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CONDENSED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenue:        
License revenue $ 0 $ 0 $ 200,000 $ 0
Expenses:        
Research and development 4,013,572 3,157,656 11,828,575 10,245,637
General and administrative 1,987,512 1,729,893 5,775,767 5,736,464
Total Expenses 6,001,084 4,887,549 17,604,342 15,982,101
Loss before other income (loss) (6,001,084) (4,887,549) (17,404,342) (15,982,101)
Other income (loss):        
Interest income 31,068 25,034 106,890 88,039
Other income, net 822 10,370 202,520 60,921
Gain (loss) on warrant derivative liabilities (4,010,811) 6,436,342 (3,172,324) (5,980,016)
Net income (loss) $ (9,980,005) $ 1,584,197 $ (20,267,256) $ (21,813,157)
Basic net income (loss) per share (in dollars per share) $ (0.33) $ 0.07 $ (0.67) $ (1.03)
Basic weighted-average shares outstanding (in shares) 30,443,293 21,208,660 30,426,460 21,208,960
Diluted net income (loss) per share (in dollars per share) $ (0.33) $ 0.07 $ (0.67) $ (1.03)
Diluted weighted-average shares outstanding (in shares) 30,443,293 21,724,986 30,426,460 21,208,960