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CONDENSED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenue:    
License revenue $ 0us-gaap_LicensesRevenue $ 0us-gaap_LicensesRevenue
Expenses:    
Research and development 12,563,745us-gaap_ResearchAndDevelopmentExpense 6,987,848us-gaap_ResearchAndDevelopmentExpense
General and administrative 3,130,232us-gaap_GeneralAndAdministrativeExpense 3,131,074us-gaap_GeneralAndAdministrativeExpense
Total Expenses 15,693,977us-gaap_CostsAndExpenses 10,118,922us-gaap_CostsAndExpenses
Loss before other income (loss) (15,693,977)us-gaap_OperatingIncomeLoss (10,118,922)us-gaap_OperatingIncomeLoss
Other income (loss):    
Interest income 56,574us-gaap_InvestmentIncomeInterestAndDividend 70,638us-gaap_InvestmentIncomeInterestAndDividend
Other income (loss), net (15,853)us-gaap_OtherNonoperatingIncome 9,898us-gaap_OtherNonoperatingIncome
Gain (loss) on warrant derivative liability (1,871,294)us-gaap_DerivativeGainLossOnDerivativeNet 14,702,904us-gaap_DerivativeGainLossOnDerivativeNet
Net income (loss) $ (17,524,550)us-gaap_NetIncomeLoss $ 4,664,518us-gaap_NetIncomeLoss
Basic net income (loss) per share (in dollars per share) $ (0.31)us-gaap_EarningsPerShareBasic $ 0.09us-gaap_EarningsPerShareBasic
Basic weighted-average shares outstanding (in shares) 55,722,710us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 50,314,719us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted net income (loss) per share (in dollars per share) $ (0.31)us-gaap_EarningsPerShareDiluted $ 0.08us-gaap_EarningsPerShareDiluted
Diluted weighted-average shares outstanding (in shares) 55,722,710us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 55,727,056us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding