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Consolidated Statements of Cash Flows (unaudited) - USD ($)
6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (40,080,274) $ (51,261,694)
(Gain) loss on disposal of fixed assets   (19,195)
Change in value of derivatives (346,411) (2,551,116)
Acquired in-process research and development   10,142,786
Stock-based compensation 4,797,182 4,219,935
Depreciation and amortization 1,598,261 739,598
Amortization of note premiums 179,460 668,364
Changes in operating assets and liabilities:    
Prepaid expenses and Other Current Assets (641,840) (3,502,618)
Accounts payable 2,510,792 2,402,381
Accrued expenses (4,103,354) (1,442,450)
Other 190,280 34,425
NET CASH USED IN OPERATING ACTIVITIES (35,895,904) (40,569,584)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (500,634) (852,063)
Proceeds from sale of fixed assets   500
Proceeds from sale of marketable securities 6,200,000 12,150,774
Cash paid for acquisitions   (7,000,000)
NET CASH PROVIDED BY INVESTING ACTIVITIES 5,699,366 4,299,211
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on capital leases and notes payable (108,326) (106,554)
Payments of taxes for net share settled restricted stock unit issuances (634,187)  
Proceeds from the exercise of warrants and stock options 25,544 313,618
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (716,969) 207,064
NET INCREASE (DECREASE) IN CASH (30,913,507) (36,063,309)
CASH AT BEGINNING OF PERIOD 81,214,354 132,510,610
CASH AT END OF PERIOD 50,300,847 96,447,301
Supplementary disclosures:    
Interest paid (5,797) (7,655)
Income Tax Credits Refunded 1,365,288  
Income Taxes Paid $ (2,400) (2,400)
Common Stock issued to Novartis for asset acquisition   $ 25,000,000