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Consolidated Statements of Operations (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues:    
Royalties  $ 8,852 
Other    
Revenues, Total  8,852 
Costs and expenses:    
Research and development703,4561,291,7213,051,4373,146,802
General and administrative556,601691,6232,529,6042,513,527
Acquired In-Process R&D   3,000,000
Costs and Expenses, Total1,260,0571,983,3445,581,0418,660,329
Interest expense (106,784) (496,482)
Other income (expense)(48,320)(5,183)9,173(9,230)
Net Loss(1,308,377)(2,095,311)(5,563,016)(9,166,041)
Dividends on Series A convertible preferred stock(251,250)(251,250)(753,750)(753,750)
Net loss attributable to common shareholders$ (1,559,627)$ (2,346,561)$ (6,316,766)$ (9,919,791)
Net loss per share (basic and diluted)$ (0.13)$ (0.24)$ (0.54)$ (1.09)
Weighted average number of common shares outstanding (basic and diluted)12,004,4359,837,66511,654,0789,098,380