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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Product sales $ 0 $ 0 $ 0 $ 0
Costs and expenses:        
Research and development 970,989 1,013,929 3,747,683 3,395,362
General and administrative 625,878 676,927 1,961,463 3,356,804
Costs and expenses 1,596,867 1,690,856 5,709,146 6,752,166
Interest expense, net 546 5,614 476 23,140
Change in fair value of contingent rights 16,110 (2,978) 12,665 4,422
Net loss $ (1,613,523) $ (1,693,492) $ (5,722,287) $ (6,779,728)
Net loss per share (basic and diluted) (in dollars per share) $ (0.03) $ (0.03) $ (0.10) $ (0.15)
Weighted average number of common shares outstanding (basic and diluted) (in shares) 60,196,574 49,227,983 60,196,574 44,132,599