Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Income Statement [Abstract]
REVENUES	$ 27,217	$ 216,147
Research and development	2,284,383	3,452,762
General and administrative	1,109,382	1,381,776
Total operating expenses	3,393,765	4,834,538
Loss from operations	(3,366,548)	(4,618,391)
Investment income	15,040	20,375
Interest expense	(2,973)	(2,304)
Total other income, net	12,067	18,071
NET LOSS	$ (3,354,481)	$ (4,600,320)
Basic and diluted net loss per common share	$ 0.10	$ 0.39
Weighted average number of common shares outstanding used in computing basic and diluted net loss per common share	34,900,591	11,730,308