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Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Income Statement [Abstract]        
REVENUES:    $ 6,555    $ 10,361
OPERATING EXPENSES:        
Research and development 2,630,368 2,445,770 6,079,508 4,789,083
General and administrative 980,070 1,001,538 2,023,580 2,062,554
Total operating expenses 3,610,438 3,447,308 8,103,088 6,851,637
Loss from operations (3,610,438) (3,440,753) (8,103,088) (6,841,276)
OTHER INCOME (EXPENSE):        
Investment income 4,931 13,016 10,250 27,387
Interest expense (954) (1,360) (2,805) (3,642)
Increase in fair value of warrants          (7,069,165)
Gain on disposition of supplies and equipment          4,620
Total other income (expense), net 3,977 11,656 7,445 (7,040,800)
Loss before income taxes (3,606,461) (3,429,097) (8,095,643) (13,882,076)
Income tax benefit    1,753,208    1,753,208
NET LOSS $ (3,606,461) $ (1,675,889) $ (8,095,643) $ (12,128,868)
Basic and diluted net loss per common share $ (0.03) $ (0.02) $ (0.08) $ (0.14)
Weighted average number of common shares outstanding used in computing basic and diluted net loss per common share 106,668,186 106,424,443 106,638,953 89,046,806