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ACCRUED EXPENSES (Tables)
3 Months Ended
Sep. 30, 2016
Accrued Expenses  
Accrued Expenses
    September 30, 2016     June 30, 2016  
Bremelanotide program costs   $ 12,379,580     $ 6,983,581  
Other research related expenses     311,178       69,609  
Professional services     40,235       231,482  
Other     153,597       483,061  
    $ 12,884,590     $ 7,767,733