PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details) - USD ($)	Sep. 30, 2016	Jun. 30, 2016
Prepaid Expenses And Other Current Assets Details
Clinical study costs	$ 860,440	$ 1,146,975
Deferred financing costs	25,764	23,010
Other	121,774	143,856
Total prepaid expenses and other current assets	$ 1,007,978	$ 1,313,841