Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
REVENUES:
License revenue	$ 0	$ 0	$ 0	$ 0
OPERATING EXPENSES:
Research and development	8,134,575	11,272,307	19,360,659	21,870,021
General and administrative	1,306,300	1,356,117	2,515,646	2,556,054
Total operating expenses	9,440,875	12,628,424	21,876,305	24,426,075
Loss from operations	(9,440,875)	(12,628,424)	(21,876,305)	(24,426,075)
OTHER (EXPENSE) INCOME:
Interest income	5,991	8,234	12,636	23,974
Interest expense	(594,535)	(629,494)	(1,218,520)	(1,257,502)
Total other income (expense), net	(588,544)	(621,260)	(1,205,884)	(1,233,528)
NET LOSS	$ (10,029,419)	$ (13,249,684)	$ (23,082,189)	$ (25,659,603)
Basic and diluted net loss per common share	$ (0.06)	$ (0.08)	$ (0.13)	$ (0.16)
Weighted average number of common shares outstanding used in computing basic and diluted net loss per common share	177,798,511	156,358,586	171,823,390	156,268,094