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Condensed Consolidated Statements of Operations (USD $)
3 Months Ended9 Months Ended123 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Revenue$ 0$ 0$ 0$ 0$ 0
Costs and expenses:     
Research and development95,897236,734541,292305,50029,369,296
General and administrative165,946278,897609,5421,264,66620,323,939
In-process research and development charge000011,887,807
Impairment of intangible assets00001,248,230
Loss on disposition of intangible assets00001,213,878
Total operating expenses261,843515,6311,150,8341,570,16664,043,150
Operating loss(261,843)(515,631)(1,150,834)(1,570,166)(64,043,150)
Other (income) expense:     
Equity in losses of Hedrin JV0000(750,000)
Change in fair value of derivative liability(2,100,898)(830,165)39,5872,696,900(2,455,261)
Interest and other income(196)(76,275)(4,518,150)(228,305)(7,610,133)
Interest expense1,165,078349,5621,882,886937,5553,795,334
Loss on early extinguishment of debt1,225,9120(1,225,912)(159,070)(1,384,982)
Realized gain on sale of marketable equity securities0000(76,032)
Total other (income) expense289,896(556,878)(1,448,939)(1,828,580)(4,211,110)
Net income (loss)(551,739)41,247298,105258,414(59,832,040)
Preferred stock dividends (including imputed amounts)00 0(1,179,645)
Net income (loss) applicable to common shares$ (551,739)$ 41,247$ 298,105$ 258,414$ (61,011,685)
Net income (loss) per common share:     
Basic and diluted (in dollars per share)$ (0.16)$ 0.02$ 0.10$ 0.12 
Weighted average shares of common stock outstanding:     
Basic and diluted (in shares)3,431,0312,419,3052,861,7922,176,257