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RELATED PARTY TRANSACTIONS (Details Textual) (USD $)
3 Months Ended 9 Months Ended 18 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 1 Months Ended 3 Months Ended 1 Months Ended 12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Apr. 30, 2012
Dec. 31, 2011
Sep. 30, 2012
Opus [Member]
Sep. 30, 2012
Opus [Member]
Sep. 30, 2012
Research Development Expesnes [Member]
Sep. 30, 2012
LFB Group [Member]
Sep. 30, 2012
LFB Group [Member]
Dec. 31, 2011
Two Thousand and Eleven Issuance [Member]
Mar. 31, 2012
Two Thousand and Eleven Issuance [Member]
Series Preferred Stock [Member]
Dec. 30, 2011
Two Thousand and Eleven Issuance [Member]
Private Placement [Member]
Dec. 31, 2011
Two Thousand and Eleven Equity Pipe Member [Member]
Proceeds from Issuance of Private Placement                             $ 11,091,425 $ 25,000,000
Equity Method Investment, Ownership Percentage           23.60%                    
Agent Cash Commission Percentage On Proceeds From Shares Issuance                             10.00%  
Legal Expenses Reimbursed To Agent                         80,000      
Advisory Fees Expenses Private Placement                         150,000      
Other research and development 1,433,711 15,940 3,133,960 15,940 3,164,243           133,000 1,410,000        
Prepaid research and development 1,719,828   1,719,828   1,719,828   0     1,719,828            
Stock Issued During Period, Shares, Other                 2,000,000              
Non Cash Compensation Research and Development Expenses $ 127,091 $ 0 $ 236,289 $ 0 $ 236,289     $ 33,000 $ 33,000              
Warrant Term                           5 years    
Agent Warrant Percentage On Issuance Of Shares                           10.00%    
Agent Non Accountable Expense Percentage On Gross Proceeds From Share Issuance                           2.00%