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RELATED PARTY TRANSACTIONS (Details Textual) (USD $)
3 Months Ended 9 Months Ended 1 Months Ended 9 Months Ended 1 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Jun. 23, 2014
Opus [Member]
Sep. 30, 2014
Opus [Member]
Jan. 30, 2012
LFB Group [Member]
Sep. 30, 2014
LFB Group [Member]
Sep. 30, 2013
LFB Group [Member]
Dec. 31, 2013
LFB Group [Member]
Related Party Transaction [Line Items]                      
Stock Issued During Period, Shares, New Issues               5,000,000      
Other research and development $ 8,352,154 $ 3,138,119 $ 13,197,183 $ 9,014,776         $ 1,845,000 $ 6,068,000  
Accounts Payable                 0   1,745,000
Number Of Common Stock Shares Granted In Connection With License Agreement By Issue Of Warrants               2,500,000      
Common Stock Purchase Price Per Share               $ 0.001      
Costs and Expenses, Related Party             80,000        
Prepaid Research And Development $ 9,117,863   $ 9,117,863   $ 1,742,824       $ 3,055,345   $ 1,629,340
Royalty Revenue Description           Opus Point Partners, LLC, who identified the opportunity and advised us on the transaction, will be entitled to receive a 1% royalty for annual sales of up to $1 billion.