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Condensed Statements of Operations (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
REVENUE    
Royalty revenue $ 145,040 $ 114,000
Total revenue 145,040 114,000
EXPENSES    
Research and development 972,049 5,183,217
General and administration 1,949,114 1,831,852
Depreciation and amortization 166,386 30,866
Total expenses 3,087,549 7,045,935
OTHER    
Convertible note fair value adjustment (285,329) (3,210,338)
Gain on sale of intellectual property 1,000,000  
Interest expense (64,671) (124,196)
Interest income 1,860 1,992
NET LOSS $ (2,290,649) $ (10,264,477)
BASIC AND DILUTED NET LOSS PER SHARE (in dollars per share) $ (0.09) $ (0.53)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING (in shares) 24,487,451 19,377,768