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Consolidated Balance Sheets (USD $)
Jun. 30, 2014
Dec. 31, 2013
Current Assets:    
Cash and cash equivalents $ 4,105,954 $ 8,055,385
Cash restricted pursuant to letters of credit 52,488 302,488
Current portion of deferred financing costs 968,004 968,004
Prepaid expenses and other current assets 208,499 49,221
Total current assets 5,334,945 9,375,098
Property and Equipment, at cost:    
Computer equipment 333,329 323,488
Office and laboratory equipment (including assets under capitalized leases) 740,177 728,152
Furniture and fixtures 755,444 755,444
Manufacturing equipment 111,980 111,980
Leasehold improvements 825,589 825,589
Property and equipment, at cost 2,766,519 2,744,653
Less-Accumulated depreciation and amortization (1,436,980) (1,248,846)
Net property and equipment (including assets under capitalized leases) 1,329,539 1,495,807
Other Assets:    
Restricted cash 10,490 10,490
Intangible assets, net of accumulated amortization 9,625,000 9,625,000
Deferred financing costs 2,097,322 2,581,324
Other assets 1,000 1,576
Total other assets 11,733,812 12,218,390
Total assets 18,398,296 23,089,295
Current Liabilities:    
Accounts payable 1,032,360 1,036,320
Current portion of deferred revenue from licensing arrangements 76,428 76,428
Current portion of capital lease obligation    1,361
Derivative warrant liability 586,155 1,119,155
Accrued expenses and other liabilities 884,201 1,411,107
Total current liabilities 2,579,144 3,644,371
Deferred revenue from licensing arrangements, net of current portion 38,214 76,428
Total liabilities 2,617,358 3,720,799
Convertible Preferred Stock:    
Common Stock, $0.01 par value, authorized 150,000,000 shares, issued and outstanding 12,665,518 and 11,776,578 shares at June 30, 2014 and December 31, 2013, respectively 126,654 117,764
Additional paid-in capital 135,133,217 132,192,648
Accumulated deficit (119,506,429) (112,969,412)
Total stockholders' equity 15,780,938 19,368,496
Total liabilities and stockholders' equity 18,398,296 23,089,295
Series C Preferred Stock [Member]
   
Convertible Preferred Stock:    
Series C, $0.01 par value, authorized 10,000 shares, issued and outstanding 1,000 shares at June 30, 2014 and December 31, 2013; Series D, $0.01 par value, authorized 3,600,000 shares, issued and outstanding 1,000,000 shares at June 30, 2014 and December 31, 2013 (preference in liquidation of $1,000,000); Series E, $0.01 par value, authorized 1,748,613 shares, issued and outstanding 1,748,613 shares at March 31June 30, 2014 and December 31, 2013 10 10
Series D Preferred Stock [Member]
   
Convertible Preferred Stock:    
Series C, $0.01 par value, authorized 10,000 shares, issued and outstanding 1,000 shares at June 30, 2014 and December 31, 2013; Series D, $0.01 par value, authorized 3,600,000 shares, issued and outstanding 1,000,000 shares at June 30, 2014 and December 31, 2013 (preference in liquidation of $1,000,000); Series E, $0.01 par value, authorized 1,748,613 shares, issued and outstanding 1,748,613 shares at March 31June 30, 2014 and December 31, 2013 10,000 10,000
Series E Preferred Stock [Member]
   
Convertible Preferred Stock:    
Series C, $0.01 par value, authorized 10,000 shares, issued and outstanding 1,000 shares at June 30, 2014 and December 31, 2013; Series D, $0.01 par value, authorized 3,600,000 shares, issued and outstanding 1,000,000 shares at June 30, 2014 and December 31, 2013 (preference in liquidation of $1,000,000); Series E, $0.01 par value, authorized 1,748,613 shares, issued and outstanding 1,748,613 shares at March 31June 30, 2014 and December 31, 2013 $ 17,486 $ 17,486