CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended	50 Months Ended
Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011
CASH FLOW FROM OPERATING ACTIVITIES
Net loss	$ (1,055,474)	$ (917,755)	$ (8,240,877)
Adjustments to reconcile net loss to net cash used in operating activities
Amortization	104,473	96,009	684,226
Common stock issued for services			300,000
Stock options and warrants	240,664	286,656	2,808,116
(Increase) decrease in assets
Grants receivable	244,479
Drug product for testing	88,400
Other current assets	27,846	(28,267)	(45,147)
Increase (decrease) in liabilities
Accounts payable and accrued expenses	(26,035)	147,943	220,723
Net cash used in operating activities	(375,647)	(415,414)	(4,272,959)
CASH FLOW FROM INVESTING ACTIVITIES
Purchase of exclusive license - related party	(37,547)	(92,189)	(727,201)
Net cash used in investing activities	(37,547)	(92,189)	(727,201)
CASH FLOW FROM FINANCING ACTIVITIES
Proceeds from convertible notes			435,000
Cash repayment of convertible notes			(15,000)
Net proceeds from sale of common stock	1,396,288	542,778	5,801,819
Net cash from financing activities	1,396,288	542,778	6,221,819
NET INCREASE/(DECREASE) IN CASH	983,094	35,175	1,221,659
Cash, beginning of period	238,565	567,249
Cash, end of period	1,221,659	602,424	1,221,659
Cash paid for
Interest
Income taxes
Non-cash financing activities
Common stock issued upon conversion of convertible notes			420,000
Private Placement
Non-cash financing activities
Common stock issued	179,421	117,300	564,266
Related Party Transactions
Non-cash financing activities
Common stock issued			2,354,167
Lincoln Park Capital Fund, LLC
Non-cash financing activities
Common stock issued		$ 202,580	$ 202,580

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Unrestricted cash available for day-to-day operating needs, for an entity that has cash equivalents, but does not aggregate cash equivalents with cash on the balance sheet.

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The net cash inflow or outflow from investing activity.

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