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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOW FROM OPERATING ACTIVITIES    
Net loss $ (2,500,176) $ (1,773,654)
Adjustments to reconcile net loss to net cash used in operating activities    
Amortization 80,312 80,312
Depreciation 20,568 0
Stock-based compensation and warrants 184,562 209,071
(Increase) decrease in assets    
Prepaid drug product for testing (541,177) (89,981)
Other current assets (153,121) (107,446)
Increase (decrease) in liabilities    
Accounts payable and accrued expenses 130,233 38,621
Net cash used in operating activities (2,778,799) (1,643,077)
CASH FLOW FROM FINANCING ACTIVITIES    
Net proceeds from sale of common stock 0 13,812,373
Net cash from financing activities 0 13,812,373
NET INCREASE (DECREASE) IN CASH (2,778,799) 12,169,296
Cash, beginning of period 13,858,798 3,551,832
Cash, end of period $ 11,079,999 $ 15,721,128