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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOW FROM OPERATING ACTIVITIES    
Net loss $ (4,007,777) $ (2,922,063)
Adjustments to reconcile net loss to net cash used in operating activities    
Amortization 120,469 120,469
Depreciation 30,853 0
Stock-based compensation and warrants 283,205 327,118
(Increase) decrease in assets    
Prepaid drug product for testing (249,711) (45,199)
Other current assets (100,279) (130,064)
Increase (decrease) in liabilities    
Accounts payable and accrued expenses (80,742) (11,740)
Net cash used in operating activities (4,003,982) (2,661,479)
CASH FLOW FROM INVESTING ACTIVITIES    
Purchase furniture, fixtures & equipment 0 (66,124)
Net cash used in investing activities 0 (66,124)
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 (4,003,982) 11,084,770
Cash, beginning of period 13,858,798 3,551,832
Cash, end of period $ 9,854,816 $ 14,636,602