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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (USD $)
3 Months Ended 6 Months Ended 143 Months Ended
Feb. 28, 2014
Feb. 28, 2013
Feb. 28, 2014
Feb. 28, 2013
Feb. 28, 2014
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS [Abstract]          
RESEARCH AND DEVELOPMENT EXPENSES, net $ 673,334 $ 748,996 $ 1,423,844 $ 1,141,622 $ 13,228,332
IMPAIRMENT OF INVESTMENT             434,876
GENERAL AND ADMINISTRATIVE EXPENSES 512,252 510,834 929,979 850,047 11,123,655
OPERATING LOSS 1,185,586 1,259,830 2,353,823 1,991,669 24,786,863
FINANCIAL INCOME (73,957) (66,800) (120,080) (139,044) (507,733)
FINANCIAL EXPENSES 3,213 32,844 5,419 332,002 699,245
GAIN ON SALE OF INVESTMENT             (1,033,004)
IMPAIRMENT OF AVAILABLE-FOR-SALE SECURITIES             381,666
LOSS BEFORE TAXES ON INCOME 1,114,842 1,225,874 2,239,162 2,184,627 24,327,037
TAXES ON INCOME             35,714
NET LOSS FOR THE PERIOD 1,114,842 1,225,874 2,239,162 2,184,627 24,362,751
SUBSEQUENT INCREASE IN THE FAIR VALUE OF AVAILABLE FOR SALE SECURITIES PREVIOUSLY WRITTEN DOWN AS IMPAIRED (48,498) (5,630) (53,820) (122,977) (184,665)
RECLASSIFICATION ADJUSTMENT FOR GAINS INCLUDED IN NET LOSS 25,937 50,687 44,391 50,687 134,761
UNREALIZED GAIN ON AVAILABLE FOR SALE SECURITIES (490,251) (53,697) (534,153) (172,218) (797,081)
TOTAL OTHER COMPREHENSIVE INCOME (512,812) (8,640) (543,582) (244,508) (846,985)
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD $ 602,030 $ 1,217,234 $ 1,695,580 $ 1,940,119 $ 23,515,766
BASIC AND DILUTED LOSS PER COMMON SHARE $ (0.12) $ (0.17) $ (0.26) $ (0.31)  
WEIGHTED AVERAGE NUMBER OF COMMON STOCK USED IN COMPUTING BASIC AND DILUTED LOSS PER COMMON STOCK 9,127,799 7,212,767 8,531,150 7,018,766