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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating expenses:    
Research and development $ 2,015,076 $ 2,419,961
General and administrative 1,137,753 1,025,261
Total operating expenses 3,152,829 3,445,222
Loss from operations (3,152,829) (3,445,222)
Other expense (72,580) (75,526)
Net loss $ (3,225,409) $ (3,520,748)
Net loss per common share, basic and diluted $ (0.45) $ (0.58)
Weighted-average shares used to compute basic and diluted net loss per share 7,168,005 6,103,783