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Statements of Cash Flows (USD $)
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating activities:    
Net loss $ (3,128,575) $ (2,516,149)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 4,763 5,398
Non-cash share-based compensation 103,580 244,590
Gain on settlement of accrued liabilities 0 (141,016)
Changes in operating assets and liabilities:    
Grants receivable (570,261) (11,129)
Prepaid expenses and other current assets 251,866 25,991
Other assets 5,752 5,693
Accounts payable 41,951 131,603
Accrued expenses 370,646 7,682
Net cash used in operating activities (2,920,278) (2,247,337)
Investing activities:    
Purchase of property and equipment (1,084) (22,406)
Net cash used in investing activities (1,084) (22,406)
Financing activities:    
Net proceeds from issuance of common stock 1,417,216 4,505,251
Net cash provided by financing activities 1,417,216 4,505,251
Net increase (decrease) in cash and cash equivalents (1,504,146) 2,235,508
Cash and cash equivalents:    
Beginning of period   6,591,276
End of period   $ 4,355,768