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STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income Statement [Abstract]        
OTHER INCOME $ 15,914 $ 113,728 $ 196,215 $ 144,133
OPERATING EXPENSES:        
Research and development 4,453,730 3,769,538 12,627,269 9,208,900
Depreciation and amortization 65,042 79,008 173,185 302,871
General & administrative 2,398,471 1,778,381 6,457,835 5,428,897
Total operating expenses 6,917,243 5,626,927 19,258,289 14,940,668
OPERATING LOSS (6,901,329) (5,513,199) (19,062,074) (14,796,535)
(LOSS) GAIN ON DERIVATIVE INSTRUMENTS 4,467,776 1,079,392 (1,053,755) 7,363,854
INTEREST INCOME 30,795 29,027 93,434 89,394
INTEREST EXPENSE (41,722) (42,763) (122,083) (127,803)
NET LOSS (2,444,480) (4,447,543) (20,144,478) (7,471,090)
ISSUANCE OF ADDITIONAL SHARES DUE TO RESET PROVISIONS 0 0 (1,117,447) 0
MODIFICATION OF WARRANTS 0 (59,531) 0 (59,531)
NET LOSS AVAILABLE TO COMMON SHAREHOLDERS $ (2,444,480) $ (4,507,074) $ (21,261,925) $ (7,530,621)
NET LOSS PER COMMON SHARE        
BASIC $ (0.04) $ (0.15) $ (0.38) $ (0.25)
DILUTED $ (0.11) $ (0.18) $ (0.38) $ (0.5)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
BASIC 64,664,274 30,930,650 56,343,806 30,038,324
DILUTED 64,664,274 30,930,650 56,343,806 30,038,324