STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
GRANT INCOME AND OTHER			$ 51,822	$ 183,726
OTHER INCOME	$ 17,389	$ 129,975
OPERATING EXPENSES:
Research and development	3,657,000	4,838,108	14,737,073	14,636,197
General & administrative	1,595,707	1,674,614	4,347,830	3,987,011
Total operating expenses	5,252,707	6,512,722	19,084,903	18,623,208
OPERATING LOSS	(5,235,318)	(6,382,747)	(19,033,081)	(18,439,482)
GAIN ON DERIVATIVE INSTRUMENTS	790,365	2,508,744	9,669,977	8,037,974
INTEREST (EXPENSE) INCOME, NET	(755)	24,679	44,709	49,142
NET LOSS AVAILABLE TO COMMON SHAREHOLDERS	$ (4,445,708)	$ (3,849,324)	$ (9,318,395)	$ (10,352,366)
NET LOSS PER COMMON SHARE
BASIC			$ (1.29)
DILUTED			$ (1.33)
BASIC and DILUTED	$ (0.53)	$ (0.78)		$ (2.20)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
BASIC			7,235,140
DILUTED			7,292,715
BASIC AND DILUTED	8,405,790	4,965,300		4,696,498