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CONDENSED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenue:    
Licensing revenue $ 0 $ 0
Expenses:    
Research and development 3,188,759 4,401,515
General and administrative 1,817,325 1,914,715
Total Expenses 5,006,084 6,316,230
Loss before other income (loss) (5,006,084) (6,316,230)
Other income (loss):    
Interest income 40,258 35,458
Other income, net 196,937 34,059
Loss on warrant derivative liability (2,095,220) (3,888,166)
Net loss $ (6,864,109) $ (10,134,879)
Basic and diluted net loss per share (in dollars per share) $ (0.23) $ (0.49)
Basic and diluted weighted average shares outstanding (in shares) 30,417,370 21,203,867