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CONDENSED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenue:    
License revenue $ 0 $ 0
Expenses:    
Research and development 6,987,848 3,188,759
General and administrative 3,131,074 1,817,325
Total Expenses 10,118,922 5,006,084
Loss before other income (loss) (10,118,922) (5,006,084)
Other income (loss):    
Interest income 70,638 40,258
Other income, net 9,898 196,937
Gain (loss) on warrant derivative liabilities 14,702,904 (2,095,220)
Net income (loss) $ 4,664,518 $ (6,864,109)
Basic net income (loss) per share (in dollars per share) $ 0.09 $ (0.23)
Basic weighted-average shares outstanding (in shares) 50,314,719 30,417,370
Diluted net income (loss) per share (in dollars per share) $ 0.08 $ (0.23)
Diluted weighted-average shares outstanding (in shares) 55,727,056 30,417,370