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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Customer
Jun. 30, 2012
Mar. 31, 2012
Payment
Jun. 30, 2013
Quarter
Customer
Jun. 30, 2012
Jun. 28, 2013
Dec. 31, 2012
Concentration of Credit Risk and Major Customers [Abstract]              
Accounts receivable $ 3,903,942     $ 3,903,942     $ 5,082,360
Number of customers 2     2      
Royalty revenue 3,197,603 2,491,313   6,630,503 4,391,282    
Royalty / Mark-up on Cost of Goods Sold / Earn-Out Revenue [Abstract]              
Number of quarters after which revenue is recognized (in quarters)       1      
Number of days after calendar year, after which payments and report are received       90 days      
Number of years for which bad debt expense not recorded       3 years      
Allowance for doubtful accounts 30,000 30,000   30,000 30,000    
Reimbursable Third Party Development Costs [Abstract]              
Accrued patent costs 30,000     30,000      
Royalty Buy-Down [Abstract]              
Initial payment for royalty buy down     1,500,000 0 1,500,000    
Number of additional cash payments for royalty buy down     5        
Deferred royalty buy-down 2,750,000     2,750,000     2,750,000
Deferred costs, amortization period       5 years      
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]              
Stock granted during period, value of stock options 79,000            
Expected volatility rate       37.00%      
Risk free interest rate       0.68%      
Average exercise period       5 years      
Stock-based compensation expense 79,049 135,879   105,449 175,685    
Total number of shares              
Outstanding, beginning of period (in shares)       1,182,000      
Granted (in shares)       15,000      
Forfeited (in shares)       0      
Exercised (in shares)       0      
Expired (in shares)       0      
Outstanding, end of period (in shares) 1,197,000     1,197,000      
Exercisable, end of period (in shares) 1,177,000     1,177,000      
Weighted-Average Exercise Price              
Outstanding, beginning of period (in dollars per share)       $ 8.90      
Granted (in dollars per share)       $ 15.85      
Forfeited (in dollars per share)       $ 0      
Exercised (in dollars per share)       $ 0      
Expired (in dollars per share)       $ 0      
Outstanding, end of period (in dollars per share) $ 8.99     $ 8.99      
Exercisable, end of period (in dollars per share) $ 8.64     $ 8.64      
Proceeds from stock option exercises       0 78,000    
Aggregate intrinsic value of options outstanding and exercisable 8,200,000     8,200,000      
Closing price of Company stock (in dollars per share)           $ 15.60  
Unrecognized compensation cost related to non-vested stock options outstanding 0     0      
Minimum [Member]
             
Property, Plant and Equipment [Line Items]              
Estimated useful life of property, plant and equipment       5 years      
Maximum [Member]
             
Property, Plant and Equipment [Line Items]              
Estimated useful life of property, plant and equipment       10 years      
Research and Development [Member]
             
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]              
Stock-based compensation expense 79,049 122,679   92,249 144,817    
General and Administrative [Member]
             
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]              
Stock-based compensation expense 0 13,200   13,200 30,868    
Auxilium [Member]
             
Concentration of Credit Risk and Major Customers [Abstract]              
Accounts receivable 1,400,000     1,400,000      
Royalty revenue 4,700,000            
Deferred revenue 500,000     500,000      
Auxilium [Member] | Accounts Receivable [Member]
             
Concentration of Credit Risk and Major Customers [Abstract]              
Concentration risk percentage (in hundredths)       36.00%      
Auxilium [Member] | Licensing, Consulting And Royalty Revenue [Member]
             
Concentration of Credit Risk and Major Customers [Abstract]              
Concentration risk percentage (in hundredths) 65.00%            
DFB Biotech Inc. [Member]
             
Concentration of Credit Risk and Major Customers [Abstract]              
Accounts receivable 2,500,000     2,500,000      
Royalty revenue $ 2,500,000            
DFB Biotech Inc. [Member] | Accounts Receivable [Member]
             
Concentration of Credit Risk and Major Customers [Abstract]              
Concentration risk percentage (in hundredths)       64.00%      
DFB Biotech Inc. [Member] | Licensing, Consulting And Royalty Revenue [Member]
             
Concentration of Credit Risk and Major Customers [Abstract]              
Concentration risk percentage (in hundredths) 35.00%