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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Plan
Quarter
Payment
Customer
Dec. 31, 2012
Payment
Dec. 31, 2011
Concentration of Credit Risk and Major Customers [Abstract]      
Accounts receivable $ 5,004,418 $ 5,082,360  
Number of customers 2    
Royalty revenue 11,767,758 9,155,654 6,314,959
Deferred revenue 100,000 100,000  
Royalty / Mark-up on Cost of Goods Sold / Earn-Out Revenue [Abstract]      
Number of quarters after which revenue is recognized 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 30,095 30,095  
Reimbursable Third Party Development Costs [Abstract]      
Accrued patent costs 60,000    
Royalty Buy-Down [Abstract]      
Initial payment for royalty buy down 600,000 1,500,000 0
Number of additional cash payments for royalty buy-down   5  
Number of cash payments made for royalty obligation 1    
Deferred royalty buy-down 3,350,000 2,750,000  
Deferred costs, amortization period 5 years    
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]      
Number of stock based compensation plans in effect 2    
Stock-based compensation expense 111,636 228,485 517,367
Stock options granted (in shares) 30,000 15,000 0
Patent cost, net [Abstract]      
Patents, net 215,999 280,322 190,416
Amortization expense for patents 64,323 64,190 50,685
Estimated aggregate amortization expense [Abstract]      
2014 53,000    
2015 25,000    
2016 20,000    
2017 20,000    
2018 20,000    
Minimum [Member]
     
Property, Plant and Equipment [Line Items]      
Estimated useful life of property, plant and equipment (in years) 5 years    
Intangible assets with definite lives useful life (in years) 1 year    
Maximum [Member]
     
Property, Plant and Equipment [Line Items]      
Estimated useful life of property, plant and equipment (in years) 10 years    
Intangible assets with definite lives useful life (in years) 13 years    
Non-Employee Consultants [Member]
     
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]      
Stock-based compensation expense 79,049 109,479 0
Research and Development [Member]
     
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]      
Stock-based compensation expense 92,249 171,217 96,849
General and Administrative [Member]
     
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]      
Stock-based compensation expense 19,387 57,268 420,518
DFB Biotech Inc. [Member]
     
Concentration of Credit Risk and Major Customers [Abstract]      
Accounts receivable 3,500,000    
Royalty revenue 3,500,000    
DFB Biotech Inc. [Member] | Accounts Receivable [Member]
     
Concentration of Credit Risk and Major Customers [Abstract]      
Concentration risk percentage (in hundredths) 70.00%    
DFB Biotech Inc. [Member] | Licensing, Consulting And Royalty Revenue [Member]
     
Concentration of Credit Risk and Major Customers [Abstract]      
Concentration risk percentage (in hundredths) 30.00%    
Auxilium [Member]
     
Concentration of Credit Risk and Major Customers [Abstract]      
Accounts receivable 1,500,000    
Royalty revenue 8,200,000    
Deferred revenue $ 200,000    
Auxilium [Member] | Accounts Receivable [Member]
     
Concentration of Credit Risk and Major Customers [Abstract]      
Concentration risk percentage (in hundredths) 30.00%    
Auxilium [Member] | Licensing, Consulting And Royalty Revenue [Member]
     
Concentration of Credit Risk and Major Customers [Abstract]      
Concentration risk percentage (in hundredths) 70.00%