PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details) - USD ($)	Mar. 31, 2017	Jun. 30, 2016
Prepaid Expenses And Other Current Assets Details
Clinical study costs	$ 640,348	$ 1,146,975
Deferred financing costs	181,996	23,010
Other	241,768	143,856
Total prepaid expenses and other current assets	$ 1,064,112	$ 1,313,841