Annual report pursuant to Section 13 and 15(d)

RESTRUCTURING COSTS AND OTHER CORPORATE CHANGES (Details Textual)

v2.4.0.8
RESTRUCTURING COSTS AND OTHER CORPORATE CHANGES (Details Textual) (USD $)
 12 Months Ended 134 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
Restructuring Cost and Reserve [Line Items]      
Share-based Compensation, Total $ 2,323,233 $ 1,503,297 $ 6,681,403
Payment of Retention Bonus 67,427    
Payment Of Lump Sum Amount Related To Employment Agreement 112,379    
Restructuring Charges, Total 1,097,000    
severance and retention expense 386,000    
Other Restructuring Costs 5,000    
Payments for Restructuring 200,000    
Mr. Palmin [Member]
      
Restructuring Cost and Reserve [Line Items]      
Payment Upon The Completion Of Certain Milestones 75,000    
Share-based Compensation, Total 665,327    
Payment For Employment Termination 175,000    
Dr. Pazoles [Member]
      
Restructuring Cost and Reserve [Line Items]      
Share-based Compensation, Total 40,191    
Payment For Employment Termination 132,600    
Extension Of Time To Exercise Options Under Employment Agreement 18 months    
Restructuring Board of Directors [Member]
      
Restructuring Cost and Reserve [Line Items]      
Share-based Compensation, Total 274,000    
Modification of options [Member]
      
Restructuring Cost and Reserve [Line Items]      
Share-based Compensation, Total $ 706,000