Annual report pursuant to Section 13 and 15(d)

FIXED ASSETS (Details)

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FIXED ASSETS (Details) - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Property, Plant and Equipment [Line Items]    
Total fixed assets $ 5,674,025 $ 5,646,058
Less- accumulated depreciation and amortization (3,945,554) (3,612,114)
Fixed assets, net 1,728,471 2,033,944
Office and laboratory equipment [Member]    
Property, Plant and Equipment [Line Items]    
Total fixed assets 3,345,353 3,317,386
Computer software [Member]    
Property, Plant and Equipment [Line Items]    
Total fixed assets 4,000 4,000
Leasehold improvements [Member]    
Property, Plant and Equipment [Line Items]    
Total fixed assets $ 2,324,672 $ 2,324,672