Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION (Details)

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STOCK-BASED COMPENSATION (Details) (USD $)
12 Months Ended 122 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Total stock-based compensation $ 1,503,297 $ 907,460 $ 4,358,170
Employee and Director Stock Option [Member]
     
Total stock-based compensation 1,330,308 761,056 3,967,053
Employee and Director Stock Option [Member] | Research and Development Expense [Member]
     
Total stock-based compensation 319,703 190,172 808,261
Employee and Director Stock Option [Member] | General and Administrative Expense [Member]
     
Total stock-based compensation 1,010,605 570,884 3,158,792
Non Employee Consultant Stock Option [Member]
     
Total stock-based compensation 172,989 146,404 391,117
Non Employee Consultant Stock Option [Member] | Research and Development Expense [Member]
     
Total stock-based compensation 79,879 36,157 116,036
Non Employee Consultant Stock Option [Member] | General and Administrative Expense [Member]
     
Total stock-based compensation $ 93,110 $ 110,247 $ 275,081