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RELATED PARTY TRANSACTIONS (Details Textual) (USD $) | 0 Months Ended | 3 Months Ended | 6 Months Ended |  | 6 Months Ended | 1 Months Ended | 6 Months Ended |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Mar. 11, 2014 | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Dec. 31, 2013 | Jun. 30, 2014 Opus [Member] | Jan. 30, 2012 LFB Group [Member] | Jun. 30, 2014 LFB Group [Member] | Jun. 30, 2013 LFB Group [Member] | Dec. 31, 2013 LFB Group [Member]
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |  |  |
Stock Issued During Period, Shares, New Issues | 2,702,809 |  |  |  |  |  |  | 5,000,000 |  |  |
Other research and development |  | $ 2,336,771 | $ 4,661,455 | $ 4,845,029 | $ 5,876,657 |  |  |  | $ 183,000 | $ 4,035,000 |
Accounts Payable |  |  |  |  |  |  |  |  | 760,000 |  | 1,745,000
Number Of Common Stock Shares Granted In Connection With License Agreement By Issue Of Warrants |  |  |  |  |  |  |  | 2,500,000 |  |  |
Common Stock Purchase Price Per Share |  |  |  |  |  |  |  | $ 0.001 |  |  |
Costs and Expenses, Related Party |  |  |  |  |  |  | 40,000 |  |  |  |
Prepaid Research And Development |  | $ 3,976,742 |  | $ 3,976,742 |  | $ 1,742,824 |  |  | $ 2,810,175 |  | $ 1,629,340
Royalty Revenue Description |  |  |  |  |  |  | Opus Point Partners, LLC, who identified the opportunity and advised the Company on the transaction, will be entitled to receive a 1% royalty for annual sales of up to $1 billion. |  |  |  |

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