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Balance Sheets (USD $)
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 46,566,894us-gaap_CashAndCashEquivalentsAtCarryingValue $ 55,198,923us-gaap_CashAndCashEquivalentsAtCarryingValue
Prepaid expenses and other current assets 777,079us-gaap_PrepaidExpenseAndOtherAssetsCurrent 916,249us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 47,343,973us-gaap_AssetsCurrent 56,115,172us-gaap_AssetsCurrent
Property and equipment, net 420,365us-gaap_PropertyPlantAndEquipmentNet 452,270us-gaap_PropertyPlantAndEquipmentNet
Prepaid research and development expenses 696,531us-gaap_PrepaidExpenseNoncurrent 696,531us-gaap_PrepaidExpenseNoncurrent
Total assets 48,460,869us-gaap_Assets 57,263,973us-gaap_Assets
Current liabilities:    
Accounts payable 1,183,492us-gaap_AccountsPayableCurrent 874,028us-gaap_AccountsPayableCurrent
Accrued bonuses 226,015us-gaap_AccruedBonusesCurrent 753,786us-gaap_AccruedBonusesCurrent
Accrued expenses 2,626,207us-gaap_AccruedLiabilitiesCurrent 4,735,719us-gaap_AccruedLiabilitiesCurrent
Current portion of deferred rent 67,965us-gaap_DeferredRentCreditCurrent 97,012us-gaap_DeferredRentCreditCurrent
Total current liabilities 4,103,679us-gaap_LiabilitiesCurrent 6,460,545us-gaap_LiabilitiesCurrent
Total liabilities 4,103,679us-gaap_Liabilities 6,460,545us-gaap_Liabilities
Stockholders' equity:    
Preferred Stock; $0.001 par value; 5,000,000 shares authorized, no shares issued and outstanding at March 31, 2015 and December 31, 2014      
Common stock; $0.001 par value; 100,000,000 shares authorized, 19,007,133 shares issued and outstanding at March 31, 2015; 18,939,838 shares issued and outstanding at December 31, 2014 19,008us-gaap_CommonStockValue 18,940us-gaap_CommonStockValue
Additional paid-in capital 125,844,286us-gaap_AdditionalPaidInCapital 125,181,463us-gaap_AdditionalPaidInCapital
Accumulated deficit (81,506,104)us-gaap_RetainedEarningsAccumulatedDeficit (74,396,975)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' equity 44,357,190us-gaap_StockholdersEquity 50,803,428us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 48,460,869us-gaap_LiabilitiesAndStockholdersEquity $ 57,263,973us-gaap_LiabilitiesAndStockholdersEquity