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SHAREHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 2013

SHAREHOLDERS' EQUITY [Abstract]

Schedule of Weighted-average Assumptions Used to Estimate Fair Value of Options Granted

		Six months ended June 30,
		2013			2012
Volatility		58%-83%			73%-88%
Risk-free interest rate		0.54%-1.59%			0.56%-2.00%
Dividend yield		0%			0%
Expected life (years) *)		4.0 - 6.0			3.8-4.7

*) Excluding options that were granted to a consultant in connection with the mAb Funding Arrangement.

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- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (f)(2)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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