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Condensed Statements of Operations (USD $)
3 Months Ended 9 Months Ended 56 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Operating expenses:          
Research and development $ 331,485 $ 193,742 $ 887,039 $ 313,880 $ 1,410,996
General and administrative 810,557 598,886 2,144,650 2,078,215 6,114,566
Total operating expenses 1,142,042 792,628 3,031,689 2,392,095 7,525,562
Loss from operations (1,142,042) (792,628) (3,031,689) (2,392,095) (7,525,562)
Other income (expense):          
Interest income 9,822 1,469 16,378 2,514 20,171
Interest expense 0 0 (1,339) 0 (1,497)
Total other income (expense) 9,822 1,469 15,039 2,514 18,674
Net Loss $ (1,132,220) $ (791,159) $ (3,016,650) $ (2,389,581) $ (7,506,888)
Net Loss per share - basic and fully diluted (in dollars per share) $ (0.13) $ (0.16) $ (0.42) $ (0.57) $ (2.14)
Weighted average number of shares outstanding - basic and fully diluted (in shares) 8,752,015 4,976,199 7,209,133 4,195,165 3,506,521