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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended		108 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011
COSTS AND EXPENSES:
Research and development	$ 1,005,790	$ 500,172	$ 2,445,429	$ 2,616,834	$ 19,651,388
General and administrative	905,353	106,975	1,827,510	1,014,094	8,797,688
Merger costs			746,207		799,133
Total costs and expenses	1,911,143	607,147	5,019,146	3,630,928	29,248,209
LOSS FROM OPERATIONS	(1,911,143)	(607,147)	(5,019,146)	(3,630,928)	(29,248,209)
OTHER INCOME (EXPENSE):
Grant income			44,479		244,479
Gain/(loss) on derivative warrants	3,573		(66,820)		(66,820)
Interest expense, net	(1,469)	(93,069)	(428,015)	(467,495)	(445,117)
Other income					1,161
Total other income (expense), net	2,104	(93,069)	(450,356)	(467,495)	(266,297)
NET LOSS	$ (1,909,039)	$ (700,216)	$ (5,469,502)	$ (4,098,423)	$ (29,514,506)
BASIC AND DILUTED NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS PER COMMON SHARE	$ (0.07)	$ (0.05)	$ (0.25)	$ (0.32)	$ (2.80)
SHARES USED IN COMPUTING BASIC AND DILUTED NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS PER COMMON SHARE	26,826,157	12,820,102	21,847,984	12,820,102	10,549,244

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