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OTHER CURRENT ASSETS (Tables) | 9 Months Ended
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Sep. 30, 2013
Other Current Assets Tables |
Schedule of Other Current Assets | Other current assets consist of the following:
|  | September 30, 2013 |  |  | December 31, 2012 |
Prepaid research and development costs |  | $ | 1,940,675 |  |  | $ | 189,375 |
Deferred financing costs |  |  | 656,008 |  |  |  | — |
Prepaid consulting |  |  | 519,762 |  |  |  | 432,216 |
Other receivables-related party (Note 11) |  |  | 221,109 |  |  |  | — |
Prepaid insurance |  |  | 68,846 |  |  |  | 127,403 |
Other prepaid costs |  |  | 13,304 |  |  |  | — |
Prepaid guaranty costs |  |  | — |  |  |  | 2,944 |
TOTAL OTHER CURRENT ASSETS |  | $ | 3,419,704 |  |  | $ | 751,938 |

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- Definition Tabular disclosure of the carrying amounts of other current assets. + References No definition available. + Details
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