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OTHER CURRENT ASSETS (Details) - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Other Current Assets    
Prepaid insurance $ 695,421 $ 394,878
Prepaid research and development costs 674,353 299,498
Other prepaid costs 369,812 181,186
Prepaid consulting 334,822 411,864
Prepaid vendor deposits 159,489  
Other receivables-related party (Note 12)   249,981
TOTAL OTHER CURRENT ASSETS $ 2,233,897 $ 1,537,407