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CONTINGENCIES AND COMMITMENTS (Tables)
 9 Months Ended
Sep. 30, 2012
Accounting Policies [Abstract]  
Aggregate minimum annual payments
                                R&D                            Administrative
    Commitments   Commitments
2012    $ 1,052,500    $     195,821
2013         37,500           308,313
2014                   -               22,284
    $ 1,090,000   $      526,418