CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)	3 Months Ended	9 Months Ended	120 Months Ended
Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS [Abstract]
Research and development expenses, net	$ 469,836	$ 461,077	$ 1,423,364	$ 1,242,191	$ 9,979,078
General and administrative expenses	216,190	239,169	664,738	493,905	2,826,472
Other income					(912)
Operating loss	686,026	700,246	2,088,102	1,736,096	12,804,638
Financing (income) expenses, net	14,530	8,462	(15,135)	29,533	1,785,848
Loss for the period	700,556	708,708	2,072,967	1,765,629	14,590,486
Other comprehensive (income) loss:
Foreign currency translation adjustment	8,069	(42,384)	(13,074)	(42,408)	(35,708)
Comprehensive loss	$ 708,625	$ 666,324	$ 2,059,893	$ 1,723,221	$ 14,554,778
Loss per share (Basic and Diluted) (Note 4)	$ 0.13	$ 0.14	$ 0.39	$ 0.35
Weighted average number of shares outstanding (Basic and Diluted) (Note 4)	5,295,543	5,205,640	5,295,543	5,016,935

The average number of shares or units issued and outstanding that are used in calculating basic and diluted EPS.

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