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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)	3 Months Ended		6 Months Ended			141 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013		Jun. 30, 2012	Jun. 30, 2013
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS [Abstract]
Research and development expenses, net	$ 461,303	$ 508,462	$ 965,548		$ 953,528	$ 11,441,952
General and administrative expenses	370,491	245,613	554,070		448,548	3,568,712
Other income						(912)
Operating loss	831,794	754,075	1,519,618		1,402,076	15,009,752
Financing expenses (income), net	(255,197)	(16,617)	400,574	[1]	(29,665)	2,200,266
Loss for the period	576,597	737,458	1,920,192		1,372,411	17,210,018
Other comprehensive (income) loss:
Foreign currency translation adjustment	12,447	(32,704)	18,800		(21,143)	27,725
Comprehensive loss for the period	$ 589,044	$ 704,754	$ 1,938,992		$ 1,351,268	$ 17,237,743
Loss per share for the period attributable to common stockholders (Basic and Diluted) (Note 4)	$ 0.13	$ 0.14	$ 0.38		$ 0.26
Weighted average number of shares outstanding (Basic and Diluted) (Note 4)	5,297,693	5,295,543	5,363,302		5,295,543
[1] Including issuance costs in an amount of US$ 390,928 allocated to the warrants with "down-round" protection. (See Note 3).

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