SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2018
Accounting Policies [Abstract]  
Schedule of Accrued Liabilities
Accrued expenses consisted of the following: 
 
 
September 30, 2018
 
December 31, 2017
Compensation and benefits
 
$

 
$
1,065,225

Clinical costs
 
138,000

 

Other
 
91,401

 
115,000

Total
 
$
229,401

 
$
1,180,225

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The potentially dilutive securities, excluding out-of-the-money stock options and warrants, consisted of the following:
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
 
2018
 
2017
 
2018
 
2017
Options outstanding under the Private Innovate Plan
 
6,428,577

 
6,509,824

 
6,428,577

 
6,509,824

Options and warrants outstanding under the Amended Omnibus Plan (subject to stockholder approval)
 
1,202,843

 

 
1,202,843

 

Warrants issued at an exercise price of $2.54
 
349,555

 

 
349,555

 

Warrants issued at an exercise price of $3.18
 
1,410,309

 

 
1,410,309

 

  Total
 
9,391,284

 
6,509,824

 
9,391,284

 
6,509,824