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Related Party Arrangements
 12 Months Ended
Dec. 31, 2011
Related Party Arrangements [Abstract]  
Related Party Arrangements

(6) Related Party Arrangements

Transactions with the Company's President and Chief Executive Officer

Effective July 1, 2011, the Company entered into an unrestricted research grant with its President and Chief Executive Officer's research laboratory, or the Lab, for $160,000 for a one-year term for the advancement of research in cardiovascular disease. For the period from July 1, 2010 through June 30, 2011, the Company provided funding to the Lab under another unrestricted research grant for $226,000. In the first half of 2011, the Company provided research funding for the lab of approximately $92,000, in accordance with a similar unrestricted research grant arrangement. Funding of the unrestricted research grants is contingent upon the Company's financial condition, and can be deferred or terminated at the Company's discretion. Total expense under these arrangements for the years ended December 31, 2011 and 2010 was $155,000 and $255,000, respectively, and $1.4 million from Inception through December 31, 2011.

The Company was a party to a materials transfer agreement with the University of Colorado, under which the Company paid $35,000 per year to maintain the Heart Tissue Bank associated with the President and Chief Executive Officer's research lab at the University of Colorado. Total expense for the year ended December 31, 2011 was $26,000 and was $227,000 from Inception through December 31, 2011.