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COMMITMENTS | 12 Months Ended
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Dec. 31, 2014
COMMITMENTS [Abstract] |
COMMITMENTS | NOTE 5 – COMMITMENTS The Company is obligated under an operating lease for office and laboratory space expiring in approximately 4 years. The aggregate minimum future lease payments under the operating leases are as follows:
DECEMBER 31, |  | AMOUNT |
2015 |  | $ | 68,451 |
2016 |  |  | 47,407 |
2017 |  |  | 48,817 |
2018 |  |  | 50,274 |
2019 |  |  | 6,307 |
TOTAL |  | $ | 221,256 |
Rent expense approximating $98,501 and $12,777 is included in research and development and general and administrative expenses for the year ended December 31, 2014. The rent expense for the year ended December 31, 2013 is $77,994 and is included in research and development expenses.

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