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Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets consisted of the following:

 

   As of June 30,   As of June 30, 
   2019   2018 
         
Product Licenses - Cost  $47,244,997   $47,244,997 
Effect of Translation Adjustment   (15,343,727)   (7,857,270)
Accumulated Amortization   (24,568,320)   (27,140,531)
Net Balance  $7,332,950   $12,247,196 
Estimated Amortization Expense of Intangible Assets Over Next Five Years

Estimated amortization expense of intangible assets over the next five years is as follows:

 

Year ended:    
June 30, 2020  $1,783,775 
June 30, 2021   1,783,775 
June 30, 2022   1,783,775 
June 30, 2023   1,783,775 
June 30, 2024   197,850 
   $7,332,950