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RESEARCH AND DEVELOPMENT ACTIVITY (Tables)

12 Months Ended

Dec. 31, 2018

Research and Development [Abstract]

Schedule of milestone payments in consideration for the patent rights

Each Phase I initiation		$	25,000
Each Phase II initiation		$	250,000
Each Phase III initiation		$	350,000
Each NDA/EMA filing		$	1,000,000
Each NDA/EMA awarded		$	9,000,000

Schedule of consideration of annual maintenance fees under the PITT Agreement

June 26 of each year 2018-2022		$	5,000
June 26 of each year 2023-2024		$	10,000
June 26 of each year 2025 until first commercial sale		$	25,000

Schedule of Licensee required to make milestone payments

Each Phase I initiation		$	50,000
Each Phase III initiation		$	500,000
First commercial sale of product making use of licensed technology		$	1,250,000

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