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PRODUCT DEVELOPMENT EXPENSES
 9 Months Ended
Sep. 30, 2012
Research and Development [Abstract]  
Research, Development, and Computer Software Disclosure [Text Block]
7. PRODUCT DEVELOPMENT EXPENSES

 

In 1999, we shifted the primary focus of our product development efforts from human applications of our whey protein purification technology to scientifically-proven and practical products that result in a measurable economic impact on animal health and productivity in the dairy and beef industries. We expect to continue this strategic focus. As anticipated, we reduced product development expenses during the periods being reported primarily because we are spending less money on the development of Mast OutÒ with the significant clinical studies now largely complete. Product development expenses decreased by approximately 26%, or $80,311, to $223,771 during the three-month period ended September 30, 2012 in comparison to $304,082 during the same period in 2011. Product development expenses decreased by approximately 53%, or $765,692, to $683,285 during the nine-month period ended September 30, 2012 in comparison to $1,448,977 during the same period in 2011.