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Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of intangible assets | Intangible assets consisted of the following at December 31:
|  | 2014 |  | 2013
Product and license rights |  | $ | 16,477,749 |  |  | $ | 12,139,031 |
Less: accumulated amortization |  | (2,225,949 | ) |  | (1,096,238 | )
Total product and license rights |  | 14,251,800 |  |  | 11,042,793 |
Patents |  | 8,194,264 |  |  | 4,866,570 |
Less: accumulated amortization |  | (877,523 | ) |  | (410,544 | )
Total patents |  | 7,316,741 |  |  | 4,456,026 |
Trademarks |  | 9,020 |  |  | 9,020 |
Less: accumulated amortization |  | (9,020 | ) |  | (9,020 | )
Total trademarks |  | — |  |  | — |
Total intangible assets |  | $ | 21,568,541 |  |  | $ | 15,498,819 |
Schedule of expected amortization expense of intangible assets | The expected amortization expense for the Company's current balance of intangible assets are as follows:
Year ending December 31: |  |
2015 |  | $ | 1,949,396 |
2016 |  | 1,949,396 |
2017 |  | 1,949,396 |
2018 |  | 1,949,396 |
2019 and thereafter |  | 13,770,957 |
|  | $ | 21,568,541 |

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- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
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