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Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2020

Commitments and Contingencies

Schedule of milestone payments

In further consideration for the licenses granted, the Company shall make the following milestone payments to the Licensor based upon the attainment of each milestone event indicated below.

Milestone Event		Amount
Commencement of Phase II		$	230,000
Commencement of Phase III		$	575,000
Filing of an NDA for Regulatory Approval (or equivalent in Europe or Japan)		$	1,150,000
Receipt of Regulatory Approval in the United States		$	5,750,000
Receipt of Regulatory Approval outside the United States		$	5,750,000

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Tabular disclosure of information about obligations resulting from other commitments.

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