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PREPAID EXPENSE
12 Months Ended
Dec. 31, 2013
Prepaid Expense, Current [Abstract]  
PREPAID EXPENSE

NOTE 6 –PREPAID EXPENSE

 

Prepaid expense consists of the following:

 

   December 31, 
   2013   2012 
Prepaid R & D costs  $824,221   $953,655 
Prepaid manufacturing costs   899,000     
Accreted prepaid costs   27,234     
TOTAL PREPAID EXPENSE  $1,750,455   $953,655