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PREPAID EXPENSE | 9 Months Ended
--- | ---
Sep. 30, 2014
Prepaid Expense and Other Assets [Abstract] |
PREPAID EXPENSE | NOTE 7 – PREPAID EXPENSE Prepaid expense consisted of the following:
|  | September 30, 2014 |  | December 31, 2013
Prepaid manufacturing costs |  | $ | 899,000 |  |  | $ | 899,000 |
Prepaid research and development costs |  |  | 438,274 |  |  |  | 824,221 |
Accreted prepaid costs |  |  | 54,990 |  |  |  | 27,234 |
TOTAL PREPAID EXPENSE |  | $ | 1,392,264 |  |  | $ | 1,750,455 |

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