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PREPAID EXPENSE

12 Months Ended

Dec. 31, 2014

Prepaid Expense and Other Assets [Abstract]

PREPAID EXPENSE

NOTE 6 –PREPAID EXPENSE 

Prepaid expense consists of the following: 

		December 31,
		2014				2013
Prepaid manufacturing costs		$	899,000			$	899,000
Prepaid research and development costs			463,720				824,221
Accreted prepaid costs			64,543				27,234
TOTAL PREPAID EXPENSE		$	1,427,263			$	1,750,455

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- Definition

Disclosure of prepaid expenses.

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