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PREPAID EXPENSE (Tables)

12 Months Ended

Dec. 31, 2014

Prepaid Expense and Other Assets [Abstract]

Schedule of 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

Tabular disclosure of noncurrent assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.17)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 17

-Article 5

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