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PREPAID EXPENSE | 3 Months Ended
--- | ---
Mar. 31, 2015
Prepaid Expense and Other Assets [Abstract] |
PREPAID EXPENSE | NOTE 7 – PREPAID EXPENSE Prepaid expense consists of the following:
|  | March 31, 2015 |  | December 31, 2014
Prepaid manufacturing costs |  | $ | 899,000 |  |  | $ | 899,000 |
Prepaid research and development costs |  |  | 360,754 |  |  |  | 463,720 |
Accreted prepaid costs |  |  | 74,385 |  |  |  | 64,543 |
TOTAL PREPAID EXPENSE |  | $ | 1,334,139 |  |  | $ | 1,427,263

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