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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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- Definition

Disclosure of prepaid expenses.

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