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PREPAID EXPENSE (Tables)

3 Months Ended

Mar. 31, 2015

Prepaid Expense and Other Assets [Abstract]

Schedule of 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

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

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