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PREPAID EXPENSE (Tables)
12 Months Ended
Dec. 31, 2015
Prepaid Expense and Other Assets [Abstract]  
Schedule of prepaid expense

Prepaid expense (long-term) consists of the following:

 

   December 31, 
   2015   2014 
Prepaid manufacturing costs  $980,985   $963,543 
Prepaid research and development  costs   128,898    463,720 
       TOTAL PREPAID EXPENSE  $1,109,883   $1,427,263