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INTANGIBLE ASSETS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2012
Intangible Assets (Tables) |
Intangible Assets Medical Formulas | Intangible assets consisted solely of SFDA approved medical formulas as follows:
|  | December 31,
|  | 2012 |  | 2011
Gross carrying amount |  | $ 5,357,580 |  | $ 6,124,475
Accumulated amortization |  | (2,944,726) |  | (3,041,804)
Net carrying amount |  | $ 2,412,854 |  | $ 3,082,671
Intangible Assets Amortization Expense | The estimated aggregate annual amortization expense for each of the next five years and thereafter is as follows:
Year |  | Amount
2013 |  | $ 521,980
2014 |  | 505,653
2015 |  | 364,978
2016 |  | 318,939
2017 |  | 272,386
Thereafter |  | 428,918
Total |  | $ 2,412,854

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