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INTANGIBLE ASSETS (TABLES)
12 Months Ended
Dec. 31, 2016
Intangible Assets (Tables)  
Intangible Assets Medical Formulas

Intangible assets consisted solely of CFDA approved medical formulas as follows:

 

 

 

December 31,

 

December 31,

 

 

2016

 

2015

Gross carrying amount

 

$

4,861,766

 

 

$

5,201,079

 

Accumulated amortization

 

 

(4,327,084

)

 

 

(4,360,004

)

Net carrying amount

 

$

534,682

 

 

$

841,075

 

Intangible Assets estimated aggregate annual amortization expense for each of the next five years and thereafter

The estimated aggregate annual amortization expense for each of the next five years and thereafter is as follows:

 

Year

 

 Amount 

2017

 

             160,947

2018

 

             109,872

2019

 

               57,290

2020

 

               35,412

2021

 

               35,412

Thereafter

 

             135,749

Total

 

 $          534,682