Industry and geographic information:

12 Months Ended

Dec. 31, 2011

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

22. Industry and geographic information:

The Company operates in one segment, the development and commercialization of controlled-release therapeutic products based on its proprietary polymer based technology.

Revenues from GSK represented 60% of total revenues in 2009, 46% in 2010 and 67% in 2011.

Operations outside of France consist principally of the operations of the U.S. subsidiary, which had no sales to third parties in 2009, 2010 or 2011.

Revenues by geographic location of customers are as follows:

(in thousands of U.S. dollars)	As of December 31,
	2009		2010		2011
Revenues
United Kingdom & Ireland		24,792		16,641		17,619
USA		4,021		3,929		3,694
France		2,691		2,425		1,763
Europe		10,614		14,098		9,524
Total Revenues		42,118		37,094		32,600

The following is a summary of long-lived assets by geographic location:

(in thousands of U.S. dollars)	As of December 31,
	2010		2011
Long-lived assets:
USA	$	7	$	5
France	$	29,245	$	32,745
Total long-lived assets	$	29,252	$	32,750