Accrued License Payments - Related Party

12 Months Ended

Dec. 31, 2011

Accrued License Payments - Related Party

7. Accrued License Payments – Related Party

Accrued license payments – related party totaling $39,538 and $74,217 were included in Current Liabilities as of December 31, 2011 and 2010, respectively, representing reimbursement of current and past patent expenses incurred by MD Anderson prior to the Bio-Path license.