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Accrued License Payments - Related Party
3 Months Ended
Mar. 31, 2012
Accrued License Payments - Related Party

6. Accrued License Payments – Related Party

 

Accrued license payments – related party totaling $64,538 were included in Current Liabilities as of March 31, 2012. This amount represents current patent expenses of $14,538 and $50,000 for payment of past patent expenses incurred by MD Anderson prior to entering into the license with the Company. It is expected that the accrued license payments will be made to MD Anderson in 2012.