Accrued License Payments - Related Party

12 Months Ended

Dec. 31, 2012

Accrued License Payments Related Party Abstract

Accrued License Payments - Related Party

7. Accrued License Payments – Related Party

Accrued license payments – related party totaling $100,000 and $39,538 were included in Current Liabilities as of December 31, 2012 and 2011, respectively. The amount for 2012 represents reimbursement of past patent expenses incurred by MD Anderson prior to the Bio-Path license and the annual license maintenance fee.