5. Accrued Expense

As of December 31, 2013, Current Liabilities included accrued expense of $66,739 including approximate amounts for research and development expense for clinical trial operations management of $9,600, $10,900 for advisors and consultants and $46,200 for management bonus accrual. Current Liabilities as of December 31, 2013 also included accrued expenses – related party of $52,050 for clinical trial hospital expense. As of December 31, 2012, Current Liabilities included accrued expense of $137,662 and accrued expense – related party of $26,000.