Accrued License Payments - Related Party

6 Months Ended

Jun. 30, 2014

Accrued License Payments Related Party Abstract

Accrued License Payments - Related Party

6. Accrued License Payments – Related Party

Accrued license payments related party totaling $50,000 and $100,000 were included in Current Liabilities as of June 30, 2014 and December 31, 2013, respectively. The amount included for June 30, 2014 represents reimbursement of past patent expenses incurred by MD Anderson prior to the Bio-Path license and the amount included for December 31, 2013 included past patent expenses and the annual maintenance fee for the License Agreement.