Contractual Commitments

6 Months Ended

Jun. 30, 2011

Contractual Commitments

Contractual Commitments

11.      Contractual Commitments

The Company has entered into operating lease agreements for facility space and equipment, and employment agreements with our VP-Sales for EMEA and for some key employees acquired with Surgical Biologics.  In addition, the Company has minimum royalty payments due in conjunction with one of its licenses.  The estimated annual lease, royalty, and employment agreement expense are as follows:

12-month period ended June 30,
2012	$	922,543
2013		523,368
Thereafter		37,863
	$	1,483,774