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Statements of Income (USD $)
12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2011
Revenue      
Product sales $ 24,434,823 $ 25,151,822 $ 26,024,823
Contract research and development 2,598,596 3,427,398 5,172,240
Total revenue 27,033,419 28,579,220 31,197,063
Cost of sales 7,025,181 9,325,511 9,783,698
Gross profit 20,008,238 19,253,709 21,413,365
Expenses      
Selling, general , and administrative 2,240,563 2,380,603 2,474,468
Research and development 2,570,821 2,600,058 1,269,127
Total expenses 4,811,384 4,980,661 3,743,595
Income from operations 15,196,854 14,273,048 17,669,770
Interest income 2,359,603 2,350,191 2,021,426
Income before taxes 17,556,457 16,623,239 19,691,196
Provision for income taxes 5,727,619 5,242,144 6,330,251
Net income $ 11,828,838 $ 11,381,095 $ 13,360,945
Net income per share - basic $ 2.44 $ 2.37 $ 2.83
Net income per share - diluted $ 2.43 $ 2.34 $ 2.76
Weighted average shares outstanding      
Basic 4,839,810 4,796,227 4,729,035
Diluted 4,863,546 4,863,471 4,844,266