14. SEGMENT REPORTING

12 Months Ended

Sep. 30, 2015

Segment Reporting [Abstract]

14. SEGMENT REPORTING

ASC 280, “Disclosure about Segments of an Enterprise and Related Information” establishes standards for reporting information regarding operating segments in annual financial statements and requires selected information for those segments to be presented in interim financial reports issued to stockholders.  This topic also establishes standards for related disclosures about products and services and geographic areas.  Operating segments are identified as components of an enterprise about which separate discrete financial information is available for evaluation by the chief operating decision maker, or decision-making group, in making decisions how to allocate resources and assess performance.  The Company’s chief decision maker, as defined under this topic, is the Chief Executive Officer.  To date, the Company has viewed its operations as principally one segment, the research and development of certain drugs and vaccines.  As a result, the financial information disclosed herein materially represents all of the financial information related to the Company’s principal operating segment.