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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2016
SUBSEQUENT EVENTS [Abstract]  
SUBSEQUENT EVENTS
7. SUBSEQUENT EVENTS

On July 29, 2016, Endo provided us with notice of exercise of its additional indication option under the License Agreement with regard to the human lipoma indication. Pursuant to the License Agreement, Endo will pay to us the amount of $750,000 for license of the human lipoma indication. This payment is to be made within thirty days of July 29, 2016.