Subsequent Events

12 Months Ended

Dec. 31, 2012

Subsequent Events [Abstract]

Subsequent Events:

(NOTE M) – Subsequent Events:

Bridge Financing

Subsequent to December 31, 2012, the Company borrowed an additional aggregate principal amount of $305,000, of which $205,000 was from Breisgau BioVentures SA (See Note E[1]) and $100,000 from Mr. Joerg Gruber (See Note J) on the same terms as amounts borrowed during the year then ended.