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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Significant Accounting Policies [Abstract]  
Useful Lives of Property and Equipment

The Company’s estimated useful life for property and equipment is as follows:





 

 



 

 



 

Estimated Useful Lives

Laboratory equipment

 

510 years

Office and computer equipment

 

3  –  5 years

Leasehold improvements

 

Shorter of lease term or useful life



Annual Patent Amortization Expense

Annual patent amortization expense for the next five years and thereafter are estimated as follows:







 

 

 



 

 

 



 

Patent



 

Amortization

2017

 

$

31,000 

2018

 

 

31,000 

2019

 

 

31,000 

2020

 

 

31,000 

2021

 

 

31,000 

Thereafter through December 2026

 

 

152,000 

Total patent amortization expense

 

$

307,000