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4. SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2016
Subsequent Events [Abstract]  
4. SUBSEQUENT EVENTS

NOTE 4 - SUBSEQUENT EVENTS

On July 1, 2016, the Company completed its transaction pursuant to the Royalty Settlement and Release Agreement with Arthrex (see Note 1). Pursuant to the terms of the agreement, on July 1, 2016, the Company received the Royalty Payment in full satisfaction of the Arthrex Asset Purchase Agreement.