Panacea Global, Inc. - Statements of Operations (USD $)	3 Months Ended				38 Months Ended
	Mar. 31, 2013		Mar. 31, 2012		Mar. 31, 2013
Income Statement
Revenue
EXPENSES
Professional fees	30,926		118,009		558,715
Cost of reorganization					39,300
Filing Fees	2,301		5,234		28,722
Office and General	111,206		117,263		1,037,131
Depreciation, expense	4,490		3,507		23,024
Stock-based compensation					1,124,367
Salaries and benefits	18,429		11,653		411,068
TOTAL EXPENSES	167,352		315,666		3,222,327
Equity loss pickup	(50)	[1]	(24,518)	[1]	(87,474)	[1]
Net loss before tax	(167,402)		(340,184)		(3,309,801)
Tax expense			(46,601)		(46,601)
Net Loss	(167,402)		(386,785)		(3,356,402)
Foreign currency adjustment	14,404		1,151		103,515
Comprehensive Loss	$ (152,998)		$ (385,634)		$ (3,252,887)
Net loss per share-basic and diluted	$ 0.00		$ 0.00		$ (0.04)
Weighted number of shares outstanding- basic and diluted	95,710,253		94,063,586		85,827,572

[1] See Note 5