Panacea Global, Inc. - Statements of Cash Flows (USD $)	3 Months Ended				38 Months Ended
	Mar. 31, 2013		Mar. 31, 2012		Mar. 31, 2013
Cash flows from Operating Activities
Net Loss	$ (167,402)		$ (386,785)		$ (3,356,402)
Adjustments to reconcile net loss to net cash used in operating activities:
Undistributed loss on joint venture	50	[1]	24,518	[1]	87,474	[1]
Depreciation	4,490		3,507		23,024
Stock based compensation					1,124,367
Stock issued for services					39,300
Total Income (Loss)	(162,862)		(358,760)		(2,082,237)
Change in assets and liabilities:
Other Assets	24,243		(239)		(48,983)
Accounts payable and accrued liabilities, increase decrease	(99,209)		116,925		194,717
Deferred revenue, increase decrease					1,000,000
License fee payable, increase decrease			(100,000)		(937,500)
Net cash used in operating activities	(237,828)		(342,074)		(1,874,003)
Cash Flows from Investing Activities
Undistributed loss on joint venture	0	[1]	0	[1]	(1,000,000)	[1]
Purchases of property and equipment	(773)		(40,099)		(108,691)
Net cash used in investing activities	(773)		(40,099)		(1,108,691)
Cash Flows From Financing Activities
Issuance of common stock	502,895				2,324,009
Due to related parties	(147,474)		229,905		795,545
Net cash provided by financing activities	355,421		229,905		3,119,554
Effect of exchange rate on cash	14,404		1,151		103,515
Net change in cash	131,224		(151,117)		240,375
Cash, Beginning of Year	109,151		328,662
Interest paid
Taxes paid
Cash, End of Year	240,375		177,545		240,375
Interest paid
Taxes paid

[1] See Note 5