Panacea Global, Inc. - Statements of Cash Flows (USD $)	6 Months Ended				41 Months Ended
	Jun. 30, 2013		Jun. 30, 2012		Jun. 30, 2013
Cash flows from Operating Activities
Net Loss	$ (504,241)		$ (520,533)		$ (3,693,241)
Adjustments to reconcile net loss to net cash used in operating activities:
(Income)/Loss pickup on joint venture	(5,646)	[1]	(1,114)	[1]	81,778	[1]
Depreciation	9,349		7,409		27,883
Stock based compensation					1,124,367
Stock issued for services					39,300
Total Income (Loss)	(500,538)		(514,241)		(2,419,913)
Change in assets and liabilities:
Other Assets	(7,856)		(15,615)		(81,082)
Accounts payable and accrued liabilities, increase decrease	(76,594)		139,560		217,332
Deferred revenue, increase decrease					1,000,000
License fee payable, increase decrease	(323,444)		(200,000)		(1,260,944)
Net cash used in operating activities	(908,432)		(590,296)		(2,544,607)
Cash Flows from Investing Activities
Undistributed loss on joint venture	0	[1]	0	[1]	(1,000,000)	[1]
Purchases of property and equipment	(14,619)		(52,446)		(122,537)
Net cash used in investing activities	(14,619)		(52,446)		(1,122,537)
Cash Flows From Financing Activities
Issuance of common stock	1,279,088		121,652		3,100,202
Due to related parties	(174,146)		217,006		768,873
Net cash provided by financing activities	1,104,942		338,658		3,869,075
Effect of exchange rate on cash	20,653		1,420		109,764
Net change in cash	202,544		(302,664)		311,695
Cash, Beginning of Period	109,151		328,662
Cash, End of Period	311,695		25,998		311,695
Supplemental Disclosures of Cash Flow Information:
Interest paid
Taxes paid

[1] See Note 5