Panacea Global, Inc. - Balance Sheets (USD $)	Jun. 30, 2014		Dec. 31, 2013
Current Assets:
Cash	$ 152,184		$ 2,309,563
Other Assets, current	199,498		49,040
TOTAL CURRENT ASSETS	351,682		2,358,603
Investment, current	909,992	[1]	911,672	[1]
Property and equipment, net	82,511	[2]	78,236	[2]
Intangible asset, net	50,000,000	[3]	50,000,000	[3]
Total Non-Current Assets	50,992,503		50,989,908
Total Assets	51,344,185		53,348,511
LIABILITIES
Accounts payable and accrued liabilities, current	369,103		390,074
Due to related parties, current	540,810	[4]	720,209	[4]
Deferred revenue, current	1,000,000	[1]	1,000,000	[1]
License fee payable, current		[1]	574,211	[1]
TOTAL LIABILITIES	1,909,913		2,684,494
Stockholders' Equity
Preferred Stock	0	[5]	0	[5]
Capital Stock	105,998	[6]	105,998	[6]
Additional paid-in capital	55,948,583		55,145,783
Deficit accumulated during the development stage	(6,649,972)		(4,720,970)
Accumulated other comprehensive (income) loss	29,663		133,206
Total Stockholders' Equity	49,434,272		50,664,017
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 51,344,185		$ 53,348,511

[1] See Note 5

[2] See Note 9

[3] See Note 6

[4] See Note 11

[5] $0.001 par value; 100,000 shares authorized, none issued; See Note 7

[6] $0.001 par value; 300,000,000 shares authorized; 105,997,586 issued and outstanding (December 31, 2013- 105,997,586); See Note 7