Panacea Global, Inc. - Statements of Cash Flows (USD $)	6 Months Ended				53 Months Ended
	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014
Cash flows from Operating Activities
Net Loss	$ (1,929,002)		$ (504,241)		$ (6,649,972)
Adjustments to reconcile net loss to net cash used in operating activities:
Loss (income) pickup on Joint Venture	1,680	[1]	(5,646)	[1]	90,008	[1]
Depreciation	8,736		9,349		46,236
Stock based compensation	802,800				1,927,167
Stock issued for services					59,300
Total Income (Loss)	(1,115,786)		(500,538)		(4,527,261)
Change in assets and liabilities:
Other Assets	(150,458)		(7,856)		(199,498)
Accounts payable and accrued liabilities, increase decrease	(20,971)		(76,594)		369,103
Deferred revenue, increase decrease					1,000,000
License fee payable, increase decrease	(574,211)		(323,444)		(2,500,000)
Net cash used in operating activities	(1,861,426)		(908,432)		(5,857,656)
Cash Flows from Investing Activities
Undistributed loss on joint venture		[1]		[1]	(1,000,000)	[1]
Purchases of property and equipment	(13,011)		(14,619)		(128,747)
Net cash used in investing activities	(13,011)		(14,619)		(1,128,747)
Cash Flows From Financing Activities
Issuance of common stock			1,279,088		6,568,114
Due to related parties, increase decrease	(179,399)		(174,146)		540,810
Net cash provided by financing activities	(179,399)		1,104,942		7,108,924
Effect of exchange rate on cash	(103,543)		20,653		29,663
Net change in cash	(2,157,379)		202,544		152,184
Cash, Beginning of Year	2,309,563		109,151
Cash, End of Year	152,184		311,695		152,184
Supplemental Disclosures of Cash Flow Information:
Interest paid
Taxes paid

[1] See Note 5