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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2013
Summary Of Significant Accounting Policies Tables  
Depreciation and Amortization

The Company provides for depreciation and amortization by charges to operations for the cost of assets using the straight-line method based on the estimated useful lives of the related assets, as follows:

 

Asset Classification Estimated Useful Life
Computer equipment                                                                                                 3 years
Office and laboratory equipment                                                                                                 3-5 years
Furniture and fixtures                                                                                                 7 years
Manufacturing equipment                                                                                                 5 years
Leasehold improvements                                                                                                 Life of lease