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OTHER CURRENT AND NON-CURRENT ASSETS
12 Months Ended
Dec. 31, 2012
OTHER CURRENT AND NON-CURRENT ASSETS  
OTHER CURRENT AND NON-CURRENT ASSETS

8. OTHER CURRENT AND NON-CURRENT ASSETS

        The Company has entered into contracts with contract research organizations for the purpose of conducting human clinical research trials and has advanced funds to contract research organizations to partially offset future service costs and expenses under these contracts. As of December 31, 2012, such advances classified as other current assets aggregated $852,555. As of December 31, 2011, such advances classified as non-current assets aggregated $1,497,000 and such advances classified as other current assets aggregated $852,000.