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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) (USD $)
In Thousands, unless otherwise specified
4 Months Ended
Dec. 31, 2012
Summary Of Significant Accounting Policies Details Narrative  
Accumulated losses $ 135,938
Receivable included in prepaid expenses as other 48
Loan with HealthCare Royalty Partners Note payable, which consists of the Company’s loan agreement with HealthCare Royalty Partners ("HC Royalty"), as lender, under which it agreed to borrow $50 million in two $25 million tranches (the “HC Royalty Loan”) and it has drawn the first tranche in the amount of $25 million, is stated at the borrowed amount as of December 31, 2012. The loan bears interest at an annual fixed rate of 10.75%.
Impairment losses for long-lived assets 0
Accrued interest and penalties related to uncertain tax positions $ 0