Subsequent events

3 Months Ended

Mar. 31, 2014

Subsequent Events [Abstract]

Subsequent events

11. Subsequent events:

On April 3, 2014, the Company announced the enrollment of the first patient in the RHAPSODY Study, a Phase 3 clinical trial of the Company’s Clonidine Topical Gel product for the treatment of painful diabetic neuropathy.

On May 6, 2014, the Company announced the randomization of more than half of the planned number of patients required for its ongoing initial Phase 3 study of Clonidine Topical Gel, the Company’s proposed treatment for painful diabetic neuropathy (PDN). An interim analysis of the study, which will be based on the first 50% of patients entering the study, is now anticipated to occur in the third quarter of 2014.