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Consolidated Statements of Operations (USD $)
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Product sales, net $ 4,677 $ 5,563
Product royalties-related party, net 10,272  
Total Revenues 14,949 5,563
COST OF SALES 3,337 6,601
GROSS MARGIN 11,612 (1,038)
Research and development 104,413 313,671
Depreciation and amortization 692 1,227
Professional fees 3,159,015 935,912
General and administrative 458,136 492,815
Total Operating Expenses 3,722,256 1,743,625
OPERATING LOSS (3,710,644) (1,744,663)
Patent licensing income 138,577 136,128
Gain on settlement of debt 27,422  
Loss on equity investment   (8,508)
Interest expense (225)  
Other income   12,420
Total Other Income (Expense) 165,774 140,040
Loss before income taxes and noncontrolling interest (3,544,870) (1,604,623)
NET INCOME (LOSS) (3,544,870) (1,604,623)
Less: Net loss attributable to noncontrolling interest (53,191) (77,205)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS (3,491,679) (1,527,418)
Foreign currency translation adjustments (17,580) 131,198
Total Other Comprehensive Income (Loss) (17,580) 131,198
COMPREHENSIVE LOSS $ (3,562,450) $ (1,473,425)
BASIC AND DILUTED LOSS PER SHARE $ 0 $ 0
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING 116,691,252 93,923,235