PREPAID EXPENSES

3 Months Ended

Mar. 31, 2019

Prepaid Expenses Disclosures [Abstract]

Prepaid Expenses Disclosures [Text Block]

NOTE 5 - PREPAID EXPENSES

In November 2017 the Company has contracted with City of Hope's Center for Biomedicine and Genetics ("COH") to produce clinical supplies of NurOwn® adult stem cells for the Company’s ongoing Phase 3 clinical study. In 2017 the Company has paid COH $2,665 advance payment. The advance was recorded as prepaid expense and is amortized over the term of the agreement. As of December 31, 2018, $1,103 and $276 were recorded as current and long-term prepaid expense, respectively. As of March 31, 2019, $1,103 were recorded as current prepaid expense.