SUBSEQUENT EVENTS

3 Months Ended

Mar. 31, 2013

SUBSEQUENT EVENTS [Abstract]

SUBSEQUENT EVENTS

NOTE 20.            SUBSEQUENT EVENTS

Pursuant to the terms of five stock subscription agreements dated April 15, 2013, we will issue an aggregate of 273,750 shares of our common stock, par value $0.001 per share, related to an aggregate payment of $91,250 for consulting services provided by each of Michael J. Bakes, William E. Bowditch, Paul Sood, and Ric Zarzycki and as partial payment of temporarily deferred compensation by Daniel G. Moro, the Company's Vice President – Polymer Drug Delivery (the "April 2013 Offering").  Refer to Part II, Item 2 "Unregistered Sales of Equity Securities and Use of Proceeds" herein for additional information of the April 2013 Offering.