Note 6 - Intangible Assets

12 Months Ended

Dec. 31, 2013

Disclosure Text Block [Abstract]

Intangible Assets Disclosure [Text Block]

6.   Intangible Assets

The value of the Company’s intangible assets is summarized below:

	iCo			Yissum			Kadouche			Mablife			Total
Balance, December 31, 2011		2,421,609			659,623			661,286			-			3,742,518
Additions		-			-			-			435,775			435,775
Amortization		(167,244	)		(46,247	)		(46,687	)		(22,127	)		(282,305	)
Balance, December 31, 2012	$	2,254,365		$	613,376		$	614,599		$	413,648		$	3,895,988
Additions		-			-			-			-			-
Amortization		(167,245	)		(46,247	)		(46,687	)		(29,051	)		(289,230	)
Balance, December 31, 2013	$	2,087,120		$	567,129		$	567,912		$	384,597		$	3,606,758

The intangibles above were determined by management to have a 15 year useful life. Amortization expense amounted to approximately $0.3 million for each of the years ended December 31, 2013 and 2012 and approximately $0.7 million for the cumulative period from July 11, 2010 (Date of Inception) through December 31, 2013.