Commitments

12 Months Ended

Dec. 31, 2011

Contractual Commitments [Abstract]

Commitments

15.   Commitments

Contractual Arrangements

The Company has entered into operating lease agreements for facility space and equipment, and employment agreements with our Vice President of Sales for Europe, Middle East and Africa and for some key employees acquired with Surgical Biologics. In addition, the Company has minimum royalty payments due in conjunction with one of its licenses.

The estimated annual lease, royalty, and employment agreement expenses are as follows:

12-month period ended December 31,
2012	$	1,009,178
2013		383,802
2014		132,190
2015		-
2016		-
	$	1,525,170

Rent expense on all operating leases for the years ended December 31, 2011 and 2010, respectively, was approximately $533,000 and $288,000.