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Research and Development Expenses
12 Months Ended
Mar. 31, 2016
Research and Development [Abstract]  
Research and Development Expenses

10.  Research and Development Expenses 

The Company recorded research and development expenses of approximately $3.9 million and $2.4 million in the fiscal years ended March 31, 2016 and 2015, respectively. Research and development expense is composed primarily of employee compensation expenses, including stock–based compensation, direct project expenses, and costs to maintain and prosecute our intellectual property suite, including new patent applications for AV-101 for various indications.