BUSINESS ACQUISITIONS (Tables 2)

6 Months Ended

12 Months Ended

Jun. 30, 2015

Dec. 31, 2014

Schedule of Business Acquisitions and purchase price

Fair value of common stock issued to Semprae shareholders, net of shares to be returned from escrow	$	900,909
Fair value of royalty		308,273
Net purchase price consideration	$	1,209,182

Schedule of Assets Acquired and Liabilities Assumed

Cash	$	3,749
Accounts receivable		78,445
Inventory		180,441
Prepaid expenses		16,362
Property and equipment		78,973
Customer contracts		611,119
Patents		99,894
Trademarks		160,278
Goodwill		429,225
Accounts Payable		(105,804	)
Debt		(343,500	)
Net Purchase Price Consideration	$	1,209,182

NovalereMember

Schedule of Business Acquisitions and purchase price

The total fair market value of the considerations issued and to be issued for the transaction are as follows:

	Shares		FMV
Closing Consideration Shares		12,947,657	$	2,071,625
ANDA Consideration Shares		12,947,655		1,657,300
Total		25,895,312	$	3,728,925

Based on the assumptions, the fair market value of the Earn Out Payments was determined to be $1,205,000. The preliminary fair values of the future earn out payments was determined by applying the income approach, using several significant unobservable inputs for projected cash flows and a discount rate. These inputs are considered Level 3 inputs under the fair value measurements and disclosure guidance.

The total purchase price is summarized as follows:
Cash Consideration	$	43,124
Common Stock issued at closing		2,071,625
ANDA Consideration Shares		1,657,300
Fair Market Value of Future Earn Out Payments		1,205,000
Total	$	4,977,049

Schedule of Assets Acquired and Liabilities Assumed

Cash	$	43,124
Prepaid expenses and other current assets		25,906
Total Tangible Assets		69,030
Product rights and related Manufacturing agreement		4,681,000
Trademarks		150,000
Total identifiable Intangible Assets		4,831,000
Goodwill		120,143
Total Acquired Assets		5,020,173
Other current liabilities		(43,124	)
Total Assumed Liabilities		(43,124	)
Acquired Assets Net of Assumed Liabilities	$	4,977,049

Schedule of ProForma information

	Six Months Ended June 30, 2015						Six Months Ended June 30, 2014
	As Reported			Pro Form (unaudited)			As Reported			Pro Forma (unaudited)
Revenue	$	380,325		$	380,325		$	279,872		$	289,732
Net Loss	$	(2,366,031	)	$	(2,682,161	)	$	2,525,029		$	(4,139321	)
Loss per Common Share-basic and diluted	$	(0.06	)	$	(0.07	)	$	(0.11	)	$	(0.11	)
Shares used in computed net loss per common share		37,909,664			40,413,334			23,191,829			36,139,486