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SUBSEQUENT EVENT
6 Months Ended
Jun. 30, 2011
SUBSEQUENT EVENT  
SUBSEQUENT EVENT
NOTE P - SUBSEQUENT EVENTS

On August 1, 2011, the Company entered into an agreement to acquire a 16% minority ownership in Aciex Therapeutics Inc. (“Aciex”), based in Westborough, MA, for $8,000,000 in cash.  Aciex is an ophthalmic drug development company with a focus on developing novel therapeutics to treat ocular diseases. Aciex's pipeline consists of both clinical stage assets and pre-Investigational New Drug stage assets. In addition, the Company signed a global licensing agreement for a novel over-the-counter eye care product and manufacturing agreement for one of Aciex's lead prescription ophthalmic pipeline products.