Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2012

RELATED PARTY TRANSACTION [Abstract]

Schedule of related party transactions

The table below presents the transactions between the Company and Watson.

	Six Months Ended June 30,				Three Months Ended June 30,
	2012		2011		2012		2011
REVENUES
Net product revenues	$	2,163,183	$	938,340	$	1,922,782	$	511,560
Royalties	1,327,558		1,142,818		727,558		602,818
Amortization of deferred revenue	—		16,984,800		—		8,590,874
Milestone payment	—		5,000,000		—		5,000,000
Total net revenues	$	3,490,741	$	24,065,958	$	2,650,340	$	14,705,252
COST OF PRODUCT REVENUES
Cost of product revenues	1,966,333		817,488		1,747,809		429,355
Gross profit	$	1,524,408	$	23,248,470	$	902,531	$	14,275,897
Accounts receivable	$	1,862,967	$	6,540,972
Accounts payable	$	43,504	$	503,763