Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2015

Commitments and Contingencies Disclosure [Abstract]

Schedule of Principal Cash Obligations and Commitments

The following table sets forth the Company’s principal cash obligations and commitments for the next five fiscal years as of December 31, aggregating $3,641,259.

			Payments Due By Year
	Total		2016		2017		2018		2019		2020
Research and development contracts	$	157,041	$	157,041	$	-	$	-	$	-	$	-
Clinical trial agreements		558,268		558,268		-		-		-		-
License agreements		500,000		100,000		100,000		100,000		100,000		100,000
Employment and consulting agreements*		2,425,950		1,106,100		754,200		565,650		-		-
Total	$	3,641,259	$	1,921,409	$	854,200	$	665,650	$	100,000	$	100,000

*The payment of such amounts is subject to the Company reaching certain financing milestones, as described above.