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PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)
6 Months Ended
Dec. 31, 2015
Prepaid Expenses And Other Current Assets Tables  
Schedule of prepaid expenses and other current assets
   

December 31,

2015

   

June 30,

2015

 
Clinical study costs   $ 1,369,904     $ 1,641,605  
Deferred financing costs     121,320       72,823  
Other     224,834       182,319  
    $ 1,716,058     $ 1,896,747