CONSOLIDATED STATEMENTS OF CASH FLOWS € in Thousands, SFr in Thousands	12 Months Ended
	Dec. 31, 2016 CHF (SFr)	Dec. 31, 2015 CHF (SFr)
Cash Flow from Operating Activities
Net loss	SFr (5,964)	SFr (3,006)
Adjustments to reconcile net loss to net cash provided by operating activities
Impairment of in-process research and development	2,266	0
Depreciation	42	43
Stock compensation expense - options	77	146
Changes in operating assets and liabilities
Receivables	48	60
Accrued interests on notes payable	2,664	2,796
Deferred revenue from grants	67	1,098
Accounts payable	(212)	(393)
Other	25	(14)
Net cash provided by (used in) operating activities	(987)	730
Cash Flows from Investing Activities
Purchase of property and equipment	(3)	(20)
Net cash used in investing activities	(3)	(20)
Cash Flows from Financing Activities
Decrease in notes payable and other short-term advances		0
Net cash used in financing activities		0
Effect on foreign exchange rate on cash	0	57
Net increase in cash	(990)	767
Cash, beginning of period	2,381
Cash, end of period	1,391	2,381
Supplemental Disclosure of Cash Flow Information:
Cash Paid for Interest	SFr 0	76
Supplemental Disclosure of Non-cash Financing Activities:
Issuance of 5,338,809 shares of common stock to settle acquisition-related contingent consideration		SFr 0