Annual report pursuant to Section 13 and 15(d)

Research and License Agreements

v2.4.1.9
Research and License Agreements
12 Months Ended
Dec. 31, 2014
Research And License Agreements [Abstract]  
Research And License Agreements [Text Block]
3. Research and License Agreements
 
We have entered into various agreements with research institutions, universities, clinical research organizations and other entities for the performance of research and development activities and for the acquisition of licenses related to those activities. Expenses under these agreements totaled approximately $3,000 in the years ended December 31, 2014, 2013 and 2012.
 
We have no annual payment requirements to maintain our current licenses after 2015. Certain licenses provide for the payment of royalties by us on future product sales, if any. In addition, in order to maintain these licenses and other rights during product development, we must comply with various conditions including the payment of patent-related costs.