Quarterly report pursuant to Section 13 or 15(d)

Inventory, net (Tables)

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Inventory, net (Tables)
9 Months Ended
Sep. 30, 2012
Inventory, net [Abstract]  
Schedule of Net Inventory

The components of net inventory as of September 30, 2012 and December 31, 2011, net of reserves of $327,000 and $0, respectively, are as follows:

 

    September 30,
2012
(unaudited)
    December 31,
2011
 
Pharmaceutical materials   $ 641,000     $ 482,000  
Pharmaceutical work-in-process     -       339,549  
Total   $ 641,000     $ 821,549