Quarterly report pursuant to Section 13 or 15(d)

Inventory, net (Tables)

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Inventory, net (Tables)
6 Months Ended
Jun. 30, 2012
Components of Net Inventory

The components of net inventory as of June 30, 2012 and December 31, 2011, net of reserves of $339,000 and $0, respectively, are as follows:

 

    June 30,
2012
(unaudited)
    December 31,
2011
 
Pharmaceutical materials   $ 746,000     $ 482,000  
Pharmaceutical work-in-process     172,500       339,549  
Total   $ 918,500     $ 821,549