Quarterly report pursuant to Section 13 or 15(d)

Inventory (Tables)

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Inventory (Tables)
3 Months Ended
Mar. 31, 2013
Inventory [Abstract]  
Schedule of Inventory

The components of inventory as of March 31, 2013 and December 31, 2012, net of reserves of $308,000, are as follows:

 

    March 31,
2013
(unaudited)
    December 31,
2012
 
Pharmaceutical materials   $ 419,953     $ 297,500  
Pharmaceutical work-in-process     447,314       -  
Total   $ 867,267     $ 297,500