Annual report pursuant to section 13 and 15(d)

3. PROPERTY AND EQUIPMENT (Tables)

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3. PROPERTY AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2012
Property And Equipment Tables  
Schedule of property and equipment
Property and equipment consist of the following at December 31:   2012     2011  
Lab and office equipment   $ 523,300     $ 465,778  
Computer software     141,277       141,277  
Leasehold improvements     940,103       940,103  
      1,604,680       1,547,158  
Less: accumulated depreciation and amortization     (825,383 )     (686,226 )
    $ 779,297     $ 860,932