Quarterly report pursuant to Section 13 or 15(d)

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2016
Accounting Policies [Abstract]  
Schedule of property and equipment
    Useful Lives   June 30, 2016     December 31, 2015  
                     
Office furniture and equipment   3 years   $ 323,265     $ 323,265  
Tenant improvements   14 to 39 months     70,592       70,592  
Laboratory and other equipment   5 years     361,710       361,710  
          755,567       755,567  
Less: accumulated depreciation         (413,667 )     (315,952 )
        $ 341,900     $ 439,615