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LICENSED TECHNOLOGY
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2014
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| LICENSED TECHNOLOGY [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| LICENSED TECHNOLOGY |
NOTE 4 – LICENSED TECHNOLOGY
On September 22, 2014, we entered into an exclusive, worldwide, licensing agreement with Licensor to obtain rights to utilize and to sub-license to other pharmaceuticals firms, its patented methods for the extraction of therapeutic biologics from human plasma. Licensed technology consists of the following:
Amortization on licensed technology was $9,000 and $0 for the years ended December 31, 2014 and 2013, respectively. The aggregate estimated amortization expense for intangible assets remaining as of December 31, 2014 is as follows:
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