RELATED PARTY TRANSACTIONS
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3 Months Ended | ||||
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Mar. 31, 2015
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Related Party Transactions [Abstract] | |||||
Related Party Transactions Disclosure [Text Block] |
The Company’s Chief Scientific Officer and principal founder of Cellectar, who is a director and shareholder of the Company, is a faculty member at the University of Wisconsin-Madison (“UW”). During the three months ended March 31, 2015, the Company was invoiced $285,185 by UW, of which $262,968 has been paid, for costs associated with clinical trial agreements. |
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- Details
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- Definition
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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