INTELLECTUAL PROPERTY/ LICENSING RIGHTS (Details Narrative) - USD ($) |
1 Months Ended | 12 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|---|
Oct. 01, 2015 |
Jul. 28, 2016 |
Mar. 31, 2016 |
Jan. 26, 2016 |
Jun. 30, 2015 |
Oct. 28, 2010 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2013 |
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| Onetime license fee | 7.50% | ||||||||
| Common shares outstanding | 5,672,250 | 181,804,501 | 164,144,501 | ||||||
| Market value | $ 0.70 | ||||||||
| License cost | $ 3,970,575 | $ 2,750,000 | |||||||
| Fees payable for each prescription | $ 600 | ||||||||
| Estimated useful life | 30 years | ||||||||
| Amortization | 25,918 | $ 66,176 | |||||||
| Aggregate purchase price | 1,132,000 | ||||||||
| Termination of licensing agreement | $ 132,804 | 132,804 | $ 3,639,694 | ||||||
| Description for right to purchase perpetual rights |
North America with the option for Central and South America for Naltrexone Implants formulas created by the Seller for 24 months upon receipt of the intellectual property for a fee of $55,648. The Company, within the first 12 months has the right to purchase perpetual rights for above territories for a one-time fee, financed over 5 years. The rights are amortized over the 24 month contract life |
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| Naltrexone Implant Formulation [Member] | |||||||||
| Common shares outstanding | 3,000,000 | ||||||||
| Market value | $ 0.044 | ||||||||
| Estimated useful life | 10 years | ||||||||
| Aggregate purchase price | $ 1,132,000 | ||||||||
| Purchase obligation to pay | $ 1,000,000 | ||||||||
| Acquired rights, title and interest payment period | 14 months | ||||||||
| Therakine, Ltd. [Member] | |||||||||
| License cost | $ 2,750,000 | ||||||||
| Aggregate purchase price | $ 250,000 | 250,000 | |||||||
| Escrow deposit | $ 75,000 | ||||||||
| Therakine, Ltd. [Member] | Minimum [Member] | |||||||||
| Sales of products | 5.00% | ||||||||
| Therakine, Ltd. [Member] | Maximum [Member] | |||||||||
| Sales of products | 12.00% | ||||||||
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- Definition Costs incurred and are directly related to generating license revenue. Licensing arrangements include, but are not limited to, rights to use a patent, copyright, technology, manufacturing process, software or trademark. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
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