Summary of Significant Accounting Policies (Details Textual) - USD ($) |
1 Months Ended | ||||
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Feb. 21, 2017 |
Jul. 09, 2015 |
Mar. 31, 2018 |
Jan. 02, 2018 |
Dec. 31, 2017 |
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Money Market Funds Fair Value | $ 750,984 | $ 750,965 | |||
Contingent Consideration Funds Fair Value | 1,210,000 | $ 1,210,000 | |||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles | $ 3,912,314 | ||||
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets | $ 9,500,000 | ||||
New Valeant Agreement [Member] | |||||
Revenue Recognition, Milestone Method, Description | the Company is eligible to receive milestone payments totaling up to approximately $99.0 million, upon and subject to the achievement of certain specified developmental and commercial progress of the EGP-437 Product for the New Field. | ||||
Proceeds From Upfront Payment | $ 4,000,000 | $ 1,000,000 | |||
Revenue Recognition Milestone Payments | 3,400,000 | 4,100,000 | |||
Revenue Recognition, Milestone Method, Revenue Recognized | $ 99,000,000 | $ 32,500,000 |
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- Definition These lines are represents the fair value of fund for contingent consideration. No definition available.
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- Definition These lines are represents the fair value of fund for money market. No definition available.
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- Definition This element represents the amount of cash inflow for upfront payment. No definition available.
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- Definition Its represent the amount of revenue recognition milestone payments received. No definition available.
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- Definition The amount of identifiable intangible assets recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of cumulative effect of the change in accounting principle or new accounting pronouncement on retained earnings or other components of equity or net assets in the statement of financial position as of the beginning of the earliest period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition A description of the overall arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of consideration recognized during the period for the milestone or milestones. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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