Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

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Related Party Transactions
3 Months Ended
Mar. 31, 2014
Related Party Transactions [Abstract]  
Related Party Transactions

8. Related Party Transactions

During the three months ended March 31, 2014 and 2013, we paid $540,025 and $425,463, respectively, to Intrexon Corporation (Intrexon) under the Exclusive Channel Collaboration Agreements (ECC Agreements) (See Note 7). Included in accounts payable and accrued expenses of March 31, 2014 and 2013 was $316,353 and $223,851, respectively, related to unpaid invoices received from Intrexon relating to work performed under the ECC Agreements. As of March 31, 2014 and 2013 Intrexon owned approximately 24% and 16%, respectively, of our outstanding common stock.