Liability for Minimum Royalties |
12 Months Ended |
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Dec. 31, 2017 | |
Liability for Minimum Royalties [Abstract] | |
LIABILITY FOR MINIMUM ROYALTIES |
NOTE 5 – LIABILITY FOR MINIMUM ROYALTIES
At inception of the Company, the Company entered into a license agreement with B.G. Negev Technologies and Applications Ltd. (a wholly owned subsidiary of Ben Gurion University - Israel) and Mor Research Applications Ltd. (a wholly owned subsidiary of Clalit Medical Services - Israel) (the “Licensors”). According to the license agreement, future royalties would be paid to the Licensors (see also Note 9B). |
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- References No definition available.
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- Definition Tabular disclosure of the liability for minimum royalties. No definition available.
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