OWC Pharmaceutical Research Corp (OWCP)

[Snizzle]

And......what were you saying about the R&D expenses? Why was the R&D expenses decreased?



Our research and development expenses decreased to $30,363 during the three months ended September 30, 2016, compared to $96,834 during the same period in the prior year. The decrease by $66,471 or 69% was primarily due to decreased payments related to our collaboration agreements.