Note 9 - Related Party Transactions |
3 Months Ended | ||
---|---|---|---|
Mar. 31, 2018 | |||
Notes to Financial Statements | |||
Related Party Transactions Disclosure [Text Block] |
The Company uses Moores Cancer Center at the University of California San Diego (UCSD) to provide pharmacology lab services to the Company. Dr. Stephen Howell is the Acting Chief Medical Officer of Aptose and is also a Professor of Medicine at UCSD and oversees the laboratory work. The work is completed under the terms of research services agreements executed in March 2015 and has been extended annually. In March 2018, the Board approved an extension of this agreement for twelve months for services up to $300,000. These transactions are in the normal course of business and are measured at the amount of consideration established and agreed to by the related parties.During the
three months ended March
31, 2018, the Company recorded $61 thousand (2017 – $63 thousand) in research and development expenses related to the agreement. |