As of June 30, 2013, Fraunhofer continued to be the Company’s most significant vendor. The Company has previously disclosed that Fraunhofer was considered a related party from February 2010 through February 2012 as a result of a Fraunhofer executive serving as iBio’s Chief Scientific Officer during such time. See Note 15 – Related Party Transactions for additional information. The accounts payable balance includes amounts due to Fraunhofer of approximately $2.2 million and $2.5 million as of June 30, 2013 and 2012, respectively. In addition, the accrued expenses balance includes amounts due to Fraunhofer of approximately $1.7 million and $0.1 million as of June 30, 2013 and 2012, respectively. Research and development expenses related to Fraunhofer were approximately $2.7 million and $4.2 million for the years ended June 30, 2013 and 2012, respectively. In addition, the Company is charged interest by Fraunhofer on certain outstanding balances at the rate of prime plus 2%. Interest expenses related to Fraunhofer were approximately $88,000 and $62,000 for the years ended June 30, 2013 and 2012, respectively. See Note 16 – Commitments and Contingencies and Note 17 – Subsequent Events for additional information.