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Consolidated Statement of Profit or Loss - EUR (€)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Profit or loss [abstract]      
Product Sales € 85,036,809 € 84,899,483 € 66,860,637
Royalties 116,385,912 99,870,756 65,576,120
Licenses, Milestones and Other 36,855,592 93,496,764 47,175,087
Revenues 238,278,313 278,267,003 179,611,844
Cost of Sales (58,354,035) (48,619,885) (32,194,705)
Gross Profit 179,924,278 229,647,118 147,417,139
Operating Expenses      
Research and Development (283,614,139) (297,812,160) (225,211,206)
Selling (81,369,377) (92,402,354) (121,542,621)
General and Administrative (65,797,331) (60,143,637) (78,292,297)
Impairment of Goodwill (1,619,233) 0 (230,714,620)
Total Operating Expenses (432,400,080) (450,358,151) (655,760,744)
Operating Profit / (Loss) (252,475,802) (220,711,033) (508,343,605)
Other Income 4,967,871 11,964,616 8,189,829
Other Expenses (7,092,650) (15,584,261) (6,368,762)
Finance Income 213,362,823 412,065,798 96,612,146
Finance Expenses (141,978,551) (165,897,761) (181,456,484)
Income from Reversals of Impairment Losses / (Impairment Losses) on Financial Assets 468,180 (12,000) 316,000
Share of Loss of Associates accounted for using the Equity Method (8,174,607) (4,305,026) 0
Income Tax Benefit / (Expenses) 1,188,537 (168,578,523) 76,590,860
Consolidated Net Profit / (Loss) € (189,734,199) € (151,058,190) € (514,460,016)
Earnings per share, basic (in eur per share) € (5.53) € (4.42) € (15.40)
Earnings per share, diluted (in eur per share) € (5.53) € (4.42) € (15.40)
Shares used in computing earnings per share, basic (in shares) 34,312,744 34,155,650 33,401,069
Shares used in computing earnings per share, diluted (in shares) 34,312,744 34,155,650 33,401,069