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Other Income
9 Months Ended
Sep. 30, 2024
Other Income  
Other Income

15. Other Income

Nine month period

ended September 30, 

    

2024

2023

€1.000

€1.000

Grant income

504

76

Other income

4

504

80

In January, 2024, the Company entered into an agreement with the Rett Syndrome Research Trust (“RSRT”) that focuses on the design and development of editing oligonucleotides (“EONs”) using the Company’s Axiomer technology platform targeting the transcription factor Methyl CpG binding protein 2 (“MECP2”) and correcting mutations of interest. Under the agreement, RSRT awarded the Company up to € 1,015,000 as a research grant for the initial phase of the project.

Grants are recognized in other income in the same period in which the related R&D costs are recognized.