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Commitments
6 Months Ended
Jun. 30, 2023
Text block1 [abstract]  
Commitments

Note 19. Commitments

 

As of June 30, 2023

 

Total

 

 

Less than
1 year

 

 

1 - 3
years

 

 

3 - 5
years

 

 

More than
5 years

 

 

 

$ in thousands

 

License and collaboration agreements

 

 

14,605

 

 

 

1,450

 

 

 

2,900

 

 

 

2,900

 

 

 

7,355

 

Clinical & Research and Development agreements

 

 

70

 

 

 

70

 

 

 

 

 

 

 

 

 

 

IT licensing agreements

 

 

525

 

 

 

525

 

 

 

 

 

 

 

 

 

 

Total commitments

 

 

15,200

 

 

 

2,045

 

 

 

2,900

 

 

 

2,900

 

 

 

7,355

 

 

Obligations under the terms of license and collaboration agreements

We have entered into various license agreements with third parties that subject us to certain fixed license fees, as well as fees based on future events, such as research and sales milestones. We also have collaboration agreements whereby we are obligated to pay royalties and milestone payments based on future events that are uncertain and therefore they are not included in the table above.

Obligations under the terms of Clinical & Research agreements

We have entered into clinical and research agreements where we are obligated to pay for services to be provided regarding our research collaboration agreements, clinical trials and translational research projects.

Obligations under the terms of IT licensing agreements

We have entered into an IT licensing agreement and have related obligations to pay licensing fees.