Asset Acquisition (Tables)

6 Months Ended

Jun. 30, 2023

Asset Acquisition [Line Items]

Schedule of Asset Acquisition Cost

The Asset Acquisition cost are shown on the following table (in millions):

	June 22,
	2023
Consideration transferred in Series A Preferred Stock and common stock	$	110.0
Transaction costs incurred by Aeglea		3.2
Fair value of Parapyre Option Obligation assumed by Aeglea		0.1
Total cost to acquire asset	$	113.3

The allocation of the purchase price to net assets acquired is as a follows:

	June 22,
	2023
Acquired in-process research and development	$	130.5
Cash acquired		3.0
Assumed liabilities		(20.2	)
Total cost to acquire asset	$	113.3