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Subsequent Events (Tables)
9 Months Ended
Sep. 30, 2022
Subsequent Events [Abstract]  
Schedule of remaining potential milestone payments

Under the terms of the GSK License Agreement, the Company is entitled to receive an upfront payment of $66.0 million for GSK to secure rights to the medicine. Remaining potential payments are milestone and royalty based, and are as follows (in millions):

 

Event

 

Milestone payments (up to)

Delivery of Phase 3 program

 

$150.0

Total commercial milestone payments based on first sale (US/EU)

 

$150.0

Total potential sales milestone payments

 

$225.0

Royalties

 

Low-single digit to low-double digit (if sales exceed $1.0 billion) tiered royalties on net product sales.