RELATED PARTY TRANSACTIONS

3 Months Ended

Mar. 31, 2020

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS

NOTE 9—RELATED PARTY TRANSACTIONS

MSK is a shareholder of the Company. Under the MSK License Agreement, the CD33 License Agreement, CTA, CFAs, SRA and MDSA, we have expensed costs in the total amount of $1,049,000 and $1,723,000 in the three months ended March 31, 2020 and 2019, respectively, for milestones, minimum royalties, and research and development costs. Please refer to Note 6 for additional details on our agreements with MSK. As of March 31, 2020 and December 31, 2019, we had a total of $3,711,000 and $4,171,000, respectively, recorded as accounts payable and accrued liabilities related to amounts due to MSK.