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Segment Information (Tables)
12 Months Ended
Dec. 31, 2023
Segment Information [Abstract]  
Schedule of Operating Segments
For the year ended December 31, 2023
Wholly-Owned Programs
$
Controlled Founded Entities
$
Parent Company &
Other
$
Consolidated
$
Contract revenue 750  750 
Grant revenue853  1,727 2,580 
Total revenue853 750 1,727 3,330 
General and administrative expenses(14,020)(562)(38,713)(53,295)
Research and development expenses(89,495)(672)(6,068)(96,235)
Total operating expense(103,516)(1,233)(44,781)(149,530)
Operating income/(loss)(102,662)(483)(43,054)(146,199)
Income/expenses not allocated to segments
Other income/(expense):
Gain on deconsolidation of subsidiary61,787 
Gain/(loss) on investment held at fair value77,945 
Realized loss on sale of investments(122)
Gain/(loss) on investment in notes from associates(27,630)
Other income/(expense)(908)
Total other income/(expense)111,072 
Net finance income/(costs)5,078 
Share of net income/(loss) of associates accounted for using the equity method(6,055)
Income/(loss) before taxes(36,103)
As of December 31, 2023
Available Funds
Cash and cash equivalents2,140 675 188,266 191,081 
Short-term Investments  136,062 136,062 
Consolidated cash, cash equivalents and short-term investments2,140 675 324,328 327,143 

For the year ended December 31, 2022
Wholly-Owned Programs
$
Controlled Founded Entities
$
Parent
Company &
Other
$
Consolidated
$
Contract revenue— 1,500 590 2,090 
Grant revenue2,826 — 10,702 13,528 
Total revenue2,826 1,500 11,292 15,618 
General and administrative expenses(8,301)(419)(52,272)(60,991)
Research and development expenses(116,054)(1,051)(35,328)(152,433)
Total Operating expenses(124,355)(1,470)(87,600)(213,425)
Operating income/(loss)
(121,529)30 (76,308)(197,807)
Income/expenses not allocated to segments
Other income/(expense):
Gain on deconsolidation27,251 
Gain/(loss) on investment held at fair value(32,060)
Realized loss on sale of investments(29,303)
Other income/(expense)8,131 
Total other income/(expense)(25,981)
Net finance income/(costs)138,924 
Share of net income/(loss) of associate accounted for using the equity method(27,749)
Gain on dilution of ownership interest in associate28,220 
Impairment of investment in associates
(8,390)
Income/(loss) before taxes (92,783)
As of December 31, 2022
Available Funds
Cash and cash equivalents7,306 823 141,737 149,866 
Short-term Investments— — 200,229 200,229 
Consolidated cash, cash equivalents and short-term investments7,306 823 341,966 350,095 
For the year ended December 31, 2021
Wholly-Owned Programs
$
Controlled Founded Entities
$
Parent
Company &
Other
$
Consolidated
$
Contract revenue8,129 1,500 350 9,979 
Grant revenue1,253 — 6,156 7,409 
Total revenue9,382 1,500 6,506 17,388 
General and administrative expenses(8,673)(365)(48,161)(57,199)
Research and development expenses(65,444)(918)(44,108)(110,471)
Total operating expense(74,118)(1,284)(92,269)(167,671)
Operating income/(loss)
(64,736)216 (85,763)(150,282)
Income/expenses not allocated to segments
Other income/(expense):
Gain/(loss) on investment held at fair value179,316 
Realized loss on sale of investments(20,925)
Other income/(expense)1,592 
Other income/(expense)159,983 
Net finance income/(costs)5,050 
Share of net income/(loss) of associate accounted for using the equity method(73,703)
Income/(loss) before taxes(58,953)