For the three months ended June 30,

For the six months ended June 30,

2024

2023

2024

2023

€

Clinical expenses

(15,065,644

)

(7,629,432

)

(22,387,056

)

(12,497,879

)

Personnel expenses (Note 5)

(6,450,500

)

(4,544,244

)

(11,630,976

)

(8,761,944

)

Manufacturing costs

(1,572,017

)

(736,427

)

(4,135,971

)

(2,643,513

)

Nonclinical expenses

130,020

(1,667,811

)

(1,705,446

)

(4,419,009

)

License costs

—

—

(1,500,000

)

—

Intellectual Property costs

(109,793

)

(104,021

)

(221,501

)

(104,021

)

(23,067,934

)

(14,681,935

)

(41,580,950

)

(28,426,366

)