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Warrants and Share-based Payment (Tables)
 6 Months Ended
Jun. 30, 2019
Statement [LineItems]  
Summary of Warrant Compensation Cost

Warrant compensation costs are determined with basis in the grant date fair value of the warrants granted and recognized over the vesting period.

 

     Three Months Ended
June 30,		      Six Months Ended
June 30,		  
     2019      2018      2019      2018  
     (EUR’000)      (EUR’000)  

Research and development costs

      5,244        1,964        10,179        4,349  

General and administrative expenses

      3,451        2,258        7,951        4,552  
  

 

 

     

 

 

     

 

 

     

 

 

  

Total warrant compensation costs

      8,695        4,222        18,130        8,901  
  

 

 

     

 

 

     

 

 

     

 

 

  
Warrants [member]  
Statement [LineItems]  
Summary of Warrant Activity

The following table specifies the warrant activity during the six months ended June 30, 2019:

 

     Total
Warrants		      Weighted
Average
Exercise
Price
EUR		  

Outstanding at January 1, 2019

      5,611,629        29.03  
  

 

 

     

 

 

  

Granted during the period

      226,500        95.34  

Exercised during the period

      (618,089 )       15.08  

Forfeited during the period

      (20,863 )       44.38  

Expired during the period

      —          —    
  

 

 

     

 

 

  

Outstanding at June 30, 2019

      5,199,177        33.52  
  

 

 

     

 

 

  

Vested at the balance sheet date

      2,482,458        20.46