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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (96,629) $ (25,550)
Adjustments to reconcile net income to net cash used in operating activities:    
Foreign exchange loss/(gain) 194 (1,672)
Other non-cash items 285 88
Accretion of redemption premium on debt 120 51
Loss on extinguishment of debt 3,653 0
Share-based compensation 19,852 9,364
Depreciation 533 314
Changes in operating assets and liabilities:    
Prepaid expenses (1,816) 1,605
Tax incentive receivable 7,201 (380)
Other current assets 35 (2,016)
Accounts payable 756 (417)
Accrued expenses 11,617 (6,285)
License agreement obligations 21,322 0
Operating lease liabilities (365) (305)
Income taxes 1,765 (939)
Other current liabilities 765 (951)
Net cash used in operating activities (30,712) (27,093)
Cash flows from investing activities:    
Purchases of furniture and equipment 45 0
Net cash used in investing activities (45) 0
Cash flows from financing activities:    
Proceeds from issuance of stock 0 56,909
Proceeds from Term Loans 122,500 9,996
Proceeds From Revenue Interest Purchase And Sale Agreement ("RIPSA”) 100,000 0
Payment of debt issuance costs (2,303) 0
Repayment of 2023 Term Loans (52,256) 0
Payments of withholding taxes from share-based awards (5,048) 0
Proceeds from exercise of share options 816 1,904
Net cash provided by financing activities 163,709 68,809
Effect of exchange rate changes on cash and cash equivalents (125) 1,184
Net change in cash and cash equivalents 132,827 42,900
Cash and cash equivalents at beginning of the period 271,772 227,827
Cash and cash equivalents at end of the period 404,599 270,727
Supplemental Cash Flow Information [Abstract]    
Income taxes paid 0 1,215
Interest paid $ 2,021 $ 685