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Other commitments
3 Months Ended
Mar. 31, 2017
Other commitments  
Other commitments

 

13Other commitments

 

The Company’s predecessor entity received a technical development loan from the Dutch government in relation to the development of Glybera. The Company is required to repay the grant through a percentage of revenue derived from product sales of Glybera up to December 31, 2019. Any grant balance remaining at this date will be forgiven. The Company decided not to renew its marketing authorization for Glybera in the European Union, which expires on October 25, 2017. The Company does not expect to derive any revenue from Glybera after that time.