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Intangible assets, net and Goodwill
12 Months Ended
Dec. 31, 2022
Intangible assets, net and Goodwill  
Intangible assets, net and Goodwill

10.            Intangible assets, net and Goodwill

The following table presents the Company’s acquired licenses and acquired IPR&D as of December 31:

    

December 31, 

    

December 31, 

2022

2021

(in thousands)

Acquired licenses

$

2,346

$

4,755

Less accumulated amortization

(900)

(2,827)

Acquired licenses, net

$

1,446

$

1,928

Acquired IPR&D Intangible Asset

 

57,332

 

60,758

Intangibles, net

$

58,778

$

62,686

a.Acquired licenses

All acquired licenses are owned by uniQure biopharma B.V, a subsidiary of the Company. The remaining  weighted average life is 11.5 years as of December 31, 2022. (December 31 , 2021 10.8 years.)

As of December 31, 2022, the estimated future amortization expense for each of the five succeeding years and the period thereafter is as follows:

Years

    

Amount

(in thousands)

2023

$

126

2024

 

126

2025

 

126

2026

 

126

2027

 

126

Thereafter

 

816

Total

$

1,446

The amortization expense related to licenses for the year ended December 31, 2022 was $0.4 million (December 31, 2021: $1.2 million; December 31, 2020: $4.6 million). In 2020, the Company disposed of a number of licenses determined to have no alternative future use. The impairment expense related to licenses for the year ended December 31, 2022 was $0.0 million (December 31, 2021: $0.0 million; December 31, 2020 $0.3 million).

b.Acquired in-process research and development

As part of its acquisition of Corlieve as of July 30, 2021, the Company identified certain intangible assets related to an IPR&D Intangible Asset. Refer to Note 3 “Corlieve transaction”.

c.Goodwill

As part of its acquisition of Corlieve as of July 30, 2021, the Company recorded goodwill. Refer to Note 3 “Corlieve transaction”.