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CSL Behring collaboration
3 Months Ended
Mar. 31, 2024
CSL Behring collaboration  
CSL Behring collaboration

3

CSL Behring collaboration

On June 24, 2020, uniQure biopharma B.V. entered into a commercialization and license agreement with CSL Behring (the “CSL Behring Agreement”), pursuant to which CSL Behring received exclusive global rights to HEMGENIX®.

The transaction became fully effective on May 6, 2021.

License revenue

The Company recognized $1.2 million of royalty revenue in the three months ended March 31, 2024, compared to nil in the three months ended March 31, 2023. Royalties on the sale of HEMGENIX® are recorded once earned and are presented as license revenue.

Accounts receivable and contract asset

As of December 31, 2023, the Company recorded accounts receivable of $4.0 million from CSL Behring related to collaboration services, contract manufacturing revenue and royalty revenue.

As of March 31, 2024, the Company had accounts receivable of $10.6 million from CSL Behring related to collaboration services, contract manufacturing revenue and royalty revenue.