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Related Party Transactions
 12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Related Party Transactions

15.

Related Party Transactions

 

F351 Transfer Agreement

 

Pursuant to the F351 Transfer Agreement (see Note 13), as part of the consideration, BC paid $2.6 million and $8.9 million to GNI during the years ended December 31, 2021 and December 31, 2020, respectively.

Research and development with GNI

 

No research and development fees were paid to GNI during the year ended December 31, 2023. During the year ended December 31, 2022, the Company paid $0.2 million as research and development fees to GNI.

As of December 31, 2023 and 2022, the Company had a $1.4 million and $0.1 million related parties payable due to GNI, respectively.

 

Other receivables from GNI

 

As of December 31, 2023, the Company had recorded $1.3 million in other receivables from GNI, of which $0.8 million was from CPI’s restructuring transaction (see Note 8) and $0.5 million was from Gyre’s cost sharing with GNI. No amounts were due from GNI as of December 31, 2022.