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Related Party Transactions
 6 Months Ended
Jun. 30, 2024
Related Party Transactions [Abstract]  
Related Party Transactions

14.

Related Party Transactions

 

Research and Development with GNI

 

Research and development fees paid to GNI during three and six months ended June 30, 2024 were $0.1 million. No research and development fees were paid to GNI during the three and six months ended June 30, 2023. As of June 30, 2024 and December 31, 2023, the Company had $1.5 million and $1.4 million related parties payable due to GNI.

 

Other Receivables from GNI

 

As of June 30, 2024 and 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 – Restructuring in the Annual Report) and $0.5 million was from Gyre’s cost sharing with GNI.