Take a look at our previous reports:

14. Intangible Assets Other than Goodwill

Intangible assets other than goodwill

(thousands of €)

Software &
databases

Licenses, rights, technology and in-process R&D

Exclusive rights

Contract costs

Total

Acquisition value

 

 

 

 

 

 

 

 

 

 

 

On January 1, 2023

27,377

44,258

89,720

15,384

176,740

Additions

567

 

 

 

567

Sales and disposals

(930)

(948)

 

 

(1,878)

Translation differences

 

(139)

 

 

(139)

On December 31, 2023

27,014

43,171

89,720

15,384

175,290

Additions

666

 

64,725

 

65,391

Sales and disposals

(1,863)

(3,613)

 

 

(5,476)

Translation differences

 

246

 

 

246

On December 31, 2024

25,817

39,804

154,445

15,384

235,451

 

 

 

 

 

 

Amortization and impairment

 

 

 

 

 

 

 

 

 

 

 

On January 1, 2023

15,210

3,896

6,154

5,126

30,387

Amortization

4,291

1,426

11,637

1,538

18,892

Sales and disposals

(927)

(948)

 

 

(1,875)

Translation differences

 

(20)

 

 

(20)

On December 31, 2023

18,574

4,354

17,791

6,664

47,384

Amortization

4,384

493

22,198

1,538

28,613

Sales and disposals

(1,863)

(3,613)

 

 

(5,476)

Translation differences

 

68

 

 

68

On December 31, 2024

21,095

1,302

39,989

8,202

70,589

 

 

 

 

 

 

Carrying amount

 

 

 

 

 

 

 

 

 

 

 

On December 31, 2023

8,440

38,817

71,929

8,720

127,906

On December 31, 2024

4,722

38,502

114,456

7,182

164,862

Through the acquisition of CellPoint and AboundBio in June 2022, we acquired in-process research and development related to two CAR-T product candidates (€28.2 million on December 31, 2024, and on December 31, 2023) , exclusive rights and technology, being a fully human therapeutics platform. These exclusive rights refer to our exclusivity contract with Lonza (€60.3 million on December 31, 2024, €71.9 million on December 31, 2023) and are depreciated until the beginning of March 2030, in accordance with the contract.

The addition in exclusive rights in 2024 refers to the upfront exclusivity consideration paid to Adaptimmune of $70.0 million, which is amortized over the expected exclusivity period until the end of 2027.

On December 31, 2024, our statement of financial position did not hold any internally generated assets capitalized as intangible asset.

CAR-T
Chimeric antigen receptor T cells (also known as CAR-T cells) are T cells that have been genetically engineered to produce an artificial T cell receptor for use in immunotherapy
Product candidate
Substance that has satisfied the requirements of early preclinical testing and has been selected for development, starting with formal preclinical safety evaluation followed by clinical testing for the treatment of a certain disorder in humans