Brief: Dynacure Announces Strategic Collaboration And Option Agreement With Nippon Shinyaku

Nippon Shinyaku

10/11/2021 08:04

Nov 10 (Reuters) - Dynacure Sa  DYCU.O :
    * DYNACURE ANNOUNCES STRATEGIC COLLABORATION AND OPTION
AGREEMENT
WITH NIPPON SHINYAKU
    * NIPPON SHINYAKU SECURES AN EXCLUSIVE OPTION TO ACQUIRE ALL
DEVELOPMENT AND COMMERCIAL RIGHTS TO ADVANCE DYN101
    * DYNACURE WILL RECEIVE AN INITIAL PAYMENT OF $5 MILLION
    * AGREEMENT ALSO INCLUDES OPTION EXERCISE FEE AS WELL AS
CLINICAL,
REGULATORY & COMMERCIAL MILESTONE PAYMENTS OF UP TO $82 MILLION
AT MAXIMUM

Source text for Eikon:  ID:nPn8MGd1ja 
Further company coverage:  DYCU.O 

 ((Reuters.Briefs@thomsonreuters.com;))