Dec 20 (Reuters) - Vaxcyte Inc PCVX.O :
* SUTRO BIOPHARMA AND VAXCYTE ENTER INTO OPTION GRANT
AGREEMENT
FOR THE DEVELOPMENT AND MANUFACTURING RIGHTS OF CELL-FREE
EXTRACT
* SUTRO BIOPHARMA- TO RECEIVE $22.5 MILLION IN UPFRONT
PAYMENTS &
IS ELIGIBLE FOR UP TO ADDITIONAL $135 MILLION PENDING OPTION
EXERCISE & FROM OTHER MILESTONES
* SUTRO BIOPHARMA- NEW AGREEMENT PROVIDES VAXCYTE ACCESS TO
EXPANDED RIGHTS TO DEVELOP, MANUFACTURE CELL-FREE EXTRACT
Source text for Eikon: ID:nGNX8pw9MZ
Further company coverage: PCVX.O
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