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;))