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BRIEF-Dynacure Announces Strategic Collaboration And Option Agreement With Nippon Shinyaku

reuters · Nov 10, 2021 03:06

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;))

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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