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Stock impact report

Dynavax Technologies: COVID-19 Partnership And Heplisav-B Progress Reveal Signs Of Life [Seeking Alpha]

Dynavax Technologies Corporation (DVAX) 
Last dynavax technologies corporation earnings: 3/11 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.dynavax.com
Company Research Source: Seeking Alpha
SummaryDynavax can only be described as a highly risky investment opportunity owing to the company's very mixed fortunes.In November 2017, at the third attempt, Dynavax secured approval for Heplisav-B, a Hepatitis B vaccine with best-in-class potential. The vaccine made sales of $34.6m in 2019.Dynavax made losses of $156m and $159m in 2018 and 2019 respectively and has now shelved its immuno-oncology business, laying off 38% of its staff and losing its CEO and CSO.Dynavax's share price hit an all-time low of $2.2 in mid-March but has since climbed on news the company has signed several collaboration agreements with agencies and companies to treat COVID-19.Dynavax's new management will need to prove they can hit or exceed analyst sales forecasts for Heplisav-B of $300m - if they can the share price ought to rise significantly.Investment ThesisSince joining the Nasdaq in 2005 Dynavax (DVAXTradingViewDynavax shares have lost 83% of their value since September 2015, falling from a price o Show less Read more
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