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Stock impact report

Dynavax: On Troubled Waters [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
Dynavax: On Troubled Waters A year ago, in an article DVAX dubitante. Dynavax's Q2, 2019 HEPLISAV-B report was constructive. Dynavax reported its Q2, 2019 results on 8/7/19. It reported solid sales for its one FDA approved therapy, HEPLISAV-B, of $8.3 million. The company launched Since that inaugural quarter of minimal HEPLISAV-B sales, it has managed to bump sales up incrementally quarter by quarter to Q2, 2019's aforesaid $8.3 million. There is definitely a market for the product, and it might even be a viable market for the right company. However, Dynavax may not be that company. Until its recent reorganization, Dynavax was laboring under the mistaken assumption that HEPLISAV-B revenues could support not only its own costs but also those of a parallel immuno-oncology (I-O) program. In May 2019, after apparently realizing that it was biting off more than it could chew, the company announced that it was "exploring strategic alternatives" for its I-O therapies. Accordingly, HEPLISAV- Show less Read more
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