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Stock impact report

Sanofi (SNY) to Acquire Dynavax Technologies Corporation (DVAX) [Yahoo! Finance]

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: Yahoo! Finance
into a definitive agreement to acquire Dynavax Technologies Corporation (NASDAQ:DVAX), a company that has a marketed hepatitis B vaccine and a differentiated shingles vaccine candidate. Management noted that the acquisition aligns with the company's strategy by expanding its presence in adult immunization through Dynavax's candidates. Moreover, HEPLISAV-B is the only two-dose adult hepatitis B vaccine approved in the US. The drug is administered in two monthly doses for faster protection compared to three-dose competitors over six months. The deal is valued at $15.50 per share in cash, which totals to roughly $2.2 billion in equity value. Moreover, the deal has already been unanimously approved by the Dynavax board of directors and is expected to close in the first quarter of 2026. Management noted that this deal will not impact Sanofi's (NASDAQ:SNY) financial guidance for 2025. That said, Wall Street has a positive outlook on the stock, with analysts' 12 month price target refl Show less Read more
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