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Dynavax Reports Revenue Growth and Defense Contract
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Dynavax Reports Revenue Growth and Defense Contract

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An update from Dynavax ( (DVAX) ) is now available.

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Dynavax announced a 26% year-over-year increase in net product revenue for HEPLISAV-B in 2024, reaching approximately $268 million. The company also secured a $30 million contract with the U.S. Department of Defense to advance its plague vaccine program. The financial growth strengthens Dynavax’s market position, allowing it to focus on strategic growth pillars, including maximizing HEPLISAV-B’s market share and advancing its clinical pipeline.

More about Dynavax

Dynavax Technologies Corporation is a commercial-stage biopharmaceutical company that develops and commercializes innovative vaccines to protect against infectious diseases. The company has two commercial products: HEPLISAV-B vaccine, approved for preventing hepatitis B infection in adults, and the CpG 1018 adjuvant, used in HEPLISAV-B and multiple COVID-19 vaccines.

YTD Price Performance: -2.09%

Average Trading Volume: 2,208,888

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.66B

See more data about DVAX stock on TipRanks’ Stock Analysis page.

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