With an FDA decision looming, Dynavax is shopping a deal on Heplisav — report
Late Friday Reuters reported that Dynavax Technologies $DVAX was shopping its hepatitis B vaccine Heplisav in the wake of a positive FDA panel review and a shot at a near-term FDA approval.
Quoting sources, the wire service reported that Dynavax is engaged in a strategic review, with a chance of bagging a sale or licensing pact that could bring in a substantial amount of cash. Reuters added that there is no guarantee of a deal, as Dynavax reiterated that it’s planning a market launch for 2018. A company spokesperson added: “We continue to evaluate any interest from potential partners as part of our long-term strategic planning.”
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