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Monday, March 2, 2020

Dynavax +17% premarket on COVID-19 vaccine plan

Dynavax Technologies (NASDAQ:DVAX) is up 17% premarket after collaborating with the University of Queensland as part of a Coalition for Epidemic Preparedness initiative to develop a vaccine to prevent COVID-19.
The company is providing technical expertise and toll-like receptor 9 agonist adjuvant, CpG 1018, to support this initiative.
CpG 1018 is used in HEPLISAV-B [Hepatitis B Vaccine (Recombinant), Adjuvanted]. It provides a well‑developed technology and a significant safety database, accelerating the development of a COVID-19 vaccine.
https://seekingalpha.com/news/3547415-dynavaxplus-17-premarket-on-covidminus-19-vaccine-plan

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