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Immune-focused company announces Q3 net loss of $4M

Published in Clinical Trials Week, December 6th, 2004

Dynavax Technologies Corp. (DVAX) reported financial results for the third quarter 2004.

Dynavax reported a net loss of $4.0 million for the quarter ended September 30, 2004, or $0.16 share, compared to a net loss of $4.1 million, or $2.30 per share for the same period in 2003. For the 9 months ended September 30, 2004, net loss was $10.8 million or $0.54 share compared to $12.8 million or $7.20 per share for the comparable period in 2003. The net loss per share for the 3 and 9 months ended September 30, 2004 reflects the increase in common shares outstanding as a result of the company's initial public offering in February 2004.

As of September 30,...

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