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ISS-focused company reports $2.9 million second-quarter loss

Published in Hepatitis Weekly, September 6th, 2004

Dynavax Technologies Corp. (DVAX), a biopharmaceutical company focused on the discovery, development, and commercialization of products to treat and prevent allergies, infectious diseases, and chronic inflammatory diseases, reported financial results for the quarter and 6 months ended June 30, 2004.

Dynavax reported a net loss of $2.9 million for the quarter ended June 30, 2004, or $0.12 per basic and diluted share, compared to a net loss of $4.0 million, or $2.23 per basic and diluted share for the same period in 2003. As of June 30, 2004, cash and cash equivalents totaled $74.0 million.

Revenue for the second quarter ended June 30, 2004 was $5.5...

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