Dynavax, Bavarian Nordic Ink Distribution Pact For Hepatitis B Vaccine In Germany

Dynavax Technologies Corporation DVAX has entered into a commercialization agreement with Bavarian Nordic for the marketing and distribution of HEPLISAV B, the Hepatitis B vaccine in Germany, with an expected launch in the fourth quarter of 2021.
Financial terms were not disclosed.
In February, the European Commission granted marketing authorization for HEPLISAV B.
The vaccine combines hepatitis B surface antigen with Dynavax's proprietary Toll-like Receptor (TLR) 9 agonist CpG 1018 adjuvant to enhance the immune response.
Price Action: DVAX shares are up 1.9% at $8.01 during the premarket session on the last check Thursday.