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Dynavax Responds to Deep Track and Highlights Long-Term Value Creation Strategy

  • Dynavax Technologies Corporation emphasized its commitment to long-term stockholder value and announced board changes underway, with nominations from Deep Track Capital for the 2025 Annual Meeting.
  • The company achieved a record growth of 26% in HEPLISAV-B revenue during 2024, aiming for at least 60% market share by 2030.
  • Dynavax engaged in negotiations with Deep Track but faced demands to control the board, which the Dynavax Board rejected, proposing other candidates instead.
  • The 2025 Annual Meeting of stockholders has not yet been scheduled, with Dynavax planning to file a proxy statement with the SEC regarding board nominations.
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Helena Independent Record broke the news in Helena, United States on Wednesday, February 19, 2025.
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