Dynavax (DVAX) Reports Q2 Loss of $0.80

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Go back to Dynavax (DVAX) Reports Q2 Loss of $0.80

Dynavax Reports Second Quarter 2015 Financial Results

August 7, 2015 4:01 PM EDT

BERKELEY, CA -- (Marketwired) -- 08/07/15 -- Dynavax Technologies Corporation (NASDAQ: DVAX) today reported financial results for the second quarter ended June 30, 2015.

The Company had $93.4 million in cash, cash equivalents and marketable securities as of June 30, 2015, compared to $97.6 million at March 31, 2015. The cash, cash equivalents and marketable securities balance as of June 30, 2015 includes net proceeds of approximately $20.2 million as a result of stock sales under an at the market sales agreement (ATM). In July 2015, the Company received additional cash of approximately $29 million resulting from stock sales under the ATM and also completed an... More