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Dynavax Technologies

Biotech & Life Sciences · Emeryville, United States · Founded 1996 · IPO 2004

Biopharmaceutical company discovering and developing novel products to prevent and treat infectious diseases MoreLess

Dynavax Technologies Corporation is a commercial-stage biopharmaceutical firm focused on the development and sale of vaccines. Incorporated in 1996, the company initially operated as Double Helix Corporation before adopting its current name in September of the same year. Its founders include Lawrence M. Lichtenstein, Dennis A. Carson, and Eyal Raz. A key scientific figure in the company's history is Robert L. Coffman, Ph.D., who served as Chief Scientific Officer from 2000. Dr. Coffman, a member of the National Academy of Sciences, made foundational discoveries in immunology, including identifying Th1 and Th2 T-cell subsets, which has been critical to understanding immune responses in infectious and allergic diseases. His work at Dynavax guided the development of the company's core technologies.

The company's business model centers on generating revenue through two primary streams: direct product sales and strategic collaborations. Its main commercial product is HEPLISAV-B, a vaccine for the prevention of Hepatitis B virus (HBV) infection in adults. Approved by the U.S. FDA on November 9, 2017, HEPLISAV-B was the first new hepatitis B vaccine in the United States in over two decades. Its primary distinguishing feature is a two-dose regimen administered over one month, which offers greater convenience and has demonstrated higher protection rates compared to the older three-dose, six-month standard. The company markets HEPLISAV-B to a range of clients, including hospitals, clinics, public health systems, and retail pharmacies, through wholesalers and specialty distributors. This product has become a significant revenue driver, capturing an estimated 45% of the U.S. adult market share by the second quarter of 2025.

The second pillar of Dynavax's business is its proprietary CpG 1018 adjuvant, a technology designed to enhance the immune response of vaccines. This adjuvant is the key component in HEPLISAV-B and is also sold to other biopharmaceutical companies for use in their vaccine development programs. This strategy created a vital revenue stream, particularly during the COVID-19 pandemic, through supply agreements with global vaccine manufacturers. Beyond COVID-19, Dynavax is actively pursuing partnerships to integrate CpG 1018 into vaccines for other infectious diseases. The development pipeline includes a shingles vaccine candidate (Z-1018) in Phase 1/2 trials, a plague vaccine in collaboration with the U.S. Department of Defense, a pandemic influenza adjuvant program, and a Lyme disease program.

Keywords: vaccine development, biopharmaceutical, HEPLISAV-B, hepatitis B vaccine, CpG 1018, vaccine adjuvant, Toll-like Receptor 9, TLR9 agonist, infectious disease prevention, immunology, shingles vaccine, plague vaccine, Robert L. Coffman, Ryan Spencer, Dennis Carson, commercial-stage biotech, vaccine commercialization, adjuvanted vaccines, public health, immunization, biodefense, vaccine pipeline, U.S. Department of Defense collaboration

Valuation $1.40B
Revenue $315M
EBITDA $46M
Total funding $10–50M

Talent graph

Dynavax Technologies's talent

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Employees mapped 270 incl. 1 AI specialist
Founders Hidden — book a demo/100 quality score
Key operators 22 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

6 investors on Dynavax Technologies's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 1 investor entered at this stage
Series B+ 5 investors entered at this stage
Care Capital
Deerfield
Hercules Capital
Coalition for Epidemic Preparedness
Camber Capital Management

Global footprint

Where Dynavax Technologies has talent and traffic

Workforce by country
6 countries with
team presence
🇺🇸 United States91.2%
🇩🇪 Germany6.2%
🇮🇹 Italy1.3%
🇧🇪 Belgium0.4%
🇵🇭 Philippines0.4%
Top 5 of 6 shown
Web traffic by country
6.1K monthly visits
across markets
🇺🇸 United States49.2%
🇩🇪 Germany19.7%
🇮🇳 India16.4%
🇬🇧 United Kingdom11.5%
🇳🇱 Netherlands3.3%
Top 5 markets shown

Patent intelligence

$35M patent portfolio · 30 active families

Estimated portfolio value
$35M
2.5% of market cap · larger than top peer Rec-Biotechnology ($4M)
30 active patent families
Where Dynavax Technologies innovates AdjuvantAntigenBiomedical engineeringImmunologic StimulationImmunology

Where Dynavax Technologies concentrates vs peers

Each axis is a top-10 topic across Dynavax Technologies and its closest peers. #1 = 100, #10 = 10, absent = 0.

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Source: Dealroom Patent Intelligence · Patsnap. Request a demo for the full per-sub-category breakdown, individual records, and quality-score history.

Market sentiment

What the market is saying about Dynavax Technologies

An AI-synthesized read of the highest-engagement posts about Dynavax Technologies on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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