Is There Any Hope for Dynavax?

Dynavax (Nasdaq: DVAX  ) is in a free fall. Shares have been cut in half today following a negative outcome from yesterday's Food and Drug Administration advisory committee review of its hepatitis B vaccine, Heplisav. The company's top drug candidate received an 8-5 vote against the sufficiency of its safety data, leading to huge doubts around its chances of approval next year. It's not clear how the FDA will react, and the possibility certainly still exists for an approval. However, as health care bureau chief Brenton Flynn explains in the video below, buying shares of Dynavax has become a gamble given the huge uncertainties that exist.

While you can certainly make huge gains in biotech and pharmaceuticals, the best investing approach is to choose great companies and stick with them for the long term. In our free report "3 Stocks That Will Help You Retire Rich," we name stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2117241, ~/Articles/ArticleHandler.aspx, 4/16/2014 9:03:30 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

TREND TRACKER: Get Rich When the Web Goes Dark

It's time to say "goodbye" to your Internet! One bleeding-edge technology is about to put the World Wide Web to bed. And if you act right away, it could make you wildly rich. Experts are calling it the single largest business opportunity in the history of capitalism… The Economist is calling it "transformative"... but you'll probably just call it "how I made my millions." Big money is already on the move. Don't be too late to the party – find out the 1 stock to own when the Web goes dark.