Shares of Dynavax (NASDAQ:DVAX) fell 33% in November, after a Food and Drug Administration advisory committee voted 8-5 against its hepatitis-B vaccine Heplisav. Despite voting 13-1 in favor of the drug's efficacy -- because it outperformed the current standard drug in this space in terms of percentage of adults protected after a period of seven months -- committee members expressed concerns over insufficient safety data. Dynavax has its PDUFA date in late February, and shares would soar upon approval, but investors may be asking too much to think that the FDA will forgo its panel's recommendation regarding safety.
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Why Dynavax Lost in November
NASDAQ: DVAX
Dynavax Technologies

How a recent FDA advisory committee decision cost this company.
David Williamson has no positions in the stocks mentioned above. Follow him on Twitter @MotleyDavid. Max Macaluso has no positions in the stocks mentioned above. The Motley Fool owns shares of GlaxoSmithKline. Motley Fool newsletter services recommend GlaxoSmithKline. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Stocks Mentioned



*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles





Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.