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Dynavax Technologies
Corporation
DVAX and AstraZeneca announced today their
decision to advance AZD1419, a proprietary second-generation TLR-9
agonist for asthma, into IND-enabling preclinical toxicology studies.
These toxicology studies are scheduled to be the first module of work
performed by Dynavax under the recently amended collaboration
agreement for the clinical development of AZD1419. Development
expenses will be fully funded by AstraZeneca, and Dynavax will
receive payment of $2.6 million to begin the studies.
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