Record HEPLISAV-B Revenue Growth
HEPLISAV-B achieved record net revenues of $71 million for Q4 and $268 million for the full year 2024, reflecting a 39% and 26% increase year-over-year, respectively.
Market Share Leadership in Hepatitis B Vaccine
HEPLISAV-B increased its market share to 44% by the end of 2024, becoming the market leader in the U.S. hepatitis B adult vaccine market.
Positive Market Dynamics for HEPLISAV-B
Medicare policy changes and the inclusion of hepatitis B vaccination in HEDIS measures are expected to boost market share and revenue growth for HEPLISAV-B in 2025.
Strong Financial Performance and Guidance
Dynavax achieved profitability with a net income of $27 million for 2024. The company also set guidance for 2025 with expected HEPLISAV-B net product revenue between $305 million to $325 million.
Clinical Pipeline Advancements
The shingles vaccine program, Z-1018, showed promising Phase I results with favorable tolerability compared to Shingrix and is advancing to a Phase I/II study.