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                    Dynavax 
                      Reports Phase 1B Safety and Immunogenicity Results for Hepatitis 
                      B Therapy Candidate
 
 
                
                    Berkeley, 
                      CA -- December 23, 2010 -- Dynavax Technologies Corporation 
                      (NASDAQ: DVAX) today reported safety and immunogenicity 
                      data from its Phase 1b clinical trial of DV-601, its proprietary 
                      hepatitis B therapeutic vaccine. The dose escalation study 
                      assessed safety and the immunologic and virologic responses 
                      in 14 subjects with chronic hepatitis B infection. The Phase 
                      1b data showed:  
                      
                      
                         
                          |  | All 
                            doses were generally safe and well tolerated; and |   
                          |  | Individual 
                            immunologic and virologic responses were observed 
                            across cohorts at all dose levels. |  
                
                  
                    No 
                      conclusions regarding the potential clinical impact of the 
                      therapy could be reached in this small study. Dynavax's 
                      treatment approach combines both the surface and core hepatitis 
                      B virus (HBV) antigens with Iscomatrix adjuvant originally 
                      entered into development by Rhein Biotech prior to its acquisition 
                      by Dynavax in 2006. The candidate vaccine, DV-601, is designed 
                      to induce an immune response against HBV-infected cells 
                      and if proven to be safe and effective, may offer an alternative 
                      therapeutic option for patients chronically infected with 
                      HBV. 
                
                  
                    
  Dynavax 
                      Technologies Corporation, a clinical-stage biopharmaceutical 
                      company, discovers and develops novel products to prevent 
                      and treat infectious diseases. The company's lead product 
                      candidate is Heplisav, a Phase 3 investigational adult hepatitis 
                      B vaccine designed to enhance protection more rapidly and 
                      with fewer doses than current licensed vaccines. For more 
                      information, visit www.dynavax.com. 
              
                
                  
                    1/11/11 SourceDynavax 
                      Technologies. Dynavax Reports Phase 1B Safety and Immunogenicity 
                      Results for Hepatitis B Therapy Candidate. Press release. 
                      December 23, 2010.
 
 
 
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