US firms Dynavax and Merck & Co have entered into a global agreement to co-develop the latter's immunostimulatory agent Heplisav for the treatment of hepatitis B infection. The deal grants Merck exclusive rights to the compound in return for an upfront payment of $31.5 million. In addition, Dynavax is eligible to receive up to $105.0 million in milestones as certain developmental, regulatory and sales goals are met.
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