Dynavax awarded $700K grant by NIAID
The USA's Dynavax Technologies has been awarded a two-year, $700,000 Small Business Innovation Research grant by the National Institute of Allergy and Infectious Diseases.
The grant will support the preclinical development of Dynavax' first-in-class oligonucleotide-based Toll-like Receptor inhibitors for use in inflammatory skin diseases such as psoriasis, cutaneous lupus and dermatomyositis. This is on top of a $1.8-million grant awarded in 2008.
"In addition to validating our proprietary technology, this new grant supports the preclinical studies for our TLR inhibitors, which represent a novel therapeutic approach for the treatment of inflammatory skin disorders," said chief scientific officer Robert Coffman.
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