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Published on 2/22/2008 in the Prospect News PIPE Daily.

Dynavax amends line of credit agreement with Azimuth, extends expiration date

By Devika Patel

Knoxville, Tenn., Feb. 22 - Dynavax Technologies Corp. amended its line of credit agreement with Azimuth Opportunity Ltd., according to an 8-K filed Friday with the Securities and Exchange Commission.

The companies agreed to extend the expiration date of the Aug. 31, 2006 line of credit to Dec. 31. The $30 million line was slated to expire at the end of this month.

Dynavax is a Berkeley, Calif.-based pharmaceutical company.


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