Saint-Herblain (France), October 21, 2024 – Valneva SE (Nasdaq: VALN; Euronext Paris: VLA), a specialty vaccine company, announces today that members of its senior leadership team will present datasets on the world’s first and only approved chikungunya vaccine, IXCHIQ®, at several leading scientific conferences during the fourth quarter of 2024. At the International Society of Vaccines Annual Congress taking place in Seoul, South Korea, Valneva will present on the two-year antibody persistence and safety da ...

Saint-Herblain (France), September 13, 2024 – Valneva SE (Nasdaq: VALN; Euronext Paris: VLA) ("Valneva" or the "Company"), a specialty vaccine company, today announces the successful pricing of its Private Placement (as defined below) for a final amount of €61,180,000. Peter Bühler, Valneva's Chief Financial Officer, commented, "We would like to thank our existing shareholders for their continued support, as well as the new healthcare specialist investors joining us through this raise. In addition to suppor ...

Saint-Herblain (France), September 12, 2024 – Valneva SE (Nasdaq: VALN; Euronext Paris: VLA) ("Valneva" or the "Company"), a specialty vaccine company, today announces its intention to issue, subject to market conditions, approximately 22.6 million new ordinary shares (the "Offer Shares") at a price of €2.66 per Offer Share to certain categories of investors via a private placement through an accelerated bookbuilding process starting immediately. Context of the Offering The Issuer intends to use the net pro ...

Valneva SE (VALN) and Pfizer Inc. recently reported positive immunogenicity and safety data from their VLA15-221 Phase 2 study. Data from the study showed a strong immune response one month after a second booster dose in pediatric and adult populations. The safety and tolerability profile of VLA15 after a second booster dose was compared with that observed after the first booster. No safety concern was observed by an independent Data Monitoring Committee ("DMC") in any treatment or age group. The new favora ...

Shares of Valneva SE Sponsored ADR (VALN) have gained 3.5% over the past four weeks to close the last trading session at $7.32, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $18.33 indicates a potential upside of 150.4%. The average comprises four short-term price targets ranging from a low of $8.30 to a high of $26, with a standard deviation of $7.63. While the lowest estimat ...

First-Half Sales Performance in Line with Full-Year 2024 Guidance Total revenues of €70.8 million, including product sales of €68.3 million, in line with anticipated supply and sales phasing Net Profit of €34.0 million, including proceeds from PRV sale Operating profit of €46.7 million compared to an operating loss of €35.0 million in the first half of 2023 Cash position of €131.4 million Substantially lower cash burn expected in the second half of 2024 as Valneva completed its cost contributions to the agr ...

Core Insights - Valneva has secured an exclusive worldwide license for LimmaTech's S4V Shigella vaccine candidate, enhancing its R&D pipeline with a promising Phase 2 clinical asset [1][3] - Shigellosis, caused by Shigella bacteria, is a significant global health issue, leading to approximately 165 million infections and 600,000 deaths annually, particularly affecting children in low- and middle-income countries [2][5] - The global market for a Shigella vaccine is projected to exceed $500 million annually, indicating a substantial commercial opportunity [2][3] Company Overview - Valneva SE is a specialty vaccine company focused on developing, manufacturing, and commercializing vaccines for infectious diseases, with a strong track record in advancing vaccines from early R&D to market [7] - LimmaTech Biologics AG specializes in vaccine technology and is dedicated to combating antimicrobial resistance, leveraging its proprietary vaccine platform to develop solutions for microbial infections [8] Agreement Details - Under the licensing agreement, LimmaTech will receive an upfront payment of €10 million and is eligible for additional milestone payments and royalties on sales [3] - LimmaTech will conduct a Phase 2 Controlled Human Infection Model and a Phase 2 pediatric study in low- and middle-income countries, with trials expected to start in the second half of 2024 [3] - Valneva will manage all further development and commercialization efforts if the vaccine is approved [3][4] Clinical Development - The S4V vaccine candidate has shown positive interim Phase 1/2 data, demonstrating a favorable safety profile and robust immunogenicity against the four most common pathogenic Shigella serotypes [4][6] - The anticipated development strategy is designed to be staggered and risk-mitigated, aligning with Valneva's goal of advancing a new R&D program into Phase 3 by 2027 [4]

Valneva obtains exclusive worldwide license for LimmaTech's S4V Shigella vaccine candidate and adds an attractive Phase 2 clinical asset to Valneva's R&D pipeline LimmaTech to receive upfront payment, is eligible for future milestone and royalty payments, and will collaborate on S4V clinical development through Phase 2 Valneva will host a live webcast on this announcement at 3 p.m. CEST/9 a.m. EDT today. Please refer to this link: https://edge.media-server.com/mmc/p/ck932u2n Saint-Herblain (France) and Schl ...

Valneva to receive up to $41.3 million from CEPI and the European Union to expand access to chikungunya vaccine, IXCHIQ® Funding will support clinical trials in vulnerable groups, such as children and pregnant women Partnership will also support technology transfer to an additional manufacturer to supply IXCHIQ® to Asian LMICs IXCHIQ® is already approved for use in adults 18 years of age and older in the U.S., Canada and Europe CEPI will provide Valneva up to U.S. $41.3 million of additional funding over th ...

Significance of the IXCHIQ Vaccine Expanding Market Potential An additional marketing authorization application is under review by the Brazilian Health Regulatory Agency to make the vaccine available in certain low- and middle-income countries, with a potential approval in 2024. Valneva's latest approval from the EC turns out to be in favor of market growth. Valneva SE (VALN) recently announced that the European Commission (EC) has given it the marketing authorization for Valneva's single-dose Chikungunya v ...