Valneva announces that the United States Department of Defense waives an option to purchase Ixiaro

Valneva is giving up on a contract worth more than 30 million euros. The French laboratory indicates on August 18 that the American Department of Defense will not exercise its option for the purchase of doses of vaccine against Japanese encephalitis, considering that its supplies are sufficient to meet its needs.

According to Valneva, the decision not to exercise Ixiaro’s second supply option has no impact on its financial forecasts for 2022. The group specifies that this option had a nominal value of 36 million dollars for 250,000 doses.

VOS INDICES

The ‘DoD’ (US Department of Defense-Editor’s note) considers that its existing supply levels of Ixiaro are sufficient to meet its current needs”, explains the company in a press release.

Valneva anticipates for 2022 a turnover of between 340 and 360 million euros.

With Reuters (Matthieu Protard)


Source: UsineNouvelle – Actualités A la une by www.usinenouvelle.com.

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