U.S. Centers For Disease Control And Prevention's Advisory Committee Recommends Use Of Valneva's Single-Dose Chikungunya Vaccine IXCHIQ®
Portfolio Pulse from Benzinga Newsdesk
The U.S. CDC's Advisory Committee has recommended the use of Valneva's single-dose Chikungunya vaccine, IXCHIQ®, for travelers and laboratory workers. This follows the FDA's approval in November 2023, marking IXCHIQ® as the first and only vaccine for adults 18 and older at increased risk of chikungunya virus exposure.
February 29, 2024 | 7:50 am
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Valneva's single-dose Chikungunya vaccine, IXCHIQ®, has been recommended by the U.S. CDC's Advisory Committee for use in travelers and laboratory workers, following FDA approval.
The recommendation by the CDC's Advisory Committee, following FDA approval, significantly boosts the credibility and potential market reach of Valneva's IXCHIQ® vaccine. This endorsement is likely to increase investor confidence in Valneva, potentially leading to a positive short-term impact on its stock price. The vaccine addresses an unmet medical need, positioning Valneva in a favorable market niche.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100