Valneva Reports Further Pivotal Phase 3 Data In Adolescents For Its Single-Shot Chikungunya Vaccine
Portfolio Pulse from Benzinga Newsdesk
Valneva announced positive Phase 3 data for its single-shot Chikungunya vaccine, VLA1553, in adolescents, showing a high, sustained immune response. The results are intended to support a potential label extension for use in this age group.
May 13, 2024 | 6:53 am
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Valneva's positive Phase 3 data for its Chikungunya vaccine in adolescents could support a label extension, potentially boosting the vaccine's market and VALN's revenue prospects.
The positive Phase 3 results for VLA1553 in adolescents not only demonstrate the vaccine's efficacy but also pave the way for a label extension that could significantly expand its market. This expansion is likely to have a positive impact on Valneva's revenue and market position, making it an attractive prospect for investors. The high immune response rate and the potential for label extension are key factors that could drive investor interest and positively influence VALN's stock price in the short term.
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