COVID-19

Vaccine Valvena: the new hope for a French vaccine?

After the Sanofi vaccine was abandoned, the French-Austrian laboratory Valneva announced positive results in phase 3 trials for its candidate vaccine against Covid-19. With these positive results, the laboratory indicates that it has “begun the gradual presentation of the initial authorization application file to the British health agency (MHRA)”.

In a press release, the Valneva vaccine “demonstrated superiority over the AZD1222 vaccine in terms of average neutralizing antibody titers (…) as well as non-inferiority in terms of seroconversion rate (SCR greater than 95% in two vaccinated groups) for two weeks then the second injection ”, specifies the laboratory. “The more traditional approach to the manufacture of vaccines than the vaccines that are present in the Royaume-Uni, in Europe et aux Etats-Unis”, explains Adam Finn, principal investigator of the test. For the CEO of Valneva, Thomas Lingelbach, this is the opportunity to “offer an alternative vaccine solution to people who have not yet been vaccinated.”

A 33% jump on the Paris Stock Exchange

Results that allowed the group to increase its participation by 33% in the Paris Stock Exchange. What to cheer on Valvena who had seen 100 million doses of vaccines canceled by the UK last September. Valneva’s share price then collapsed, from € 19.92 to less than € 11. The laboratory indicates to have “initiated the gradual presentation of the application of initial authorization to the British health agency (MHRA)”. At the same time, Valvena is preparing to submit the same application to the European Medicines Agency.

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