Valneva Reports Profitable Quarter Amid Vaccine Launches

Valneva (VALN) has released an update.

Valneva SE has reported €116.6 million in total revenues for the first nine months of 2024, with a notable turnaround to a €24.7 million net profit, driven by strong product sales and a successful private placement. The company is progressing with the launch of its chikungunya vaccine in Canada and Europe, and anticipates further approvals in Brazil and the UK. With a promising pipeline, including the S4V2 Shigella vaccine candidate, Valneva is poised for growth and strategic expansion.

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