Financial PerformanceValneva anticipates cash flow positivity for its commercial business, excluding Ixchiq, in 2024 and expects commercial business cash-flow positivity, including Ixchiq, from 2025.
Market Approval And ExpansionThe Advisory Committee on Immunization Practices (ACIP) voted to recommend use of Ixchiq for the prevention of disease caused by CHIKV, and it was adopted by the U.S. CDC.
Strategic FundingThe company announced that it received a grant from the Coalition for Epidemic Preparedness Innovations (CEPI) providing Valneva with up to $41.3M of additional funding over the next five years.