2024 Annual Business Report

2024 Highlights

Valneva achieved several key milestones in 2024, including the Canadian and European approvals of Valneva’s single-shot chikungunya vaccine.

2024 Highlights

A specialty vaccine company

R&D

Chikungunya vaccine, VLA1553
Approvals in Canada (June), Europe (July) and UK (February 2025)

  • Recommendation granted by the U.S. Advisory Committee on Immunization Practices (ACIP) in February 2024.
  • Reported further Positive Pivotal Phase 3 Data in Adolescents in May 2024.
  • Expanded partnership with CEPI with a $41.3 Million Grant to Support Broader Access (July) and expanded Access to Asia with Serum Institute of India (December).
  • Submitted adolescent Label Extension Applications to EMA (September), Health Canada (September) and United States Food and Drug Administration (November). EMA announced a positive opinion in February 2025.
  • Positive Three-Year Antibody Persistence Data reported (December).

Lyme disease vaccine candidate, VLA15

  • Announced Primary Vaccination Series Completion (July).
  • Reported Further Positive Phase 2 Booster Results for Lyme Disease Vaccine Candidate (September).
  • Publication of Phase 2 Trials in the Lancet Infectious Diseases (June).

Strategic

  • Augmented clinical pipeline with a leading tetravalent Shigella vaccine candidate and initiated Phase 2b trial; Granted Fast Track Designation by the FDA.
  • Extended partnership with the Coalition for Epidemic Preparedness (CEPI) via a new $41.3m grant and signed exclusive license agreement with the Serum Institute of India (SII) for Asia. Advanced novel Zika vaccine candidate into Phase 1 clinical development.

Commercial

  • Finalized new $32.8 million IXIARO® supply contract with the U.S. Department of Defense in January 2025.
  • Product sales revenue reached €163.3 million for the year ended December 31, 2024 compared to €144.6 million in the same period of 2023, an increase of 13%.