French biotech company Valneva raises product sales guidance [Reuters]
Valneva SE - American Depositary Shares (VALN)
Company Research
Source: Reuters
it now expects revenues of between 170 million euros and 190 million euros ($184.72 million to $206.45 million) in 2024, as it anticipates sales growth of its travel vaccines and the launch of Ixiaro. It now expect product sales for the year of between 160 million euros and 180 million euros. In 2023, Valneva saw its total revenues drop to 153.7 million euros from 361.3 million euros a year earlier, missing a LSEG estimate of 171.7 million euros. Valneva's product sales grew to 144.6 million euros from 114.8 million euros in 2023, a 63% rise excluding COVID-19 vaccine sales, it said in a statement. Keep up with the latest medical breakthroughs and healthcare trends with the Reuters Health Rounds newsletter. Sign up here. Reporting by Dagmarah Mackos; Editing by Jamie Freed Our Standards: The Thomson Reuters Trust Principles. , opens new tab
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News
- Valneva Initiates Phase 1 Trial of Second-Generation Zika Vaccine Candidate [Yahoo! Finance]Yahoo! Finance
- Valneva Initiates Phase 1 Trial of Second-Generation Zika Vaccine CandidateGlobeNewswire
- Valneva Announces Filing of 2023 Universal Registration Document and US Form 20-F [Yahoo! Finance]Yahoo! Finance
- Valneva Announces Filing of 2023 Universal Registration Document and US Form 20-FGlobeNewswire
- Valneva SE (NASDAQ: VALN) had its price target lowered by analysts at Guggenheim from $18.00 to $17.00. They now have a "buy" rating on the stock.MarketBeat
VALN
Sec Filings
- 3/26/24 - Form 6-K
- 3/22/24 - Form 20-F
- 3/22/24 - Form 6-K
- VALN's page on the SEC website