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0.0436351869368248 0.0436351869368248 0.0436351869368248 0.0436351869368248 0.0436351869368248 0.0436351869368248 0.0436351869368248 -0.00433115945636489
Stock impact report

Valneva Reports Full Year 2023 Revenue and Cash, Provides First 2024 Guidance [Yahoo! Finance]

Valneva SE - American Depositary Shares (VALN) 
Company Research Source: Yahoo! Finance
Product sales surpassed pre-pandemic (2019) sales by 12% and 2022 sales by 26% Excluding COVID-19 vaccine sales, product sales grew by 63% compared to 2022 Cash position of €126.1 million at December 31, 2023 Excludes recent sale of the Priority Review Voucher (PRV) for $103 million (€95 million) Reflects significant payments related to the Phase 3 Lyme disease study, for which Valneva's cost contributions are expected to be completed in the first half 2024 First full year 2024 guidance Product sales expected between €150 million and €180 million, reflecting continued revenue growth for proprietary products and IXCHIQ ® 's launch-year sales, despite anticipated supply constraints for third-party products and IXIARO ® Other income anticipated between €95 million and €105 million, including the PRV sold in early 2024 for €95 million Expected R&D expenses between €65 million and €90 million Saint-Herblain (France), February 15, 2024 – Valneva SE (Nasdaq: VALN; Euronext Show less Read more
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