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Valneva Signs $39.6 Million IXIARO® Supply Contract with US Government

Lyon (France), November 7, 2017 – Valneva SE (“Valneva” or “the Company”), a fully integrated, commercial stage biotech company focused on developing innovative, lifesaving vaccines, announces today the signing of a $39.6 million one year contract with the US Government’s Department of Defense for the supply of its Japanese encephalitis (JE) vaccine IXIARO® .

 

 

The new agreement will supplement the initial contract Valneva signed with the US military in March 2016 as the maximum quantity of doses allowed in the precedent contract was reached earlier than expected.

 

Under the terms of the new agreement, Valneva will supply the IXIARO® doses to the Defense Logistics Agency (DLA), Supply Center of the US Department of Defense, over a one-year period for a value of $28.2 million guaranteed and up to $39.6 million. First deliveries are expected to commence in the coming weeks.

 

 

Read the press release

 

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