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AGC Biologics' Heidelberg Site Supplies Drug Substance for Phase II Studies of Valneva's Tetravalent Shigella Vaccine Candidate

1. Valneva partners with AGC Biologics for Shigella vaccine development. 2. The deal may enhance VALN's R&D capabilities and market potential.

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FAQ

Why Bullish?

Strategic partnerships in vaccine development often lead to increased market confidence. Historical examples show that collaborations boost stock performance, particularly in biotech.

How important is it?

Developing a new vaccine can significantly affect future earnings and market share, raising investor interest.

Why Long Term?

The partnership signifies potential product advancements and revenue in the long run, similar to past successful vaccine collaborations which transformed company trajectories.

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SEATTLE & HEIDELBERG, Germany--(BUSINESS WIRE)--AGC Biologics, your friendly CDMO expert, today announced a development and manufacturing services agreement with specialty vaccine company Valneva SE (Nasdaq: VALN; Euronext Paris: VLA) to supply drug substance for an investigational four-valent Shigella bioconjugate vaccine at the CDMO's Heidelberg facility. Valneva exclusively licensed the vaccine candidate from LimmaTech Biologics AG, which previously worked with AGC Biologics to establish GMP.

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