Valneva SE's share price is on the rise today (1 July) after the European Commission granted marketing authorization in Europe to the French vaccine maker's Ixchiq for the prevention of disease caused by the chikungunya virus in people aged 18 and older.
The approval, which followed a positive opinion from the European Medicines Agency's CHMP issued at the end of May, is based on data from a Phase III study of over 4,000 adults evaluated at over 40 sites in the US which revealed a 98.9% sero-response rate at 28 days after a single dose of Ixchiq. This immune response was sustained for 24 months by 97% of participants and was equally durable in younger and older adults
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