August 20, 2022

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European Commission grants marketing authorisation to Valneva’s COVID-19 shot

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The logo of French-Austrian biotech organization Valneva is viewed exterior their headquarters in Vienna, Austria, December 16, 2021. REUTERS/Lisi Niesner

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June 24 (Reuters) – French drugmaker Valneva’s (VLS.PA) COVID-19 vaccine has obtained marketing and advertising authorisation from the European Commission (EC) for use as a principal vaccination in people today from 18 to 50 years of age, the company claimed on Friday.

The advertising and marketing authorisation will address the European Union’s member states as very well as Iceland, Liechtenstein, and Norway.

“Now that we have obtained this total advertising authorization, we hope that the EC and its member states will position orders that mirror this demand from customers,” Valneva CEO Thomas Lingelback claimed in a statement.

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Valneva has been attempting to salvage a provide contract with the European Commission for up 60 million doses, which the Fee has signalled it needs to amend to a scaled-down number of doses because of to software delays and nations in Europe presently acquiring surplus supply. read additional

Britain cancelled its Valneva vaccine contract in 2021, but the enterprise has secured approvals in Bahrain and the United Arab Emirates.

Valneva’s vaccine uses know-how previously employed for a long time in photographs towards polio, influenza and hepatitis. The firm thinks it will get over people today who experienced refused COVID vaccines that utilised mRNA and other new technologies.

Valneva’s Paris-detailed shares jumped on Thursday after the EU’s drug company advised the jab. read through additional

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Reporting by Valentine Baldassari Modifying by Jan Harvey, Elaine Hardcastle

Our Criteria: The Thomson Reuters Belief Rules.