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Néovacs Seeks Partners for mRNA Asthma Program Valued at €98 Million

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Néovacs Seeks Partners for mRNA Asthma Program Valued at €98 Million

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An announcement from Neovacs SA ( (FR:ALNEV) ) is now available.

Néovacs has announced an independent valuation of its mRNA research program in severe asthma, valued between €56 and €98 million, with potential to reach up to €402 million following successful clinical trials. The company is seeking partners to support the clinical development phase, emphasizing that this is not due to a lack of resources but to validate its approach and share project risks.

More about Neovacs SA

Néovacs is a French biotechnology company engaged in R&D and investment activities, focusing on vaccine candidates for lupus and allergies using its kinoid® technology platform. The company specializes in active immunotherapy to regulate harmful protein overproduction.

YTD Price Performance: -95.73%

Average Trading Volume: 11,500

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €18.87K

For a thorough assessment of ALNEV stock, go to TipRanks’ Stock Analysis page.

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