Revenue Growth and Financial Management
Total revenues reached EUR 127 million at the 9-month time point, a substantial growth of almost 9%. Operating cash burn significantly reduced, resulting in a cash position of more than EUR 140 million. Successfully completed debt refinancing, enhancing financial flexibility.
Product and Regulatory Achievements
Secured additional marketing authorizations for IXCHIQ in the U.K. and Brazil. Completed vaccinations in the VALOR Phase III Lyme disease study. Reported positive data for chikungunya vaccine IXCHIQ and the second-generation Zika vaccine candidate, VLA1601.
Strategic Partnerships and Agreements
Announced an exclusive vaccine marketing and distribution agreement for Germany with CSL Seqirus. Found a new partner, Pharmakon, for financial support.
IXIARO Sales Growth
IXIARO sales reached EUR 74.3 million, increasing 12.5% over the prior year, driven by sales to the U.S. Department of Defense and increased sales in some European countries.