Achieved Double-Digit Sales Growth
Valneva achieved their targeted double-digit year-on-year sales growth with sales above €160 million, aligned with their 2024 guidance.
Strong Cash Position
Valneva reported a strong cash position at year-end, close to €170 million, with a significantly lower operating cash burn.
Regulatory Success and Pipeline Expansion
Valneva received three additional IXCHIQ approvals and expanded their pipeline with a leading Phase 2 Shigella program.
Positive Financial Performance Indicators
Valneva reported an operating profit of €20.7 million in 2024 compared with an operating loss of €82.1 million in the prior year.
Significant R&D Investments
The company increased R&D investments, notably in Phase 4 trials for chikungunya and a new Shigella program, supported by external grant funding.