Daily Newsletter

25 September 2023

Daily Newsletter

25 September 2023

Valneva receives JE vaccine supply contract from US DoD

Valneva is responsible for marketing and supplying the vaccine directly to the military and private travel market in the US.

RanjithKumar Dharma September 25 2023

Valneva has received a contract from the US Department of Defense (DoD) for the delivery of its Japanese encephalitis (JE) vaccine, IXIARO.

The company will supply a minimum of $32m worth of IXIARO vaccines as part of the new one-year contract.

DoD can also purchase additional doses during the next 12 months. Deliveries of the vaccines will begin immediately.

IXIARO is the only JE vaccine that has received approval from the US Food and Drug Administration (FDA).

Valneva developed the vaccine through a research and development agreement with the Walter Reed Army Institute of Research.

The company is responsible for marketing and supplying this vaccine directly to the military and private travel market in the US.

Valneva chief commercial officer Dipal Patel stated: “We are excited to continue our long-term relationship with the DoD.

“The US military has trusted IXIARO for over ten years to help protect military personnel, their families, civilian government service personnel and government contractors from this potentially deadly disease.”

JE is an infectious disease endemic in South-East Asia, China and India. It has a fatality rate of around 30% in symptomatic patients and causes permanent brain damage in half of those who survive.

JE killed more than 1,200 children in one month during an epidemic outbreak in the Indian state of Uttar Pradesh and Nepal.

M&A in the Contract Manufacturing Industry

Despite challenging business conditions in 2021 and 2022, large CMOs were still involved in acquisitions to enhance their capabilities or scale of production. Catalent and Recipharm were particularly active in acquiring companies during this period, and these acquisitions had a focus on advanced biologic capabilities related to cell and gene therapies. CMOs are increasingly targeting companies with sophisticated (biologic and specialized) capabilities to manufacture modern drugs and seek high-value contracts.

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