Valneva: Valneva SE, a biotech company developing and commercializing vaccines for infectious diseases with major unmet needs, announced that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation for its chikungunya vaccine candidate, VLA1553. Wolfgang Bender, MD, PhD, chief medical officer of Valneva, commented, “Chikungunya isa growing threat with unpredictable outbreaks and a serious impact on public health. Infection with the virus can cause serious symptoms and complications. The fast track designation will allow us to work closely with the FDA and to accelerate our efforts to develop a one dose solution for the prevention of this spreading disease.” Valneva will release VLA1553’s initial Phase 1 data in the coming weeks.
Valneva: weekly performance: -4.35%

Bawag: Austrian based banking group Bawag announces the signing of a definite agreement to acquire Health AG and Zahnärztekasse AG from the EOS Group. Health AG, headquartered in Hamburg, Germany, and Zahnärztekasse AG, headquartered in Wädenswil, Switzerland, are two leading dental factoring market players offering dental financing products and services. The entities complement Bawag Group’s business model by providing a bolt-on opportunity for retail and SME business growth in Germany as well as expansion into Switzerland. The parties involved have agreed not to disclose the purchase price or any details of the agreement.
Bawag Group: weekly performance: -2.07%

OMV: OMV, the international integrated oil and gas company based in Vienna, has closed the previously announced transaction to sell its 100% owned subsidiary, OMV Tunisia Upstream GmbH, to a subsidiary of Panoro Energy ASA, an Oslo-listed, London-based international independent oil and gas company. The agreed purchase price is USD 65 mn. OMV Tunisia Upstream GmbH holds 49% interests in the Cercina/Cercina Sud, El Ain/Gremda, El Hajeb/Guebiba and Rhemoura concessions in Tunisia and 50% of the shares in the Thyna Petroleum Services S.A. Operating Company (TPS). Other assets OMV currently holds in Tunisia are unaffected by the transaction. The remaining stakes in the concessions and in TPS continue to be held by the Tunisian National Oil Company (ETAP).
OMV: weekly performance: -9.38%

Strabag: A consortium including European construction group Strabag has been awarded the contract for the modernisation of the D1 motorway in the Czech Republic. The contract, which has a total value of CZK 1.88 bn (~ Euro 72.7 mn), comprises the complete renewal of the cement concrete surface of the D1 motorway between Velký Beranov and Měřín. The total section to be modernised measures 14.8 km in length. Completion is scheduled within a project period of three years. Working on the project are the consortium leader Strabag and its two partner companies Metrostav a.s. and Eurovia CS a.s.
Strabag: weekly performance: -7.27%

Börse Social Network and Partners WKO, OeKB and Novomatic wish a Merry Christmas!