14.06.2020, 1715 Zeichen
Valneva: Austrian/French specialty vaccine company Valneva announced that the antitrust-related condition precedent for its Lyme vaccine collaboration agreement with Pfizer has been met. As a result, the Agreement is now effective and Valneva will receive a USD 130 mn upfront payment. Under the terms of the Agreement, Valneva and Pfizer will work closely together throughout the development of VLA15. Valneva is eligible to receive a total of USD 308 mn cash payments consisting of the USD 130 mn upfront payment described above, USD 35 mn in development milestones and USD 143 mn in early commercialization milestones. Valneva will fund 30% of all development costs through completion of the development program, and in return Pfizer will pay Valneva tiered royalties starting at 19%. Pfizer will lead late-stage development and have sole control over commercialization. VLA15 is the only active Lyme disease vaccine program in clinical development today, and covers six serotypes that are prevalent in North America and Europe.
Valneva: weekly performance:
Andritz: International technology Group Andritz has received an order from EMP Recycling UAB to modernize their recycling plant for refrigeration appliances in Vilnius, Lithuania. Start-up of the new equipment is scheduled for end of 2020. The scope of supply comprises the feeding of the cooling devices to the shredder including the safety technology, the atmosphere drying equipment inside the machine as well as the conveyor technology for the discharge and provision of the processed material for the subsequent process steps.
Andritz: weekly performance:
(From the 21st Austria weekly https://www.boerse-social.com/21staustria (09/06/2020)
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