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21st Austria weekly - Valneva, Andritz (16/05/2022)

22.05.2022

Valneva: Valneva, an Austrian/French specialty vaccine company, announced that it has received a notice from the European Commission (EC) of intent to terminate the advance purchase agreement (APA) for Valneva’s inactivated whole-virus COVID-19 vaccine candidate VLA2001. The APA provides the EC with a right to terminate the APA if VLA2001 had not received a marketing authorization from the European Medicines Agency (EMA) by April 30, 2022. Based on the terms of the APA, Valneva has 30 days from May 13, 2022 to obtain a marketing authorization or propose an acceptable remediation plan. The Company will work with the EC and the participating EC member states to agree to a remediation plan and to make VLA2001 available to those member states who still wish to receive it. If the EC ultimately terminates the APA, Valneva will not be required to return the down payments received since Valneva has committed the full amount of those down payments and the APA does not require reimbursement of such payments under these circumstances. Based on the outcome of the discussions with the EC and the relevant member states, Valneva will reconsider its full-year 2022 financial guidance.
Further, the company announced, that the United Arab Emirates (UAE) granted emergency use authorization for Valneva’s inactivated, adjuvanted COVID-19 vaccine, VLA2001.
Valneva: weekly performance: -0.38%

Andritz: International technology group Andirzt has received an order from the Spanish pulp and paper producer Papelera Guipuzcoana de Zicuñaga to deliver a new LimeFlash-H lime kiln for its pulp mill in Hernani, Spain. Start-up of the new lime kiln is scheduled for the second half of 2023. The Andritz LimeFlash-H is a completely new feed end technology for maximizing the efficiency of the lime kiln and with focus on further increasing the capacity of the lime kiln while reducing energy consumption at the same time. This next-generation LimeFlash-H technology consists of a 2-cyclone system combined with Andritz state-of-the-art LimeFlash feed end technology. This provides maximum benefit as the heat recovered efficiently from the flue gas can be used to preheat lime mud.
Andritz: weekly performance: -0.24%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (16/05/2022)


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21st Austria weekly - Valneva, Andritz (16/05/2022)


22.05.2022, 2288 Zeichen



Valneva: Valneva, an Austrian/French specialty vaccine company, announced that it has received a notice from the European Commission (EC) of intent to terminate the advance purchase agreement (APA) for Valneva’s inactivated whole-virus COVID-19 vaccine candidate VLA2001. The APA provides the EC with a right to terminate the APA if VLA2001 had not received a marketing authorization from the European Medicines Agency (EMA) by April 30, 2022. Based on the terms of the APA, Valneva has 30 days from May 13, 2022 to obtain a marketing authorization or propose an acceptable remediation plan. The Company will work with the EC and the participating EC member states to agree to a remediation plan and to make VLA2001 available to those member states who still wish to receive it. If the EC ultimately terminates the APA, Valneva will not be required to return the down payments received since Valneva has committed the full amount of those down payments and the APA does not require reimbursement of such payments under these circumstances. Based on the outcome of the discussions with the EC and the relevant member states, Valneva will reconsider its full-year 2022 financial guidance.
Further, the company announced, that the United Arab Emirates (UAE) granted emergency use authorization for Valneva’s inactivated, adjuvanted COVID-19 vaccine, VLA2001.
Valneva: weekly performance: -0.38%

Andritz: International technology group Andirzt has received an order from the Spanish pulp and paper producer Papelera Guipuzcoana de Zicuñaga to deliver a new LimeFlash-H lime kiln for its pulp mill in Hernani, Spain. Start-up of the new lime kiln is scheduled for the second half of 2023. The Andritz LimeFlash-H is a completely new feed end technology for maximizing the efficiency of the lime kiln and with focus on further increasing the capacity of the lime kiln while reducing energy consumption at the same time. This next-generation LimeFlash-H technology consists of a 2-cyclone system combined with Andritz state-of-the-art LimeFlash feed end technology. This provides maximum benefit as the heat recovered efficiently from the flue gas can be used to preheat lime mud.
Andritz: weekly performance: -0.24%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (16/05/2022)



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