** Shares of French biotech company Valneva VLS.PA rise around 7% after reporting strong efficiency and safety data for its Lyme disease vaccine candidate
** Kempen views the data as bolstering confidence in the vaccine's phase 3 development, calling the risk-reward profile "highly attractive"
** Broker says the results reveal a robust immune response and a favourable safety profile across all age groups six months after receiving a booster dose
** Study confirms vaccine benefits when administered annually before Lyme disease season
(Reporting by Leo Marchandon)
((Leo.marchandon@thomsonreuters.com))