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Valneva falls as UK regulator revokes Ixchiq vaccine authorisation

BUZZ-Valneva falls as UK regulator revokes Ixchiq vaccine authorisation

** Shares in Valneva VLS.PA fall over 6% after the French drugmaker said that marketing authorisation for its chikungunya Ixchiq vaccine had been revoked in the United Kingdom

** The decision by the Medicines and Healthcare products Regulatory Agency (MHRA) was based on a review of previous safety data, and it is not associated with newly identified safety signal, Valneva said

** No Ixchiq product remains on the UK market, however minimal sales impact is expected, it added

** The company has decided not to appeal the MHRA decision

** Shares are on track for their worst day in five months


(Reporting by Olivier Cherfan)

((olivier.cherfan@thomsonreuters.com))

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