Valneva surges after EU regulator validates Lyme disease vaccine application
PFE•EU validation lifts Valneva shares
French vaccine maker Valneva VLS.PA jumps 15.6% after the European Medicines Agency validated the marketing application for its Lyme disease vaccine candidate, developed with partner Pfizer PFE.N.
The validation marks a key regulatory milestone for the Lyme programme, which Kempen analysts describe as "the key" driver of the investment case.
The broker had flagged a potential filing by Pfizer during H2 2026 as a critical near-term catalyst, with a possible U.S. approval decision expected in H2 2027.
Kempen notes that Pfizer's latest commentary "continues to signal optimism on the vaccine candidate's prospects of approval".
The shares are on track for their best day since August 2025 if the gains hold.



