French specialty vaccine company Valneva (Euronext: VLA) today announced the appointment of Dipal Patel as chief commercial officer (CCO) and management board member.
With this newly created role, Valneva said it is strengthening its management team with a recognized commercial industry leader as the company advances its chikungunya vaccine candidate towards potential market entry in 2023. Valneva has estimated that the market for chikungunya vaccines will reach a value of $500 million by 2032.
A late-comer in the race to develop coronavirus vaccines, Valneva recently announced it has suspended manufacturing of VLA2001 and is exploring strategic options.
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