The Technology Fast 50 and Fast 500 initiatives reward the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private – in France and the EMEA region. Award winners are selected for demonstrating innovation, leadership, and rapid revenue growth over their last four years of operations.
Laurent Halfon, Deloitte Partner and country manager of the Technology Fast 50 program in France, commented, “The Technology Fast 50 ranking promotes companies like Valneva which reflect the incredible drive for innovation and added value creation of French entrepreneurs. Already in its 16th edition, the Technology Fast 50 France ranking has become a true reference for French and international investors. We are proud to see Valneva among the winners for 2016.”
Thomas Lingelbach, President and CEO, and Franck Grimaud, Deputy CEO of Valneva, added, “This award underpins the underlying rationale of Valneva´s strategy focused on growing revenues through a combination of organic and strategic growth while continuing to invest in promising Research & Development programs and activities.”
Following a strong business performance in the first nine months of 2016, Valneva recently increased its financial guidance and expects revenues between €95 and €100 million in 2016 and an EBITDA profit of €1-5 million. Valneva will continue to build commercial and R&D value in the coming years and expects to grow its revenues to approximately €250 million by 2020.
Deloitte refers to Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms. In France, Deloitte SAS is the member firm of Deloitte Touche Tohmatsu Limited, and professional services are provided by its subsidiaries and affiliates.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte's approximately 244,000 professionals are committed to becoming the standard of excellence.
In France, Deloitte calls on diversified expertise to meet the challenges of its clients of all sizes from all industries - major multinationals, local micro-companies and medium-sized enterprises. With the expertise of its 10,300 professionals and partners, Deloitte is a leading player in audit, risk advisory, consulting, financial advisory, tax & legal and accounting, based on a multidisciplinary offering and a set of action principles attuned to the requirements of our environment. More information is available at www.deloitte.com.
About Deloitte Technology Fast 500 TM EMEA
The Deloitte Technology Fast 500 EMEA programme is the region’s most objective EMEA region industry-ranking to focus on the technology field, recognising tewchnology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East, and Africa.
Combining technology innovation, entrepreneurship and rapid growth, Fast 500 companies span a variety of industry sectors, and are leaders in hardware, software, communications, media, life sciences and clean technology.
The programme is supported by the Deloitte Technology Fast 50 initiatives, which rank high growth technology companies by location or specifically defined geographic area and is run by the Deloitte Touche Tohmatsu Limited’s Technology. More information on the programme and winners is available on www.deloitte.com/fast500emea
About Valneva SE
Valneva is a fully integrated vaccine company that specializes in the development, manufacture and commercialization of innovative vaccines with a mission to protect people from infectious diseases through preventative medicine.
The Company seeks financial returns through focused R&D investments in promising product candidates and growing financial contributions from commercial products, striving towards financial self-sustainability.
Valneva’s portfolio includes two commercial vaccines for travelers: IXIARO®/JESPECT® indicated for the prevention of Japanese encephalitis and DUKORAL® indicated for the prevention of cholera and, in some countries, prevention of diarrhea caused by ETEC. The Company has proprietary vaccines in development including candidates against Clostridium difficile and Lyme Borreliosis. A variety of partnerships with leading pharmaceutical companies complement the Company’s value proposition and include vaccines being developed using Valneva’s innovative and validated technology platforms (EB66® vaccine production cell line, IC31® adjuvant).
Valneva is listed on Euronext-Paris and the Vienna stock exchange and has operations in France, Austria, Great Britain, Sweden, Canada and the US with over 400 employees. More information is available at www.valneva.com.