Hogan Lovells advises Vivalis in relation to its cross-border merger with Intercell

Hogan Lovells has advised Vivalis, a French biopharmaceutical company, in relation to its cross-border merger with the Austrian vaccine-biotechnology company Intercell. A EUR 40 million capital increase is to be launched shortly after completion of the merger. The Fonds Stratégique d'Investissement (FSI) supports the merger and will participate in the capital increase.

Vivalis and Intercell merge to create the newly-named Valneva, a leading European biotechnology company specialised in vaccines and antibodies. Its headquarters will be located in Lyon and it shares listed on the regulated markets of NYSE Euronext Paris and the Vienna Stock Exchange.

Jean-Marc Franceschi, Equity Capital Markets corporate partner, and Arnaud Deparday, associate, advised on this transaction.

- ENDS –

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