from what i can gather its intended to be administered as pre-exposure protection for tick bite transmitted Lyme disease.
it states that the antigen its targeting is Outer Surface Protein A - and that the vaccine covers the six prevalent versions of OsP-A found in the Borrelia Burgdorferi sensu lato in USA and Europe ( sensu lato - means "in the broad sense" - ie the broader species that cause lyme disease) ( that would mean they believe it covers Borrelia Garinii or Alfezii) .
from memory this outer surface protein is expressed by the borrelia bacteria when living inside the tick - but the organism starts to cycle the outer surface proteins to others in its repertoire once inside its mammalian hosts and so may not express OSP-A once in chronically infected humans ( would have to recheck that)
so this would mean that the vaccine is expected to provide broad coverage for most species of borrelia that cause lyme disease - but mainly in terms of protection from getting a lasting infection - and might not be expected to do much for those already infected.
i see phase 3 trials as being a bit trickily given that they cannot deliberately infect humans who have been vaccinated to see what will happen - s presumably they will just have to have a large cohort and a long duration so they can compare disease outcomes from vaccinated persons in the cohort who become infected vs those that are not vaccinated. but given the time to symptoms can be months if not years - and can be highly variable in presentation - this could take some untangling
interesting though -
more info here
https://www.pfizer.com/news/press-release/press-release-detail/valneva-and-pfizer-report-further-positive-phase-2-data