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The phrase "a very favorable" is correct and usable in written English.
It can be used to describe a situation, condition, or opinion that is highly positive or advantageous.
Example: "The committee received a very favorable report on the proposed project, which encouraged them to move forward."
Alternatives: "a highly positive" or "an extremely advantageous".
Exact(60)
"It's a very favorable development".
"And it's a very favorable one indeed".
"It was a very favorable settlement," Mr. Lan said.
"We got a very favorable deal," Dewey Dufresne said.
"It's a very favorable development," said Dr. Brian Collins, a radiation oncologist at Georgetown Hospital.
"He did leave a very favorable impression as an authentic person," Dix said.
"We offered them a four-year contract at a very favorable number.
He agreed, and I negotiated a very favorable plea bargain of three years in prison.
I met with a recruiter in White Plains; she didn't give me a very favorable response.
And that included a very favorable matchup with Jacksonville's 25th-ranked run defense last week.
In 1980, the naira had a very favorable exchange rate against the dollar.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com