Emergent BioSolutions(EBS)
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Emergent BioSolutions to Present at the 43rd Annual J.P. Morgan Healthcare Conference on January 15, 2025
GlobeNewswire· 2025-01-08 12:45
GAITHERSBURG, Md., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Emergent BioSolutions (NYSE: EBS), a leading public health company that delivers protective and life-saving solutions to communities across the world, today announced that Joe C. Papa, president and chief executive officer, will present at the 43rd Annual J.P. Morgan Healthcare Conference on Wednesday, January 15, 2025, at 1:30 PM PST. The audio link for Emergent's session may be accessed here and will be live for up to 30 days. The company’s slides will ...
Emergent BioSolutions Announces Exercise of $20 Million Option to Supply U.S. Department of Defense with BioThrax® (Anthrax Vaccine Adsorbed)
GlobeNewswire· 2025-01-08 12:30
GAITHERSBURG, Md., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE: EBS) today announced the exercise of contract option and modification valued at approximately $20 million to supply BioThrax® (Anthrax Vaccine Adsorbed) to the U.S. Department of Defense (DoD). The first delivery, which was valued at approximately $7 million began in December 2024, and remaining deliveries are expected in 2025. “We’re pleased to continue our work with the U.S. Department of Defense to supply BioThrax® to ...
Why Emergent BioSolutions Stock Blasted Higher Today
The Motley Fool· 2024-12-30 22:26
Company Overview - Emergent BioSolutions (EBS) stock gained nearly 12% on the day following an analyst's initiation of coverage, contrasting with the S&P 500's 1% decline [2] - H C Wainwright's Raghuram Selvaraju initiated coverage with a buy recommendation and a price target of $15 per share, which is 62% higher than the stock's current level [3] - The company is well positioned to be a frontline player in potential future healthcare emergencies due to its diversified offerings [4][6] Business Segments - The company's vaccines business includes jabs for monkeypox and smallpox, with monkeypox recently highlighted as a potential global healthcare threat [1] - Emergent's Narcan opioid reversal spray is expected to continue experiencing heavy demand due to the ongoing opioid epidemic in the U S [5] Analyst Perspective - Raghuram Selvaraju views Emergent as well diversified across several medical segments with strong growth potential [5] - The analyst's positive outlook on the company's diversification makes the stock a worthy consideration for investment [6]
Emergent Stock Skyrockets 251% YTD: How to Play the Stock?
ZACKS· 2024-12-27 14:35
Shares of Emergent BioSolutions (EBS) have more than doubled in market cap so far this year, outperforming the industry’s 13% decline, as seen in the chart below. This surge in stock price started earlier this year after management announced several strategic changes to enhance profitability and stabilize its financial position. During the same period, the stock has also outperformed the broader Medical sector and the S&P 500. It is currently trading above its 200-day moving average.EBS Stock Outperforms In ...
Emergent BioSolutions Receives $50 Million Contract Option from BARDA to Procure Doses of CYFENDUS® (Anthrax Vaccine Adsorbed, Adjuvanted)
Newsfilter· 2024-12-16 13:00
GAITHERSBURG, Md., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE:EBS) today announced that the Biomedical Advanced Research and Development Authority (BARDA) within the Administration for Strategic Preparedness and Response (ASPR) at the U.S. Department of Health and Human Services has awarded a $50 million option to Emergent's existing contract (HHSO100201600030C) for the acquisition of CYFENDUS® (Anthrax Vaccine Adsorbed, Adjuvanted). Deliveries are expected to begin this calendar yea ...
Why Emergent BioSciences Stock Plummeted Today
The Motley Fool· 2024-12-03 23:47
Emergent BioSolutions (EBS -5.59%) saw its shares tumble on Tuesday, due to news of a share sell-off. The vaccine maker divulged in a regulatory filing that several institutional share and warrant holders are selling such securities. Investors reacted by trading Emergent's stock down by almost 6%, on a day when the S&P 500 (^GSPC 0.05%) more or less flatlined.Unloading shares and exercising warrantsThe selling parties are mainly entities affiliated with OHA Agency, a business that provided a $250 million te ...
Emergent BioSolutions: Stock Surging Post Q3 Earnings Thanks To Papa Magic
Seeking Alpha· 2024-11-08 14:25
If you like what you have just read and want to receive at least 4 exclusive stock tips every week focused on Pharma, Biotech and Healthcare, then join me at my marketplace channel, Haggerston BioHealth . Invest alongside the model portfolio or simply access the investment bank-grade financial models and research. I hope to see you there.Emergent BioSolutions (NYSE: EBS ), the Gaithersburg, Maryland headquartered biotech reported its Q3 earnings on Wednesday 6th November, after the bell, leading to a 20% su ...
Mpox Vaccine Player Emergent BioSolutions Stock Jumps On Upbeat Annual Forecast, Expects Smaller Losses In 2024
Benzinga· 2024-11-07 19:06
On Thursday, Emergent BioSolutions Inc. EBS stock is trading higher on mixed third-quarter earnings and a new mpox trial in Africa.The company reported third-quarter sales of $293.8 million, up 9% year over year, with the management guidance of $265 million–$315 million, and missing the consensus of $297.5 million.The company reported an adjusted EPS of $1.37, a turnaround from a loss of $1.09 a year ago, beating the consensus of $0.14.Revenues from Narcan (naloxone HCl) Nasal Spray decreased 33% to $95.3 m ...
New Strong Buy Stocks for November 7th
ZACKS· 2024-11-07 11:31
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Moody's Corporation (MCO) : This integrated risk assessment firm has seen the Zacks Consensus Estimate for its current year earnings increasing 6.3% over the last 60 days.Emergent BioSolutions Inc. (EBS) : This life sciences company has seen the Zacks Consensus Estimate for its current year earnings increasing 34.3% over the last 60 days.LivaNova PLC (LIVN) : This medical device company has seen the Zacks Consensus Estimate for its curr ...
Emergent BioSolutions(EBS) - 2024 Q3 - Earnings Call Transcript
2024-11-07 03:08
Emergent BioSolutions Inc. (NYSE:EBS) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants Frank Vargo – Assistant Treasurer Joe Papa – President and Chief Executive Officer Rich Lindahl – Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Brandon Fox – Brodmann and Renshaw Operator Thank you for standing by. My name is Kris and I will be your conference operator today. At this time, I would like to welcome everyone to the Q3 2024 Emerge ...