Emergent BioSolutions(EBS)

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Emergent BioSolutions Reports First Quarter 2025 Financial Results
GlobeNewswire· 2025-05-07 20:05
First Quarter 2025 Total Revenues of $222.2 million, decrease of 26% versus prior yearFirst Quarter 2025 Net Income of $68.0 million, increase of 656% versus prior yearFirst Quarter 2025 Gross Margin % of 50% and Adjusted Gross Margin % of 58%, an expansion of 500 bps and 700 bps, respectively, versus prior yearFirst Quarter 2025 Adjusted EBITDA of $77.6 million, increase of 16% versus prior yearFirst Quarter 2025 Adjusted EBITDA Margin of 35% of Total Revenues, an improvement of 1,300 bps versus prior year ...
Emergent BioSolutions Reinforces Commitment to Opioid Emergency Preparedness Efforts in Canada Through Multi-Year Contract with Ontario Ministry of Health
GlobeNewswire· 2025-05-01 21:07
Core Points - Emergent BioSolutions Inc. has entered a three-year agreement valued at approximately $65 million to supply NARCAN Nasal Spray to the Ontario Ministry of Health for the Ontario Naloxone Program [1] - The agreement aims to enhance access to NARCAN Nasal Spray, which is critical for reversing opioid overdoses, especially given the ongoing opioid crisis in Ontario [2][3] Company Overview - Emergent BioSolutions has been supplying NARCAN Nasal Spray to Ontario since 2018, demonstrating a long-term commitment to addressing opioid poisoning deaths in Canada [1][3] - The company emphasizes the importance of making life-saving medications available to individuals at risk of opioid overdose and their communities [3][4] Industry Context - From January to March 2025, Ontario reported 653 suspected drug-related fatalities, averaging 7 deaths per day, although there was a 30% decrease in overdose deaths compared to the same period in the previous year [2] - The Ontario Naloxone Program is crucial for providing access to naloxone, a life-saving medication, to those at risk of opioid overdose [4]
Emergent BioSolutions Announces Stock Repurchase Program
GlobeNewswire· 2025-03-31 12:00
GAITHERSBURG, Md., March 31, 2025 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE: EBS) today announced that its Board of Directors has authorized the repurchase of up to $50 million of the company's common stock on or before March 27, 2026. About Emergent BioSolutions There are a number of important factors that could cause the company's actual results to differ materially from those indicated by such forward-looking statements. Readers should consider this cautionary statement, as well as the risk fa ...
Emergent BioSolutions New Hire Equity Grant Under NYSE Rule 303A.08
Newsfilter· 2025-03-20 20:30
GAITHERSBURG, Md., March 20, 2025 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE:EBS), a leading public health company that delivers protective and life-saving solutions to communities across the world, today announced that its Compensation Committee has granted an equity award to a newly hired employee under its 2023 Inducement Plan (the "Inducement Plan"). The employee will receive an award of restricted stock units and stock options representing 72,882 shares of Emergent common stock (the "Equity A ...
Hikma announces Health Canada approval of KLOXXADO® (naloxone HCl) Nasal Spray 8 mg
GlobeNewswire· 2025-03-20 12:06
Emergent BioSolutions will lead commercial launch efforts to increase access to intranasal naloxone and combat opioid overdose poisonings in CanadaLONDON and GAITHERSBURG, Md., March 20, 2025 (GLOBE NEWSWIRE) -- Hikma Pharmaceuticals PLC (Hikma, Group), the multinational generic pharmaceutical company, announces the approval of KLOXXADO® (naloxone HCl) Nasal Spray 8 mg, by Health Canada for the treatment of known or suspected opioid overdose, as manifested by respiratory and/or central nervous system depres ...
Emergent BioSolutions Finalizes Sale of Baltimore-Bayview Manufacturing Site to Syngene International
GlobeNewswire· 2025-03-19 20:30
Core Insights - Emergent BioSolutions Inc. has completed the sale of its Baltimore-Bayview drug substance manufacturing facility to Syngene International for approximately $36.5 million, subject to customary post-closing adjustments [1][2] - The sale allows Emergent to streamline operations while retaining rights to secure manufacturing services and capacity at the facility for future growth and pandemic response production in collaboration with Syngene [2][3] - The CEO of Emergent stated that this deal positions the company well for executing turnaround initiatives and driving sustainable, long-term growth [3] Company Overview - Emergent BioSolutions has been active for over 25 years, focusing on delivering protective and life-saving solutions for various health threats, including smallpox, mpox, botulism, Ebola, anthrax, and opioid overdose emergencies [4]
Emergent BioSolutions Announces Approximately $27 Million in Incremental Sales to Supply International Customers with Five Critical Medical Countermeasure Products
Newsfilter· 2025-03-18 12:00
Core Insights - Emergent BioSolutions Inc. has secured approximately $27 million in international orders for its medical countermeasures (MCM) portfolio, aimed for delivery in 2025, addressing threats like smallpox and anthrax [1][2] - The company emphasizes its role as a trusted partner in supplying medical countermeasures globally, supporting health preparedness efforts [2] - Emergent is focused on international expansion and strengthening health preparedness as part of its multi-year transformation plan [2][3] Company Overview - Emergent BioSolutions has over 25 years of experience in preparing for public health threats, providing solutions for various health emergencies including smallpox, anthrax, and Ebola [3] - The company aims to protect and save lives by delivering life-saving solutions and enhancing community preparedness against health challenges [3] Market Position - The types and quantities of medical countermeasures maintained in stockpiles depend on population needs, available products, and government resources [2]
Emergent BioSolutions Reinforces its Commitment to Expanding Access to NARCAN® Nasal Spray by Supporting Organizations with New Opioid Overdose Preparedness Programs
Newsfilter· 2025-03-13 12:29
NYC Building & Construction Industry Safety Fund program will equip local workers, contractors and staff with NARCAN® Nasal Spray and provide trainings on how to administer the life-saving medicineLeading mental health and addiction treatment services provider, Pathway Healthcare, breaks down stigma and access barriers by making NARCAN® Nasal Spray available in all Mississippi locations GAITHERSBURG, Md., March 13, 2025 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE:EBS) is strengthening relationship ...
Emergent BioSolutions and Rocketvax Announce Investment Agreement and Pursuit of a Strategic Relationship for Next-Generation Product Candidates
GlobeNewswire· 2025-03-12 12:00
GAITHERSBURG, Md. and BASEL, Switzerland, March 12, 2025 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE: EBS), a leading public health company that delivers protective and life-saving solutions to communities across the world, and Rocketvax Ltd, one of Switzerland’s next-generation vaccine companies and a member of the Swiss Rockets Ltd family of companies, today announced entry into an agreement for Emergent’s strategic financial investment into Swiss Rockets Ltd, the parent company of Rocketvax Ltd, ...
Emergent BioSolutions Announces Sale of Baltimore-Bayview Manufacturing Site to Syngene International
Newsfilter· 2025-03-10 13:14
GAITHERSBURG, Md., March 10, 2025 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE:EBS) today announced that it has entered into an agreement to sell its Baltimore-Bayview drug substance manufacturing facility to Syngene International, a leading global contract research, development, and manufacturing organization, for a total value of $36.5 million. The Bayview site includes manufacturing, laboratory, warehousing and office space, and is fitted with multiple monoclonal antibody (mAbs) manufacturing lin ...