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EBS Emergent Biosolutions Inc

4.1299
0.2399 (6.17%)
Last Updated: 18:51:46
Delayed by 15 minutes
Share Name Share Symbol Market Type
Emergent Biosolutions Inc NYSE:EBS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.2399 6.17% 4.1299 4.51 3.84 3.88 7,704,319 18:51:46

Emergent BioSolutions Gets $704 Million Ebola Treatment Contract From the U.S.

31/07/2023 10:04pm

Dow Jones News


Emergent Biosolutions (NYSE:EBS)
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By Dean Seal

 

A wing of the U.S. Department of Health and Human Services has awarded Emergent BioSolutions a 10-year contract worth up to $704 million for the development and production of an Ebola virus treatment.

The Gaithersburg, Md.-based biotechnology company Monday that the contract comes from the Biomedical Advanced Research and Development Authority, which is part of the department's Administration for Strategic Preparedness and Response.

The contract calls for the advanced development, manufacturing scale-up and procurement of Ebanga, a licensed treatment for Ebola virus disease.

Shares rose 7.7% to $7.41 in after-market trading.

 

Write to Dean Seal at dean.seal@wsj.com

 

(END) Dow Jones Newswires

July 31, 2023 16:49 ET (20:49 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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