Welcome to our dedicated page for Emergent Biosolutions news (Ticker: EBS), a resource for investors and traders seeking the latest updates and insights on Emergent Biosolutions stock.
Emergent BioSolutions Inc (NYSE: EBS) is a leader in developing medical countermeasures for public health threats, with a focus on biodefense and emergency response solutions. This page provides investors and stakeholders with centralized access to official press releases, regulatory updates, and strategic developments from the life sciences innovator.
Discover timely updates on key initiatives including NARCAN distribution, government contract awards, and advancements in vaccine manufacturing. Our curated news collection covers earnings reports, partnership announcements, and progress on treatments addressing biological threats like anthrax and smallpox.
Stay informed about Emergent's role in global health security through updates on FDA submissions, manufacturing facility expansions, and collaborations with agencies like BARDA. Content is organized chronologically for easy tracking of operational milestones and financial performance.
Bookmark this page for direct access to verified corporate communications and analysis of how EBS navigates complex regulatory environments while maintaining its position as a critical partner in national preparedness programs.
Emergent BioSolutions has announced a research award from the U.S. Department of Defense to evaluate the efficacy of its single-dose chikungunya virus vaccine candidate. The collaboration involves the Armed Forces Research Institute of Medical Sciences to conduct a Phase 3b clinical study assessing the vaccine's effectiveness in areas with active chikungunya transmission. The initiative is backed by a $10 million budget for planning and clinical phases, supporting the aim to combat chikungunya, a significant public health threat.
Emergent BioSolutions (NYSE: EBS) reported Q3 2022 financial results, revealing total revenues of $240 million, a decline of 27% compared to Q3 2021. The company faced a net loss of $75.7 million and adjusted EBITDA of $(15.2 million. Product sales fell 31% year-over-year, driven by decreased sales of nasal naloxone and ACAM2000. Despite challenges, the acquisition of TEMBEXA and ongoing clinical trials for vaccine candidates show potential for future growth. The revised 2022 financial outlook projects total revenues between $1.05 billion and $1.1 billion.
Emergent BioSolutions (NYSE:EBS) announced positive Phase 2 results for its chikungunya virus vaccine candidate. The study included 60 healthy adults, showing that the vaccine was well-tolerated and immunogenic in both vaccine-naïve participants and those previously vaccinated against other alphavirus vaccines. Notably, the seroconversion rate was 100% in both groups. The findings were presented at the ASTMH annual meeting, highlighting the potential utility of the vaccine for U.S. military personnel facing heightened exposure risks. Currently, there are no approved vaccines for chikungunya disease.
Emergent BioSolutions (NYSE: EBS) has scheduled a conference call for November 8, 2022, at 5:00 PM ET to review its Q3 2022 financial results, recent business developments, and 2022 financial outlook. Investors can join via webcast or by phone after registering. A replay will be accessible on the company’s investor page. Emergent BioSolutions focuses on defending public health threats through vaccines and therapeutics and aims to enhance the lives of one billion people by 2030.
Emergent BioSolutions (NYSE: EBS) has successfully acquired exclusive worldwide rights to TEMBEXA® (brincidofovir) from Chimerix. The FDA-approved antiviral, indicated for smallpox treatment in all age groups, enhances Emergent's medical countermeasure portfolio. The acquisition follows regulatory approvals, including BARDA's consent for a $680 million contract covering up to 1.7 million treatment courses. Emergent's initial payment is $238 million, with additional milestone and royalty payments based on U.S. and international sales.
Emergent BioSolutions (NYSE: EBS) has commenced dosing the first participant in a Phase 1 clinical trial of EBS-LASV, a VSV-vectored vaccine aimed at combating Lassa virus infections. The study, co-funded by CEPI, will assess the vaccine's safety and immunogenicity in around 36 healthy adults in Ghana. Dr. Kelly Warfield emphasized the company's commitment to addressing public health threats, while CEPI highlighted the urgency of developing solutions against Lassa fever, which currently lacks approved vaccines or treatments.
Emergent BioSolutions (NYSE: EBS) announced participation in several investor conferences in August and September 2022. Key events include the 12th Annual Midwest IDEAS Investor Conference on August 24, a fireside chat at the Wells Fargo 2022 Healthcare Conference and Leveraged Finance Conference on September 8, and the Morgan Stanley 20th Annual Global Healthcare Conference from September 12-14. Webcast presentations will cover recent business developments and financial results, available live and on replay from the Emergent website.
Emergent BioSolutions (NYSE: EBS) reported Q2 2022 results with total revenues of $242.7 million, down 39% year-over-year. Net loss reached $56.4 million, marking a significant decline from the prior year's profit of $4.6 million. Adjusted EBITDA stood at $(28.8) million, down from $49.5 million. The company executed an agreement to acquire TEMBEXA and announced an FDA review of its anthrax vaccine. For 2022, total revenue guidance has been set at $1.15 to $1.25 billion, with CDMO revenues projected at $105 to $125 million.
Emergent BioSolutions Inc. (NYSE: EBS) will host a conference call on August 1, 2022, at 5:00 PM ET to discuss its Q2 2022 financial results and provide revenue guidance for Q3 2022 and the full year. The call will cover recent business developments and financial outlook. Participants can join via webcast or telephone after registration. A replay will be available on Emergent's Investors page.
Emergent focuses on public health threats, developing vaccines and therapeutics, and offering contract development services.
Emergent BioSolutions (NYSE: EBS) has formed a collaboration with Ridgeback Biotherapeutics to enhance availability of Ebanga™ (Ansuvimab-zykl) for Ebola treatment. Emergent will manage manufacturing, sales, and distribution in the U.S. and Canada, while Ridgeback will ensure free access to patients in endemic regions through its compassionate use program. Ebanga™, FDA-approved since December 2020, is crucial for combating Ebola. The partnership emphasizes both companies' commitment to addressing public health threats and ensuring equitable access to life-saving treatments.
