Welcome to our dedicated page for Embecta news (Ticker: EMBC), a resource for investors and traders seeking the latest updates and insights on Embecta stock.
Embecta Corp. (Nasdaq: EMBC) is a leading medical technology company, dedicated to developing innovative technologies, services, and solutions that advance clinical therapies for patients and enhance clinical processes for healthcare providers. The company’s core products include the BD Pyxis, PureWick, and Phasix, which have significantly impacted healthcare delivery and patient outcomes.
Embecta has recently celebrated an important milestone, marking 100 years since the development of the first syringe dedicated to insulin delivery. This heritage underscores its deep-rooted commitment to improving the lives of people with diabetes. Embecta’s global impact is further enhanced through partnerships with leading advocacy and professional groups, striving to raise awareness and provide better solutions for diabetes care.
Financially, Embecta has shown robust performance, consistently demonstrating strong revenue growth. The company's Board of Directors recently declared a quarterly cash dividend of $0.15 per share, payable on September 13, 2023. Embecta regularly evaluates its financial results on both a reported and Constant Currency basis to provide a clear picture of its operational performance, excluding the effects of currency fluctuations.
Embecta continues to spearhead significant projects and initiatives. For instance, its recent symposium at the Advanced Technologies & Treatments for Diabetes (ATTD) international conference showcased the company’s commitment to innovative insulin pump therapies for type 2 diabetes. Furthermore, Embecta has been proactive in responding to regulatory requirements like the EU MDR and GDPR, ensuring compliance while continuously improving its products and services.
With approximately 2,000 dedicated employees worldwide, Embecta leverages its rich legacy and innovative spirit to empower people with diabetes to live their best lives. Through strategic partnerships and a relentless focus on quality and reliability, Embecta remains at the forefront of diabetes care.
FAQ
What is the current stock price of Embecta (EMBC)?
The current stock price of Embecta (EMBC) is $18.63 as of January 21, 2025.
What is the market cap of Embecta (EMBC)?
The market cap of Embecta (EMBC) is approximately 1.1B.
What does Embecta Corp. specialize in?
Embecta Corp. is a medical technology company focused on developing innovative technologies, services, and solutions that advance clinical therapies for patients and enhance clinical processes for healthcare providers.
What are some of Embecta's key products?
Some of Embecta's key products include BD Pyxis, PureWick, and Phasix, which have significantly impacted healthcare delivery and patient outcomes.
How long has Embecta been involved in diabetes care?
Embecta has been involved in diabetes care for nearly 100 years, celebrating its legacy in insulin delivery solutions.
What recent financial milestone has Embecta achieved?
Embecta's Board of Directors declared a quarterly cash dividend of $0.15 per share, payable on September 13, 2023.
How does Embecta report its financial results?
Embecta reports its financial results on both a reported and Constant Currency basis to provide a clear picture of its operational performance, excluding the effects of currency fluctuations.
What strategic initiatives is Embecta currently focusing on?
Embecta focuses on innovative projects like insulin pump therapies for type 2 diabetes and compliance with regulatory requirements such as the EU MDR and GDPR.
How does Embecta contribute to diabetes awareness?
Embecta collaborates with leading advocacy and professional groups to raise awareness and provide better solutions for diabetes care.
Where are Embecta's main manufacturing operations located?
Embecta's main manufacturing operations for plastic insulin syringes are located in Holdrege, Nebraska.
How does Embecta support its workforce?
Embecta leverages the passion and expertise of its approximately 2,000 employees worldwide, supporting them through strategic initiatives and a focus on quality and reliability.
What is the significance of Embecta's recent symposium at ATTD?
The symposium highlighted the significance of insulin pump therapy for type 2 diabetes, showcasing Embecta's commitment to innovative diabetes care solutions.