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Embecta Corp. - EMBC STOCK NEWS

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.

Rhea-AI Summary
Embecta Corp. will ring the Nasdaq opening bell to bring awareness to diabetes and celebrate 100 years of serving people with diabetes. Advocacy and professional groups are joining embecta at the Nasdaq MarketSite. 1 in 10 adults worldwide, an estimated 537 million people, live with diabetes.
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Embecta Corp. will host a conference call to discuss its fiscal fourth quarter and full year 2023 financial results, and provide an operational update, including preliminary fiscal year 2024 financial guidance, on November 21, 2023.
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Embecta Corp. to participate in fireside chat at Morgan Stanley Healthcare Conference
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FAQ

What is the current stock price of Embecta (EMBC)?

The current stock price of Embecta (EMBC) is $20.23 as of December 20, 2024.

What is the market cap of Embecta (EMBC)?

The market cap of Embecta (EMBC) is approximately 1.2B.

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.

Embecta Corp.

Nasdaq:EMBC

EMBC Rankings

EMBC Stock Data

1.18B
57.57M
0.47%
98.23%
3.07%
Medical Instruments & Supplies
Surgical & Medical Instruments & Apparatus
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United States of America
WILMINGTON