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Emergent BioSolutions Continues to Drive Improved Financial Position as Part of Multi-Year Transformation Plan
GlobeNewswire News Room· 2024-07-09 19:30
GAITHERSBURG, Md., July 09, 2024 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE: EBS) today highlights several recent advancements in improving its financial health, marked by robust cash generation and meaningful debt repayment. As set forth in its operational plan to transform the company over the next several years, Emergent is diligently executing its strategy to enhance operational efficiency, streamline costs, and generate cash to increase profitability and reduce the company's overall debt. Thi ...
Why Is Vaccine Maker Emergent BioSolutions Stock Trading Higher On Tuesday?
Benzinga· 2024-07-03 00:53
Loading... Loading... Nvidia Corp NVDA is trading lower Tuesday amid reports that the company faces antitrust charges from French regulators. These charges follow dawn raids conducted last September, which resulted in formal objections and a charge sheet against Nvidia. Meanwhile, on a positive note, Nvidia supplier Taiwan Semiconductor Manufacturing Co TSM plans to significantly boost its capital expenditures in 2025 due to high demand and progress in its 2nm technology. Industry reports indicate TSMC's ca ...
Emergent BioSolutions Awarded $250+ Million in Contract Modifications to Supply U.S. Government with Four Critical Medical Countermeasure Products
Newsfilter· 2024-07-02 20:13
The four awards include: "Securing multiple contract modifications with the U.S. government for our medical countermeasure products affirms that Emergent is a trusted biodefense partner, and also demonstrates the strength and sustainment of our product portfolio," said Paul Williams, senior vice president, products head at Emergent. "As part of our longstanding public-private partnership, we stand ready to continue fulfilling preparedness priorities and stockpiling efforts in the U.S. and abroad." Indicatio ...
Emergent BioSolutions Awarded $250+ Million in Contract Modifications to Supply U.S. Government with Four Critical Medical Countermeasure Products
GlobeNewswire News Room· 2024-07-02 20:13
The four awards include: "Securing multiple contract modifications with the U.S. government for our medical countermeasure products affirms that Emergent is a trusted biodefense partner, and also demonstrates the strength and sustainment of our product portfolio," said Paul Williams, senior vice president, products head at Emergent. "As part of our longstanding public-private partnership, we stand ready to continue fulfilling preparedness priorities and stockpiling efforts in the U.S. and abroad." Indicatio ...
Emergent BioSolutions Announces Sale of Baltimore-Camden Manufacturing Site to Bora Pharmaceuticals for $30 Million
Newsfilter· 2024-06-20 19:00
"The decision to sell our Camden manufacturing facility is aligned with our multi-year plan to create a customer focused, leaner and more flexible organization, while we improve overall profitability and raise capital to reduce our debt," said Joe Papa, President and CEO at Emergent. "We are grateful to our dedicated colleagues who have embodied Emergent's mission to protect and enhance life by delivering on our customers' commitments. We are working to ensure a smooth transition to Bora, especially for our ...
Emergent BioSolutions Continues Driving Progress Against the Opioid Epidemic & Recognizes National Naloxone Awareness Day
Newsfilter· 2024-06-06 21:02
文章核心观点 - 公司致力于通过提高对纳洛酮的认知和可及性来应对美国的阿片类药物危机 [1][2][3][4] - 公司最近开展的一项民意调查显示,虽然大多数受访者知道纳洛酮可以逆转芬太尼导致的过量,但仍有一些群体对此认知不足,需要继续加强教育 [5][6][7] - 公司自2016年推出NARCAN®鼻喷剂以来,已经在美国和加拿大分发了约6400万剂,并将继续确保供应充足以满足预期的需求增长 [3][4] 根据目录分别总结 公司概况 - 公司成立25年,致力于应对复杂和紧迫的公共卫生威胁,提供疫苗和治疗药物 [11] - 公司计划到2030年保护或改善10亿人的生命 [11] 产品概况 - NARCAN®鼻喷剂是FDA批准的首个非处方用于紧急治疗阿片类药物过量的纳洛酮产品 [8][9] - 该产品自2016年推出以来,在美国和加拿大已分发约6400万剂,2023年公司交付了约2200万剂 [3] 行业动态 - 尽管美国阿片类药物相关死亡率在2023年首次出现年度下降,但芬太尼中毒仍在持续上升,2023年仍有超过10万人死于可预防的阿片类药物过量 [1] - 公司与白宫国家毒品管制政策办公室合作,共同努力提高对拯救生命的阿片类药物过量逆转药物的培训和获取 [2]
Emergent BioSolutions Continues Driving Progress Against the Opioid Epidemic & Recognizes National Naloxone Awareness Day
GlobeNewswire News Room· 2024-06-06 21:02
Naloxone is a medication that rapidly reverses the effects of opioid overdose and is the standard of care for opioid overdose reversal in a community setting New topline survey findings reinforce the need for continued education on naloxone While recent data from the Centers for Disease Control and Prevention (CDC) found a first annual decrease in opioid-related deaths since 2018 in the U.S., fentanyl poisonings are still on the rise and over 100,000 lives were still lost to preventable opioid overdose deat ...
Emergent BioSolutions to Hold Virtual Annual Meeting of Stockholders on Thursday, May 23, 2024
Newsfilter· 2024-05-10 19:17
GAITHERSBURG, Md., May 10, 2024 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE:EBS) announced today that its 2024 Annual Meeting of Stockholders will be held in a virtual-only format via live audio webcast on Thursday, May 23, 2024 at 9:00 am eastern time. HOW TO PARTICIPATE IN THE VIRTUAL ANNUAL MEETINGAs described in the annual proxy statement, stockholders of record are eligible to participate in and ask questions during the Virtual Annual Meeting. Visit this webpage and enter the 16-digit Control ...
Emergent BioSolutions Layoffs 2024: What to Know About the Latest EBS Job Cuts
InvestorPlace· 2024-05-02 23:13
Emergent BioSolutions (NYSE:EBS) layoffs are in the news as the life sciences company prepares to cut jobs and close down certain facilities.According to a release from Emergent BioSolutions, these layoffs will affect 300 of its employees. The company also says that it will be closing 85 open positions that are currently vacant.The job cuts will also see Emergent BioSolutions close down two of its locations. That includes its Baltimore-Bayview Drug Substance manufacturing facility and Rockville, Maryland Dr ...
Emergent BioSolutions(EBS) - 2024 Q1 - Earnings Call Transcript
2024-05-02 09:38
财务数据和关键指标变化 - 第一季度总收入为3亿美元,同比增长83%,主要来自NARCAN、炭疽疫苗、天花疫苗和BAT [15] - 总分部调整毛利率为51%,上年同期为5% [15] - 调整后EBITDA为6700万美元,上年同期为负1.02亿美元 [15] - 调整后净收益为3100万美元,上年同期为负1.63亿美元 [15] 各条业务线数据和关键指标变化 - 商业分部收入为1.18亿美元,全部来自NARCAN,毛利率为56% [18] - 医疗防护措施分部收入为1.55亿美元,主要来自炭疽、天花和BAT,毛利率为60% [18] - 服务分部收入为1800万美元,毛利率为负12% [18] 各个市场数据和关键指标变化 - NARCAN在美国公共利益渠道和加拿大市场表现强劲 [34] - 自OTC上市以来,NARCAN已在大型药店、杂货店和电商平台上架销售 [34] - 公司推出了narcanworkplace.com直接订购平台,与国家安全委员会等新合作伙伴合作,推广NARCAN在工作场所的使用 [34] 公司战略和发展方向及行业竞争 - 公司正在进行精简和优化,关闭部分制造基地,聚焦兰辛和温尼伯两大核心制造基地,预计可实现8000万美元的年度成本节约 [20] - 公司正在寻找首席科学官,整合公司的科技创新工作,为长期产品管线发展奠定基础 [32] - 公司将继续专注于抗炭疽、天花、肉毒杆菌等关键公共卫生领域,并计划进一步拓展国际市场 [39][40] - 公司预计NARCAN市场份额将受到仿制药竞争的影响,但整体市场需求仍将持续增长 [33][47] 管理层对经营环境和未来前景的评论 - 公司已与主要政府客户进行了多次会谈,加强了沟通和合作,提高了对未来采购需求的可见性 [11] - 公司与银行集团达成新的信贷协议,延长了执行业务计划和稳定财务状况的时间 [11] - 公司有信心通过精简和优化,实现更加稳定的经营业绩和盈利能力 [20][41] - 公司看好NARCAN在公共利益渠道和零售OTC渠道的长期增长前景,以及医疗防护措施业务的发展机遇 [33][38][40] 问答环节重要的提问和回答 问题1 **Nick 提问** 询问NARCAN销售在公共利益渠道和OTC渠道的具体占比,以及对未来可能出现的仿制药竞争的看法 [44] **Rich Lindahl 和 Paul Williams 回答** - 目前NARCAN销售仍以公共利益渠道为主,OTC渠道销售正在逐步增加 [45] - 公司预计未来会有更多竞争对手进入,但凭借NARCAN品牌优势、分销能力和制造能力,仍有信心实现预期增长 [46][47] 问题2 **Nick 提问** 询问提高医疗防护措施业务收入指引的原因 [48] **Rich Lindahl 回答** - 主要是由于公司与政府客户的沟通更加顺畅,对CYFENDUS等产品的采购需求有了更清晰的预期 [49] 问题3 **Nick 提问** 询问公司选择关闭Bayview和Rockville两个制造基地的原因,以及是否有潜在买家 [50] **Joe Papa 回答** - 公司首先决定将兰辛和温尼伯作为核心制造基地,然后根据各基地的成本和灵活性等因素做出关闭决定 [51] - 公司确实收到了对一个较小的制造基地的多个收购意向,未来可能会有更多消息披露 [52]