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 (NYSE: EBS) announced a conference call scheduled for May 9, 2023, at 5:00 PM ET to discuss its first-quarter financial results, recent business developments, and revenue guidance for Q2 2023 and the full year.
Participants can join the call via webcast on Emergent's Investors page or register for telephone access to receive a confirmation email with dial-in details. A replay will be available on the same page.
Emergent focuses on protecting public health through vaccines and therapeutics, providing contract services to pharmaceutical firms. The company aims to enhance one billion lives by 2030.
Emergent BioSolutions (NYSE: EBS) has received FDA approval for NARCAN® Naloxone HCl Nasal Spray 4 mg, making it the first over-the-counter (OTC) naloxone spray in the U.S. This pivotal approval aims to combat the escalating opioid crisis, where someone dies from an overdose every eight minutes. NARCAN will be available without a prescription by late summer 2023. Since its launch in 2016, over 44 million doses have been distributed. The product retains its original formulation and strength, essential for reversing opioid effects. Emergent is committed to enhancing public health and facilitating access to life-saving treatments.
Emergent BioSolutions reported Q4 2022 revenues of $331 million, totaling $1.121 billion for FY 2022, in line with guidance. The company faced a net loss of $88 million for Q4 and $224 million for the full year. Adjusted EBITDA for Q4 was $34 million, with an adjusted gross margin of 48%. Looking ahead, Emergent projects FY 2023 revenues between $1.1 billion and $1.2 billion, with adjusted EBITDA expected to reach $100 million. The company anticipates improved operations and cost structures as it focuses on patient and customer priorities.
FAQ
What is the current stock price of Emergent Biosolutions (EBS)?
What is the market cap of Emergent Biosolutions (EBS)?
