Emergent Biosolutions shares are trading higher after the company was awarded a 10-year BARDA contract for development of an Ebola treatment.
Portfolio Pulse from Benzinga Newsdesk
Emergent Biosolutions has been awarded a 10-year contract by BARDA for the development of an Ebola treatment, leading to a rise in the company's shares.
July 31, 2023 | 9:50 pm
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Emergent Biosolutions' stock is trading higher following the announcement of a 10-year contract with BARDA for Ebola treatment development.
The announcement of a long-term contract with BARDA for the development of an Ebola treatment is a significant positive development for Emergent Biosolutions. This could potentially lead to increased revenues and profitability for the company in the future, which is likely why the stock is trading higher.
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