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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100