Emergent Biosolutions shares are trading higher after the company was awarded a 10-year BARDA contract for the 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 its share prices.
August 04, 2023 | 9:59 am
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Emergent Biosolutions' stock is trading higher after securing a 10-year contract from BARDA for Ebola treatment development.
The news of Emergent Biosolutions securing a 10-year contract from BARDA for the development of an Ebola treatment is a significant positive development for the company. This long-term contract not only provides a steady revenue stream but also enhances the company's reputation in the biotech industry. This is likely to have a positive impact on the company's stock in the short term.
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