Emergent Biosolutions shares are trading higher after the company announced it has received more than $250 million in contract modifications from the Administration for Strategic Preparedness and Response at the Department of Health and Human Services.
Portfolio Pulse from Benzinga Newsdesk
Emergent Biosolutions shares are trading higher after the company announced it has received more than $250 million in contract modifications from the Administration for Strategic Preparedness and Response at the Department of Health and Human Services.
July 02, 2024 | 1:57 pm
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Emergent Biosolutions shares are trading higher after the company announced it has received more than $250 million in contract modifications from the Administration for Strategic Preparedness and Response at the Department of Health and Human Services.
The significant contract modifications worth over $250 million from a major government department are likely to boost Emergent Biosolutions' revenues and investor confidence, leading to a positive short-term impact on the stock price.
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