Emergent Biosolutions Inc (EBS)

[mlkrborn]

EBS $17 on government contract... Rises above 52 weeks low level. Emergent BioSolutions gets $1.25B vaccine order
Emergent BioSolutions says US finalizes order of 44.8M doses of anthrax vaccine for $1.25B
ap

Related Quotes
Symbol Price Change
EBS 17.18 +1.75

On Monday October 3, 2011, 8:57 am EDT

ROCKVILLE, Md. (AP) -- Emergent BioSolutions Inc. said Monday that the U.S. government is formally ordering 44.8 million doses of the company's BioThrax anthrax vaccine in an agreement worth as much as $1.25 billion over five years.

Emergent said deliveries of the vaccine will start in 2011, with 8.5 million doses delivered in the first contract year. The company said in May that the government was planning to make the order.

Shares of Emergent BioSolutions closed at $15.43 Friday and have traded between $14.90 and $26.41 over the last 12 months.