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Stock impact report

Emergent BioSolutions to Acquire Specialty Vaccines Company PaxVax

Emergent Biosolutions, Inc. (EBS) 
Last emergent biosolutions, inc. earnings: 4/30 04:08 pm Check Earnings Report
US:NYSE Investor Relations: investors.emergentbiosolutions.com
Company Research Source: GlobeNewswire
Adds two revenue-generating FDA-licensed vaccines that protect against cholera and typhoid fever, both with dual-market potentialBroadens development pipeline with an adenovirus 4/7 vaccine funded by the DoD for military requirements as well as other programs addressing emerging infectious diseases for both commercial and government marketsExpands sales capabilities with the addition of global specialty salesforce and marketing and distribution partners focused on the travelers marketEstablishes international manufacturing footprint and provides opportunities for growth of CDMO business with European-based cGMP biologics facilitiesAll-cash transaction of $270 millionExpected to generate revenues of $70 million to $90 million in 2019 and be accretive by year-end 2019 GAITHERSBURG, Md., Aug. 09, 2018 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE: EBS) announced today that it has entered into an agreement to acquire PaxVax, a company focused on specialty vaccines that protect a Show less Read more
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