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Contract manufacturing revenues up 20% in the quarter
November 9, 2015
By: Kristin Brooks
Managing Editor, Contract Pharma
Emergent BioSolutions 3Q Revenues: $164.9 million (+20%) 3Q Earnings: $36.9 million (+69%) YTD Revenues: $354.7 million (+17%) YTD Earnings: $29.5 million (earnings were $6.6 million YTD14) Comments: Product sales were $124.0 million, up 47% in the quarter driven by BioThrax sales, up 66% to $109.8 million. Revenue from contract manufacturing operations was $11.3 million, up 20% primarily due to the timing of fill/finish services to third parties. Contracts, grants and collaborat...
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