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The changes are expected to result in annualized savings of over $60 million.
February 8, 2023
By: Anthony Vecchione
Emergent BioSolutions, announced a sharpened strategic focus on its core businesses, consisting of medical countermeasures (MCM) and commercial products, including NARCAN (naloxone HCl) Nasal Spray, as well as contract development and manufacturing (CDMO) services. “Emergent is undertaking these actions to strengthen our business, reduce costs and return to sustainable, long-term growth,” said Emergent President and CEO Robert Kramer. “Sharpening our focus on our core products and servi...
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