Life sciences company Emergent BioSolutions Inc. has received a $23 million contract modification from Biomedical Advanced Research and Development Authority (BARDA). The company is on track with its COVID-19 vaccine manufacturing agreements and plans to use the $23 million to acquire biologics manufacturing equipment specific to Johnson & Johnson’s COVID-19 vaccine. Emergent BioSolutions (EBS) President and Chief Executive Officer, Robert G. Kramer, said, “Emergent is actively working with the U.S. government to fulfil its policy objectives consistent with the Center for Innovation in Advanced Development and Manufacturing (CIADM) that was put in place under the Obama-Biden Administration in 2012.
https://www.tipranks.com/news/emergent-receives-23m-from-barda-to-support-johnson-johnson-vaccine-ramp-up
Emergent Biosolutions (NYSE:EBS)
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