$EBS (Emergent BioSolutions, Inc.)

$EBS {{ '2016-01-11T15:49:14+0000' | timeago}} • Announcement

$EBS expects 2016 GAAP net income of $75-85MM, non-GAAP adjusted net income of $90-100MM and EBITDA of $150-160MM. The outlook for 2016 includes the impact of a successful spin-off of Aptevo Therapeutics in mid-2016 and continuous delivery of BioThrax to the CDC under an anticipated follow-on, multi-year procurement contract.

$EBS {{ '2017-07-14T12:28:37+0000' | timeago}} • Announcement

$EBS has entered into an agreement to acquire the ACAM2000 business of Sanofi in an all-cash transaction with a total value of $125MM. The transaction, which is subject to customary closing conditions including antitrust regulatory approval, is expected to close in 2017.

$EBS {{ '2017-05-31T13:56:24+0000' | timeago}} • Announcement

$EBS has signed a modification to its contract with the Biomedical Advanced Research and Development Authority to produce and store bulk drug substance for its botulism antitoxin (BAT). The value of the deal is $53MM, with a 5-year performance period. BAT is indicated for treatment of symptomatic botulism following exposure to botulinum neurotoxin.

$EBS {{ '2017-03-31T12:52:41+0000' | timeago}} • Announcement

$EBS signed a modification to its contract with the Biomedical Advanced Research and Development Authority (BARDA) to manufacture and store bulk drug substance for its botulism antitoxin, BAT (Botulism Antitoxin Heptavalent), valued at about $53MM with a 5-year period of performance.

$EBS {{ '2017-02-13T13:12:00+0000' | timeago}} • Announcement

$EBS received a task order from the Biomedical Advanced Research and Development Authority (BARDA) valued at up to $30.5MM to develop monoclonal antibody therapeutics for viral hemorrhagic fever. This task order will utilize $EBS' Center for Innovation in Advanced Development and Manufacturing (CIADM) facility located in Baltimore, Maryland.

$EBS {{ '2017-02-01T14:32:53+0000' | timeago}} • Announcement

$EBS initiated a Phase 1b multiple ascending dose study to evaluate safety and tolerability of UV-4B, its novel antiviral candidate being developed as potential oral treatment for dengue viral infection. This study, which will enroll 40 healthy adults in U.S. sites, follows successful Phase 1a single ascending dose clinical study completed in 2016.

$EBS {{ '2016-12-12T13:49:07+0000' | timeago}} • Announcement

$EBS reported that Health Canada has approved the company’s New Drug Submission for BAT, a drug for treating a potentially fatal disease. The company has an existing ten-year contract, executed in 2012, to supply BAT to the Canadian Department of National Defense, the Public Health Agency of Canada and individual provincial health authorities.

$EBS {{ '2016-12-09T12:40:11+0000' | timeago}} • Announcement

On continuing operations basis, $EBS now expects 2016 total revenue of $465-485MM, BioThrax sales of $220-235MM, net income of $50-60MM and adjusted net income of $65-75MM. On a combined basis, $EBS now expects 2016 total revenue of $485-505MM, net income of $35-45MM and adjusted net income of $55-65MM.

$EBS {{ '2016-12-09T12:37:52+0000' | timeago}} • Announcement

$EBS signed follow-on contract with CDC valued at up to $911MM to supply to the Strategic National Stockpile (SNS) about 29.4MM doses of BioThrax through September 2021. BARDA issues notice of intent to separately procure about $100MM of BioThrax for SNS over 24 months from contract award, which is expected in 1H17

$EBS {{ '2016-12-09T12:36:33+0000' | timeago}} • Announcement

$EBS said U.S. Department of Health and Human Services is advancing its anthrax preparedness strategy with multiple contract actions for $EBS' anthrax vaccines. $EBS signed follow-on contract with the Centers for Disease Control and Prevention.

$EBS {{ '2016-09-30T13:45:00+0000' | timeago}} • Announcement

$EBS signed a multi-year contract with the Biomedical Advanced Research and Development Authority, for the advanced development and delivery of NuThrax, $EBS' next generation anthrax vaccine candidate. The contract is valued at up to approx. $1.6Bil & consists of a 5-year base period of performance valued at approx. $200MM to develop NuThrax.

$EBS {{ '2016-07-15T18:30:02+0000' | timeago}} • Announcement

Specialty biopharmaceutical company $EBS said that its Board of Directors has authorized the management to implement a stock repurchase program for up to $50MM of common stock from time to time on the open market or in privately negotiated transactions. The term of the authorization of the repurchase program is until Dec. 31, 2017.

$EBS {{ '2016-07-11T17:52:02+0000' | timeago}} • Announcement

$EBS said that its BoD declared a dividend distribution of one share of Aptevo Therapeutics Inc. common stock for every two shares of its common stock outstanding as of the close of business on July 22, 2016, the record date for the distribution. $EBS expects to complete the distribution of Aptevo common stock to its stockholders on Aug. 1, 2016.

$EBS {{ '2016-07-11T17:51:49+0000' | timeago}} • Announcement

$EBS said that its BoD approved the spin-off of Aptevo Therapeutics Inc. There is currently no market for Aptevo common stock and Aptevo expects its common stock to begin trading on a "when issued" basis shortly before the July 22, 2016 record date under the ticker "APVO WI."

$EBS {{ '2016-06-15T18:16:49+0000' | timeago}} • Announcement

Biopharma company $EBS said the US FDA has granted Orphan Drug status for BioThrax for post-exposure prophylaxis of anthrax disease resulting from exposure to Bacillus anthracis. The Orphan Drug status provides market exclusivity through Nov. 2022, which is 7 years from the date on which FDA approved the PEP indication for BioThrax.

$EBS {{ '2016-04-20T15:48:18+0000' | timeago}} • Announcement

$EBS said it presented preclinical data on its bispecific ADAPTIR (modular protein technology) molecule, ES425, at the American Association for Cancer Research Annual Meeting in New Orleans, Louisiana. The ES425 molecule is being developed as a potential therapeutic for triple-negative breast cancer (TNBC).

$EBS {{ '2016-04-15T22:16:09+0000' | timeago}} • Announcement

$EBS said that it had done the initial filing of Form 10 with SEC with respect to the previously planned spin-off of certain assets of its biosciences business to create a separate, publicly-traded company, Aptevo Therapeutics Inc. The spin-off is expected to complete in mid-2016.

$EBS {{ '2016-02-17T12:44:25+0000' | timeago}} • Announcement

Specialty biopharma company $EBS said that its military-grade auto-injector platform, Emergard, has been selected by the US DoD and the Battelle Memorial Institute to be tested against and developed to US military specifications as a platform for nerve agent antidote delivery. Emergard development and testing is expected to be completed in 2016.

$EBS {{ '2016-01-21T18:32:40+0000' | timeago}} • Announcement

As previously announced, $EBS said Marvin White will serve as Aptevo's Chief Executive Officer upon the expected completion of the spin-off. He will be joined by Jeff Lamothe as SVP and CFO, and Scott Stromatt, Chief Medical Officer & SVP, Clinical Development & Medical Affairs.

$EBS {{ '2016-01-21T18:25:54+0000' | timeago}} • Announcement

$EBS said it named a probable executive management team of Aptevo Therapeutics, its planned bio sciences business spin-off. Members of the team will be appointed after the tax-free spin-off expected to occur in mid-2016.

$EBS {{ '2016-01-13T16:28:11+0000' | timeago}} • Announcement

$LGND said it has inked a license agreement with $EBS, a biopharmaceutical company. Under the license, $EBS will use $LGND's OmniRat, OmniMouse & OmniFlic technologies to discover fully human mono- & bispecific antibodies. $LGND will be eligible to receive annual access payments, fees on patent filings, potential milestone payments and royalties.

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