Contract AwardsEmergent announced that it has received a $30M contract modification from the Biomedical Advanced Research and Development Authority (BARDA) to supply CYFENDUS.
Financial PerformanceEmergent also continued to make strides in improving its balance sheet, bolstered by $95 million in operating cash flow to date this year, helping the Company reduce its net debt to $433 million at the end of the second quarter.
Market ExpansionEmergent recently announced a $65M multi-year contract with Ontario Ministry of Health for NARCAN Nasal Spray.