Narcan-Maker Emergent BioSolutions to Cut 300 Jobs, Close Facilities
Emergent BioSolutions is closing several manufacturing facilities and cutting hundreds of jobs as part of a restructuring as the company narrows its focus on products, including Narcan nasal spray.The Gaithersburg,
Emergent BioSolutions eliminating 300 jobs, shutting down multiple facilities
The company is closing “several” manufacturing facilities and restructuring — eliminating about 300 employees across all areas and another 85 open positions — “to improve the performance and profitability of its business,” it said Wednesday after the closing bell.
Emergent cuts 300 jobs and shuts down two facilities in cost-cutting drive
Emergent also said it will shut down two of its US-based complexes – a drug substance manufacturing facility in Baltimore and a drug product facility in Maryland. Emergent will concentrate operations at its other sites in Winnipeg, Canada, and Lansing, Michigan.
Emergent BioSolutions to cut 300 employees, shutter 2 facilities in restructuring launched under new CEO
Just about two months into his CEO job at Emergent BioSolutions, Joseph Papa has laid out his turnaround plan for the CDMO-turned-biopharma company. | Merely about two months into his CEO job at Emergent BioSolutions,
Emergent BioSolutions to lay off about 300 employees
Emergent BioSolutions said on Wednesday that it would cut about 300 jobs across all areas of the company and shut down several manufacturing facilities as part of a restructuring plan. Shares of the company rose about 40% to $2.
Emergent BioSolutions to close Baltimore, Rockville plants, lay off 300 workers
Emergent BioSolutions — maker of the overdose reversal drug Narcan — plans to shutter its manufacturing facilities in Baltimore and Rockville as part of a broader restructuring effort, according to filings the Gaithersburg-based pharmaceutical company made with the U.
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