BUZZ-Emergent rises as US awards additional $62.4 million for botulism treatment stockpile

Reuters
06/23
BUZZ-Emergent rises as US awards additional $62.4 million for botulism treatment stockpile 

** Shares of drugmaker Emergent Biosolutions EBS.N rise 2.9% to $6.40 premarket

** EBS says U.S. Department of Health and Human Services has awarded it $62.4 million through contract modification to stockpile co's botulism treatment

** Modification has been made to existing 10-year contract whereby co will supply treatment called BAT

** Up to last close, stock had fallen 34.9% YTD

(Reporting by Puyaan Singh)

((Puyaan.Singh@thomsonreuters.com;))

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