Hundreds of jobs to go at Emergent BioSolutions in shift away from CDMO

9 August 2023

Emergent BioSolutions (NYSE: EBS) has announced that it is reducing investment in and de-emphasizing focus on growth in its contract development and manufacturing organization (CDMO) services business.

As a result, Emergent is reducing operations at its Bayview facility in Baltimore, Maryland, USA.

Emergent will also reduce operations at its facility in Canton, Massachusetts, in response to changes in the volume of US government procurements of medical countermeasures.

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