
Distress ·
Emergent BioSolutions posts $180.2 million Q2 loss, cuts about 90 roles
A $191.3 million non-cash impairment charge drove the loss. The company expects annualized savings of approximately $40 million from the restructuring.
EBS Emergent BioSolutions Inc.

Distress ·
A $191.3 million non-cash impairment charge drove the loss. The company expects annualized savings of approximately $40 million from the restructuring.
Emergent drew a $150 million term loan with OrbiMed as administrative agent and repaid its prior credit agreement. Interest is Term SOFR plus 6.25%, with a 3.00% floor, and the loan matures as late as April 16, 2031. The asset-based revolver falls from $100 million to $50 million.
The Credit Agreement also provides a $75 million delayed draw term loan, available for 24 months. Interest is Term SOFR plus 6.25% per annum, with a 3.00% floor.
The U.S. District Court for the District of Maryland granted preliminary approval on May 9, 2025 to a settlement of shareholder derivative suits against current and former Emergent directors and officers. The settlement provides a $15 million payment to the company from insurance and governance reforms, and final approval is set for August 6, 2025.
The board approved the Share Repurchase Program on March 31, 2025. The 8-K says the full terms are in a press release attached as Exhibit 99.1, and the 8-K body gives none of them.
Emergent BioSolutions Inc. is a global life sciences company focused on preparedness and response solutions for public health threats, including chemical, biological, radiological, nuclear and explosives threats, emerging infectious diseases, emerging health crises, and acute, emergency and community care. The company says its portfolio includes 11 products addressing threats such as smallpox, mpox, anthrax, Ebola and opioid overdose emergencies. Its commercial products are the naloxone nasal sprays NARCAN and KLOXXADO, sold in the U.S. and Canadian markets. NARCAN is sold over the counter, while KLOXXADO is a prescription product sold at pharmacies and to public and government entities. Its medical countermeasure business focuses primarily on procurement by the U.S. government, its largest customer, and also covers anthrax and smallpox products. Its Bioservices business provides drug substance manufacturing, drug product fill and finish, packaging and development services. The company has sold several operations, including its travel health business to Bavarian Nordic and its Baltimore-Bayview drug substance facility to Syngene, and it acquired exclusive commercial rights to KLOXXADO from Hikma in the U.S. and Canada.
| Product or program | What it is | Stage |
|---|---|---|
| NARCAN Nasal Spray | Naloxone nasal spray for opioid overdose emergencies | commercial; sold over the counter |
| KLOXXADO Nasal Spray | Prescription naloxone nasal spray sold through pharmacies and government entities | commercial |
| Anthrax MCM products | Medical countermeasures for anthrax, procured mainly by the US government | |
| Smallpox MCM products | Medical countermeasures for smallpox, procured mainly by the US government | |
| Bioservices (CDMO) | Contract drug substance, fill and finish, packaging and development services |
| Line | FY2025 | FY2024 |
|---|---|---|
| Revenue | $742.9 million | $1.04 billion |
| Research and development | $53.2 million | $70.7 million |
| Net income (loss) | $52.6 million | -$190.6 million |
| Cash from operations | $170.6 million | $58.7 million |
| Cash and equivalents | $205.4 million | $99.5 million |
Our latest story on this, dated May 23, 2025: "Emergent BioSolutions derivative lawsuit settlement gets preliminary court approval". The story links the filing or release it is based on. Read the story.
Our latest story on this, dated May 23, 2025: "Emergent BioSolutions derivative lawsuit settlement gets preliminary court approval". The story links the filing or release it is based on. Read the story.
Our latest story on this, dated Mar 31, 2025: "Emergent BioSolutions authorizes repurchase of up to $50 million of stock". The story links the filing or release it is based on. Read the story.
Emergent BioSolutions Inc. trades under the ticker EBS on NYSE.
Emergent BioSolutions Inc. is listed on NYSE. Our directory also records these other listings: GETTEX:ER4; LS:A0LC2W; LSE:0IGA; LSX:A0LC2W.
The SEC Central Index Key (CIK) for Emergent BioSolutions Inc. is 1367644. Its filings are on SEC EDGAR.
51,273,336 shares as of 2026-07-30, per the cover page of its 10-Q filed 2026-08-06.
Our directory records Emergent BioSolutions Inc. under United States.
Our directory classifies Emergent BioSolutions Inc. as: Pharmaceuticals: Major. This is a directory classification, not a description of the pipeline.
The ISIN recorded for Emergent BioSolutions Inc. is US29089Q1058.
aibio.space lists Emergent BioSolutions Inc. among 2,820 public biotech companies and publishes its news here as stories appear.
SEC records list its state or country of incorporation as DE.
Emergent BioSolutions Inc. is a global life sciences company focused on preparedness and response solutions for public health threats, including chemical, biological, radiological, nuclear and explosives threats, emerging infectious diseases, emerging health crises, and acute, emergency and community care. The company says its portfolio includes 11 products addressing threats such as smallpox, mpox, anthrax, Ebola and opioid overdose emergencies.
NARCAN Nasal Spray: Naloxone nasal spray for opioid overdose emergencies Stage: commercial; sold over the counter.
KLOXXADO Nasal Spray: Prescription naloxone nasal spray sold through pharmacies and government entities Stage: commercial.
Reported a restructuring, a workforce reduction or a review of strategic alternatives. SEC Form 8-K (Items 2.02,2.05,5.02,7.01,9.01). Source
Reported an unregistered sale of its securities. SEC Form 8-K (Items 1.01,1.02,3.02,7.01,9.01). Source
Reported substantial doubt about its ability to continue as a going concern. SEC Form 10-K. Source
Disclosed a shareholder lawsuit, subpoena or other legal matter. SEC Form 10-K. Source
Disclosed a shareholder lawsuit, subpoena or other legal matter. SEC Form 8-K (Items 8.01,9.01). Source
Announced a share repurchase program. SEC Form 8-K (Items 8.01,9.01). Source
Disclosed a shareholder lawsuit, subpoena or other legal matter. SEC Form 10-K. Source
Filed a registration statement for a share offering. SEC Form S-1. Source
Who manages this page This page is managed by aibio.space. The company does not run, edit or pay for this page. News, desk views and Investor Ranks are written and managed independently by aibio.space under our editorial and analytical judgment. Opinion only, not investment advice. How we work · Terms · Request a correction