1) Acquire synergistic revenue generating products in biodefense and other specialty markets. This approach is designed to advance the company towards the achievement of the 2015 goals by:
- increasing revenue through product acquisitions addressing specialty markets where existing capabilities can improve product performance and financial returns;
- enhancing contributions to net income growth; and
- providing product revenue diversification.
Focus product development efforts on promising late-stage candidates.
This approach is designed to advance the company towards the achievement of the 2015 goals by:
- advancing only those programs that have achieved clinically important milestones that justify further research and development investments;
- enhancing the value of development expenditures by focusing on products that have the potential for nearer term regulatory approval; and
- minimizing early stage research and development costs that are not funded by third parties.
Expand collaborations with third parties such as governments and NGOs.
This approach is designed to advance the company toward the achievement of the 2015 goals by:
- mitigating operational risk through the knowledge, capabilities and expertise provided by partners and collaborators; and
- offsetting development expenditures through non-dilutive funding.
Continuing, Abdun-Nabi said, “With this plan, I see great opportunities ahead for the company, for our employees, for our customers and partners, and for creating shareholder value in the near- and long-term. As we continue to build Emergent into a leading specialty pharmaceutical company, we remain committed to our mission – to protect life.”
Conference Call and Webcast
The company will discuss the growth plan during the company’s Q3 2012 financial results conference call, scheduled for 8:00 AM Eastern today. The conference call is accessible by dialing
(international) and providing passcode
. A webcast of the conference call will be accessible from the company’s website at
, under “
”. A replay of the conference call will be accessible, approximately two hours following the conclusion of the call, by dialing 888-286-8010 or 617-801-6888 and using the passcode 51609046. The replay will be available through November 8, 2012. The webcast will be archived on the company’s website,
, under “
About Emergent BioSolutions Inc.
Emergent BioSolutions is a specialty pharmaceutical company seeking to protect and enhance life by offering specialized products to healthcare providers and governments to address medical needs and emerging health threats. Additional information about us may be found at
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