Emergent BioSolutions Announces $50 Million Expansion of Baltimore Fill/Finish Facility
- Multi-year investment will support growth of contract development and manufacturing capabilities
“The expansion of our Camden facility is a significant and impactful capital investment that will generate measurable benefits for our clients,” said
A highlight of the multi-stage project includes the addition of a new isolator enclosed fill line. Emergent has partnered with
“Emergent has a proven track record as a world-class provider of contract manufacturing services for both bulk drug substances and sterile injectable drug products,” said BJ Hull, vice president, general manager and site head at the Camden facility. “This
“The expansion of Emergent BioSolutions’ Camden fill/finish facility is a testament to Maryland’s leadership in biotechnology,” said Congressman
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This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements, other than statements of historical fact, including statements regarding our strategy, future operations, prospects, plans, objectives, and any other statements containing the words "will," "believes," "expects," "anticipates," "intends," "plans," "targets," "forecasts," "estimates" and similar expressions in conjunction with, among other things, discussions about the anticipated benefits of the expansion of the Camden fill/finish facility, and the timing of the completion of such expansion are forward-looking statements. These forward-looking statements are based on our current intentions, beliefs and expectations regarding future events. We cannot guarantee that any forward-looking statement will be accurate. Investors should realize that if underlying assumptions prove inaccurate or unknown risks or uncertainties materialize, actual results could differ materially from our expectations. Investors are, therefore, cautioned not to place undue reliance on any forward-looking statement. Any forward-looking statement speaks only as of the date of this press release, and, except as required by law, we do not undertake to update any forward-looking statement to reflect new information, events or circumstances.
There are a number of important factors that could cause the company's actual results to differ materially from those indicated by such forward-looking statements, including the amount of time it takes to complete the buildout of our Camden facility and obtain regulatory approvals needed to complete planned improvements to the facility, our ability to secure and maintain contracts sufficient to utilize the full potential of the expanded facility and our manufacturing capabilities and strategy. The foregoing sets forth many, but not all, of the factors that could cause actual results to differ from our expectations in any forward-looking statement. Investors should consider this cautionary statement, as well as the risk factors identified in our periodic reports filed with the
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Vice President, Investor Relations
240-631-3280
BurrowsR@ebsi.com
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