Emergent BioSolutions Completes Sale of Baltimore-Bayview Facility to Syngene International

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05:16 PM EDT, 03/19/2025 (MT Newswires) -- Emergent BioSolutions ( EBS ) completed the sale of its Baltimore-Bayview drug substance manufacturing facility in Maryland to India's Syngene International for $36.5 million.

The sale covers the facility's assets and equipment, Emergent said Wednesday in a statement.

Emergent retains the option to access manufacturing services and capacity at the site to support future growth and pandemic response efforts in partnership with Syngene.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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