Forbes August 22, 2024
Topline
Shares of Danish biotech Bavarian Nordic surged on Thursday after the company reported strong earnings and a large order of its mpox vaccine, extending its gains this year as nations mobilize to combat an escalating outbreak of the disease in Africa.
Key Facts
Tangent
Shares for Emergent BioSolutions advanced nearly 9% by market close on Wednesday. The U.S. firm sells opioid overdose reversal agent Narcan, as well as countermeasures for health and security threats like anthrax and botulism and nerve agents, a class of prohibited chemical weapon. Emergent also acquired ACAM2000 French pharma giant Sanofi in 2017, a smallpox vaccine that could potentially be made available for use against mpox given the viruses’ similarities. The Maryland-based firm has focused...
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