05:43 PM EDT, 10/22/2024 (MT Newswires) -- AptarGroup ( ATR ) said Tuesday it received a contract from the US Federal Government to advance the development of its ActivShield technology, which sterilizes medical devices and instruments without the need for a power source.

The contract is for five years and is valued at about $4.8 million, according to the company.

Shares of AptarGroup ( ATR ) were up 1.2% in recent after-hours activity.

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