May 1 (Reuters) - Emergent BioSolutions ( EBS ) said on
Wednesday that it would cut about 300 jobs across all areas of
the company and shut down several manufacturing facilities as
part of a restructuring plan.
Emergent has been seeking to cut costs and pivot away from
its contract manufacturing business due to sluggish demand.
It cut its workforce by 400 employees last year and
scaled back operations at some its facilities to focus on core
products such as overdose reversal nasal spray Narcan.