Fuad El-Hibri Organization Blog » PSC http://fuad-elhibri.org Fuad El-Hibri Online Fri, 03 Feb 2012 05:56:53 +0000 http://wordpress.org/?v=2.8.2 en hourly 1 Emergent BioSolutions buys flu vaccine maker http://fuad-elhibri.org/2009/07/14/emergent-biosolutions-buys-flu-vaccine-maker/ http://fuad-elhibri.org/2009/07/14/emergent-biosolutions-buys-flu-vaccine-maker/#comments Tue, 14 Jul 2009 14:51:32 +0000 admin http://fuad-elhibri.org/?p=20 Yet Another Related Posts Plugin.]]> Emergent BioSolutions has inked a deal to acquire the Protein Sciences Corporation assets for up to $75 million. The move is part of Emergent’s strategy to expand its product portfolio with a drug candidate focused on infectious disease. Currently, most of Emergent’s business comes from government contracts for biodefense. Emergent will acquire PSC’s ongoing operations, including FluBlok, a Phase III recombinant influenza vaccine candidate, and certain other assets. “The acquisition of FluBlok is consistent with Emergent’s strategy of expanding its product portfolio with a vaccine candidate focused on a major infectious disease,” said Fuad El-Hibri, Emergent’s CEO. The company recently bought rival VaxGen’s anthrax vaccine business.

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