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Why Emergent BioSolutions Stock Dropped 30% in April


Shares of Emergent BioSolutions (NYSE: EBS) fell 30% in April, according to data from S&P Global Market Intelligence, after quality-control errors at one of the company's facilities ruined millions of doses of Johnson & Johnson's COVID-19 vaccine.

The purge was required after ingredients of another vaccine had contaminated the production area of J&J's shot.  

Image source: Getty Images.

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Source Fool.com

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