Emergent BioSolutions, Inc.
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The New York Times published an article on March 31, 2021 reporting on the accidental contamination of coronavirus vaccines developed by Johnson & Johnson and AstraZeneca PLC at an Emergent manufacturing plant in Baltimore. According to reporting by the Associated Press, this Emergent factory where the contamination occurred experienced a series of lapses, as observed in April 2020 by the U.S. Food and Drug Administration in April 2020. On April 1, 2021, Emergent’s stock price fell $12.45 per share, or 13.4%, on this news, to close at $80.46 per share.