Health & Fitness
Health and Fitness
Health and Fitness 
Thu, November 4, 2010
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Emergent BioSolutions Receives Loan Repayment from Protein Sciences Corporation
ROCKVILLE, Md.--([ BUSINESS WIRE ])--Emergent BioSolutions Inc. (NYSE:EBS) today announced that it has received repayment of the loan it extended to Protein Sciences Corporation in 2008. The total payment of $11.5 million includes full repayment of the original $10 million in principal plus $1.5 million in accrued interest. In addition, the parties signed a mutual settlement and release agreement that dismisses all litigation between both parties.
About Emergent BioSolutions Inc.
Emergent BioSolutions Inc. is a global biopharmaceutical company focused on the development, manufacture and commercialization of vaccines and antibody therapies that assist the bodya™s immune system to prevent or treat disease. Emergenta™s marketed and investigational products target infectious diseases, oncology, and autoimmune disorders. Additional information about the company may be found at [ www.emergentbiosolutions.com ].