The executed agreement is valued at approximately $50 million, of which $36 million is contingent on future regulatory approval and downstream milestones.

Under the terms of the agreement, Emergent will provide end-to-end development and manufacturing services to SAB BIO that are compliant with current good manufacturing practices. These services will include process development and scale-up, technology and analytical method transfer, manufacturing for SAB-142's ongoing clinical program and commercial manufacturing services upon regulatory approval.

"Emergent is pleased to leverage our specialized manufacturing capabilities to support the advancement of SAB-142," said Bill Hartzel, senior vice president, manufacturing and bioservices at Emergent BioSolutions. "Our Winnipeg facility is uniquely equipped to offer integrated drug substance and drug product manufacturing services as SAB BIO furthers the development of SAB-142."

Through this collaboration, Emergent's Winnipeg, Manitoba manufacturing facility, recognized for decades of expertise in plasma-derived and complex biologic manufacturing, will serve as the primary development and manufacturing site for bulk process intermediate and drug product production for SAB-142. This agreement reflects both companies' commitment to advancing health and ensuring reliable, scalable manufacturing capacity for critical treatments.