Article 5H304 Emergent chief sold $10m in stock before company ruined 15m Covid vaccines

Emergent chief sold $10m in stock before company ruined 15m Covid vaccines

by
Richard Luscombe
from US news | The Guardian on (#5H304)

Stock unloaded by Robert G Kramer would now be worth only $5.5m while FDA report found unsanitary conditions at plant

The chief executive of the pharmaceutical giant Emergent BioSolutions sold $10m in company stock weeks before the publication of the company's financial results and a production error that ruined 15m Covid-19 vaccines sent its share price tumbling.

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