Rockville-based Emergent BioSolutions Inc. said Thursday it plans to develop or acquire three specialty products in biodefense and other markets by 2015, part of a blueprint for diversifying beyond its bread-and-butter anthrax vaccine.
Emergent mapped out a growth plan that calls for annual product revenue of more than $500 million and three-year net income growth of more than 15 percent. Central to this plan is shifting its effort to the late end of its pipeline and paring down early stage research that doesn’t have an outside funding stream. The biotech also said it would “acquire synergistic revenue generating products in biodefense and other specialty markets.”