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GOVT-CONTRACT ·Filed Aug 31, 2026

FMS

Fresenius Medical Care AG
NEUTRAL
Impact 3/10
Horizonmonths Processed1mo ago
Large government contract award ($500M+)
Actionable Insight • Neutral

This is a routine option exercise under an existing government contract. Monitor for additional option exercises or new contract awards under the same IDIQ vehicle, which could signal sustained demand for Fresenius Kabi's hospital pharmacy products.

DirectionNeutral
Confidencemedium
Horizonmonths
Latest settled — T+20d ⚠ clustered
FMS ▼ -1.58% at T+20d
NEUTRAL call -1.58% · α vs SPY -1.69% · entry $22.74 → $22.38
Next anchor: T+60d in 28d
Latest observation: T+37 -2.03% FF3 residual α
Entry = T+0 close
Sep 1, 2026
via day close
T+1d
-0.40%
call -0.40% · α -0.84%
$22.65
settled 8w ago
T+5d
-1.80%
call -1.80% · α -1.88%
$22.33
settled 7w ago
T+20d
-1.58%
call -1.58% · α -1.69%
$22.38
settled 28d ago
T+60d
Pending
in 28d

Price Chart

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Executive Summary

Fresenius Kabi, LLC received a $25.4 million contract modification from the Department of Health and Human Services to exercise an option for bulk pharmaceutical products including doxycycline injection, meropenem, and sterile water. The award is a routine option exercise under an existing contract, representing a modest incremental obligation for Fresenius Medical Care AG's subsidiary.

Key Financial Metrics

Award Amount
$25.4M
Agency
Department of Health and Human Services
Contract Type
modification

Key Facts

  • Contract modification (P00002) under IDIQ 75A50325C00004
  • Obligation amount: $25,419,510.14
  • Awarding agency: Department of Health and Human Services
  • Action date: August 31, 2026
  • Exercise of option for bulk pharmaceuticals: doxycycline injection, meropenem, and sterile water
  • Recipient: Fresenius Kabi, LLC, a subsidiary of Fresenius Medical Care AG

Financial Impact

$25.4 million contract modification — revenue impact relative to total company revenue is not calculable as annual revenue is not provided

revenue

Risk Factors

  • Government funding risk under continuing resolutions or sequestration
  • Execution risk on production and delivery of listed pharmaceuticals
  • Contract modification is modest in absolute terms; materiality to overall company revenue is unclear without revenue data

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 1 federal contract record from official U.S. government contract data.

DocumentAccession Number
GOVT-CONTRACT Data (Synthetic)contract-75A50325C00004
11 reports for FMS
Performance horizon
50% Hit rate @ T+5 2 of 4 directional calls Went positive at some point 2 of 4 best @ T+60▲ +3.43%Apr 7, 2026
Filters
Rows
Reports for FMS — sortable, filterable
TypeNow
Oct 7, 2026
20d ago
6-K
NEUTRAL ★ 3/10
$20.69 $21.54▲ +4.11%▲ +5.09%$22.75 (+9.96%)
Sep 25, 2026
4w ago
6-K
BEARISH ★ 5/10
$22.69 $22.25▲ +1.94%▲ +1.72%$22.75 (−0.26%)
Sep 1, 2026
8w ago
Court Ruling
NEUTRAL ★ 1/10
$22.65 $22.23▼ −1.85%▼ −0.90%$22.75 (+0.44%)
Aug 31, 2026
8w ago
GOVT-CONTRACT
NEUTRAL ★ 3/10
$22.74 $22.33▼ −1.80%▼ −1.88%$22.75 (+0.04%)
Aug 31, 2026
8w ago
Court Ruling
NEUTRAL ★ 4/10
$22.74 $22.33▼ −1.80%▼ −1.88%$22.75 (+0.04%)
Aug 27, 2026
8w ago
6-K
BULLISH ★ 5/10
$23.27 $22.47▼ −3.44%▼ −3.71%$22.75 (−2.23%)
Aug 4, 2026
12w ago
6-K
MIXED ★ 5/10
$24.01 $23.87▼ −0.58%▼ −0.48%$22.75 (−5.25%)
Jun 29, 2026
17w ago
Court Ruling
NEUTRAL ★ 1/10
$22.61 $23.94▲ +5.88%▲ +6.07%$22.75 (+0.62%)
Apr 7, 2026
29w ago
Court Ruling
BULLISH ★ 7/10
$22.75 $23.21▲ +2.02%▼ −3.31%$22.75 (0.00%)
Mar 30, 2026
30w ago
Court Ruling
BEARISH ★ 6/10
$22.21 $22.75▼ −2.43%▲ +1.87%$22.75 (−2.43%)
Showing 10 of 11

US Market Status

Market Closed — Opens Thu (12h 52m)

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Report published Aug 31, 2026