Government Contract Win May Improve Investor Sentiment For SIGA Tech After Disappointing Trial Data: Analyst [Yahoo! Finance]
SIGA Technologies Inc. (SIGA)
US:NASDAQ Investor Relations:
investor.siga.com/investor-relations
Company Research
Source: Yahoo! Finance
This award is comprised primarily of oral TPOXX, with a small amount of intravenous (IV) TPOXX, and represents the third procurement contract award from the DOD over the past three years. The company also received approximately $27 million to develop the post-exposure Prophylaxis indication for oral TPOXX. Also Read: Mpox Variant Sparks Global Concern As Europe, China Ramp Up Screening Inclusive of this award, SIGA currently has approximately $154 million of outstanding oral and IV TPOXX orders, more than 85% of which were generated within the past three months. Edison report adds that SIGA continues to advance its growth strategy, with recent contract wins from BARDA and the Department of Defense significantly boosting its order book. The company is set to deliver IV TPOXX under orders from July 2023 ($25 million), and August 2022 ($8.4 million, of which $17.8 million from a $26 million order was already delivered in the first half of 2024). These are part of approximate
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SIGA
News
- Siga Technologies Inc. (SIGA) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
- If EPS Growth Is Important To You, SIGA Technologies (NASDAQ:SIGA) Presents An Opportunity [Yahoo! Finance]Yahoo! Finance
- SIGA Announces New Contract Awarded by U.S. Department of Defense for the Procurement of $9 Million of TPOXX®GlobeNewswire
- Emergent Leads Mpox-Tied Stock Gains as Investors Await Approval [Yahoo! Finance]Yahoo! Finance
- NIAID reports preliminary data from trial of SIGA's Mpox treatment [Yahoo! Finance]Yahoo! Finance
SIGA
Sec Filings
- 8/15/24 - Form 8-K
- 8/1/24 - Form 10-Q
- 8/1/24 - Form 8-K
- SIGA's page on the SEC website