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In NIH-Cosponsored Monkeypox Virus Study In Congo, SIGA Technologies' Antiviral Tecovirimat Did Not Improve Lesion Resolution, Stock Tanks [Yahoo! Finance]

SIGA Technologies Inc. (SIGA) 
US:NASDAQ Investor Relations: investor.siga.com/investor-relations
Company Research Source: Yahoo! Finance
preliminary analysis of the PALM 007 trial of tecovirimat for the treatment of monkeypox virus (mpox) SIGA Technologies (NASDAQ: SIGA ) sells tecovirimat under Tpoxx, an antiviral medication against orthopoxviruses such as smallpox and mpox. NIAID reported that the study did not meet its primary endpoint of a statistically significant improvement in time to lesion resolution within 28 days post-randomization for patients in the Democratic Republic of the Congo with mpox who were administered SIGA's tecovirimat versus placebo. Also Read: WHO Declares Mpox Public Health Emergency: ‘Coordinated International Response Essential' To Halt Outbreak All patients in this study were hospitalized for the entire duration of treatment. This study was not a registration study conducted under an FDA Investigational New Drug Application. A meaningful improvement was observed in patients receiving tecovirimat whose symptoms began seven days or fewer before randomization and those with seve Show less Read more
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