other material
confidence high
sentiment positive
materiality 0.65
SIGA receives BARDA $26M procurement option exercise for IV TPOXX; deliveries targeted for 2023
SIGA TECHNOLOGIES INC
- BARDA exercises procurement options valued at approximately $26M for IV TPOXX under contract 19C.
- This is the first procurement option exercise for IV TPOXX under the 19C contract.
- Product deliveries of IV TPOXX are targeted for 2023.
- Option also funds a post-marketing field study for IV TPOXX.
- CEO highlights growing importance of broad orthopox response including monkeypox and smallpox.