other material
confidence high
sentiment positive
materiality 0.80
U.S. Government exercises ~$138M procurement options for oral and IV TPOXX from SIGA
SIGA TECHNOLOGIES INC
- BARDA contract options exercised: ~$113M oral TPOXX (delivery in 2023) and ~$25M IV TPOXX (delivery starts 2024).
- Orders follow 2022 deliveries to 13 international customers and U.S. DoD; CEO notes growing global demand for orthopoxvirus preparedness.
- Oral TPOXX fully deliverable in 2023; IV TPOXX delivery under prior order to be completed before starting this new IV order.
- Contract supported by HHS/ASPR/BARDA and Strategic National Stockpile under Contract No. 75A50118C00019.