Siga Technologies shares are trading higher after the company announced that the U.S. Department of Health and Human Services exercised a $113 million procurement option for the delivery of oral TPOXX treatment courses.
Portfolio Pulse from Benzinga Newsdesk
Siga Technologies shares are trading higher following the announcement that the U.S. Department of Health and Human Services exercised a $113 million procurement option for the delivery of oral TPOXX treatment courses.
July 19, 2024 | 12:04 pm
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Siga Technologies shares are experiencing a boost after the U.S. Department of Health and Human Services exercised a $113 million procurement option for oral TPOXX treatment courses.
The procurement option exercised by the U.S. Department of Health and Human Services represents a significant revenue opportunity for Siga Technologies, positively impacting its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100