SIGA Reports Orders of Approximately $138 Million for Oral and IV TPOXX from U.S. Government

(24/7 MARKET NEWS) – SIGA Technologies, Inc. (NASDAQ:SIGA) stated, after yesterday’s market close that the U.S. Department of Health and Human Services exercised procurement options for the delivery of approximately $113 million worth of oral TPOXX and approximately $25 million worth of IV TPOXX. 

SIGA is trading at $6.30, up $1.21 (+23.77%), on 2.61M premarket shares traded.

Its 52-week range is $ 4.731 to $26.99. It’s trading at levels last seen in March and, if the trading volume strengthens, it may try to make a run at the February trading levels.

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