SIGA - SIGA Technologies secures new contract awarded to procure up to $10.7M of TPOXX

• SIGA Technologies ( NASDAQ: SIGA ) notifies that the U.S. Department of Defense awarded a new contract to SIGA for the procurement of up to $10.7M of oral TPOXX, of which $5.1M of oral TPOXX is targeted for delivery in 2022 and the remainder is subject to an option at the sole discretion of the DoD.
• The contract follows an award made earlier this year for the procurement of $7.4M of oral TPOXX, under which all product is expected to be delivered in 2022.
• The project work is supported by a separate development contract worth ~$26M.
• Shares are up 3.12% premarket.

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