Welcome to our dedicated page for Siga Technologie news (Ticker: SIGA), a resource for investors and traders seeking the latest updates and insights on Siga Technologie stock.
SIGA Technologies (SIGA) maintains this dedicated news hub for stakeholders tracking developments in biodefense therapeutics and public health preparedness. Access verified updates about the company's oral antiviral TPOXX, government contracts, and international health security initiatives.
This resource consolidates official announcements including regulatory milestones, strategic partnerships, and financial performance reports. Investors and public health professionals will find timely information on:
• TPOXX approvals and distribution updates
• Government procurement contracts
• Clinical research developments
• Financial disclosures and earnings
• Global health collaboration announcements
All content is sourced directly from company filings and press releases to ensure accuracy. Bookmark this page for efficient tracking of SIGA's progress in developing countermeasures against orthopoxviruses and other high-consequence pathogens.
SIGA Technologies (NASDAQ: SIGA) has declared a special cash dividend of $0.60 per share on its common stock, marking the fourth consecutive year of special dividend payments. The dividend matches the level declared in March 2024 and will be payable on May 15, 2025, to shareholders of record as of April 29, 2025.
CEO Diem Nguyen highlighted that this dividend declaration reflects the company's strong balance sheet and continued confidence in its business future, emphasizing their commitment to disciplined financial management and strategic execution for long-term shareholder value.
SIGA Technologies (Nasdaq: SIGA) has appointed Retired U.S. Army General John 'Jack' Keane to its Board of Directors, effective immediately. General Keane, a four-star general who served as acting Chief of Staff and Vice Chief of Staff of the U.S. Army from 1999 to 2003, brings 37 years of public service experience.
As a foreign policy and national security expert, General Keane currently serves as Chairman of the Institute for the Study of War since 2007 and President of GSI, since 2004. He is a recipient of the Presidential Medal of Freedom and the first military leader honored with the Ronald Reagan Peace Through Strength Award.
The appointment aims to leverage General Keane's expertise in national security and biodefense preparedness to support SIGA's mission of expanding its FDA-approved antiviral TPOXX distribution to the U.S. strategic national stockpile and international governments.
SIGA Technologies (NASDAQ: SIGA) reported strong financial results for 2024, achieving $133 million in product sales and $70 million in pre-tax operating income, resulting in $59 million in net income. The company marked its second consecutive year of product revenue growth.
The sales breakdown includes:
- $100 million in oral and IV TPOXX sales to U.S. Strategic National Stockpile
- $10 million to U.S. Department of Defense
- $23 million in international sales
SIGA has received TPOXX procurement orders from 30 countries over the past three years, with sales to 13 countries in 2024, including its first sale in Africa to Morocco. In January 2025, TPOXX (TEPOXX) received regulatory approval in Japan for treating smallpox, mpox, cowpox, and vaccination complications in adults and pediatric patients weighing at least 13 kg.
SIGA Technologies (Nasdaq: SIGA) has scheduled a business update conference call and webcast for March 11, 2025, at 4:30 P.M. ET, following the release of its fourth-quarter and full year 2024 financial results.
The call will feature CEO Diem Nguyen and CFO Daniel Luckshire. Investors can access the call through:
- Domestic dial-in: 1-800-717-1738
- International dial-in: 1-646-307-1865
- Company website: www.siga.com (Investor Relations section)
A two-week replay will be available via domestic (1-844-512-2921) and international (1-412-317-6671) numbers using Conference ID: 1152574. The webcast will be archived in the Investor Relations section.
SIGA Technologies announced that TEPOXX (tecovirimat) has received regulatory approval in Japan for treating orthopoxviruses, including smallpox, mpox, and cowpox, as well as complications from smallpox vaccination in adults and pediatric patients weighing at least 13 kg. This marks the first approval of an antiviral for orthopoxviruses in Japan.
SIGA has partnered with Japan Biotechno Pharma as its exclusive distributor and has already delivered TEPOXX to Japan's strategic national stockpile. The approval is based on data from 15 clinical trials involving over 800 healthy volunteers, including a pivotal study in Japan with 20 participants. The trials demonstrated no drug-related serious adverse events.
TEPOXX works by inhibiting the VP37 protein found on orthopoxviruses, preventing virus spread from infected cells. The drug is already approved in the U.S. and Canada for smallpox treatment, and in the EU and UK for smallpox, mpox, cowpox, and vaccination complications.
SIGA Technologies announced interim results from the STOMP clinical trial of tecovirimat (TPOXX) for mpox treatment. The study revealed that tecovirimat did not improve time to lesion resolution compared to placebo in adults with mild to moderate clade II mpox. Based on these findings, the study's Data Safety Monitoring Board recommended stopping patient enrollment.
Key points include: approximately 75% of patients received treatment more than five days after symptom onset; tecovirimat maintained its strong safety profile with results comparable to placebo; and the drug's efficacy in severe cases was not assessed in this study. The results align with previous findings suggesting that antivirals are most effective when administered early in infection and show greatest benefit in severe cases.
SIGA Technologies reported financial results for Q3 2024, highlighting $122 million in new orders, including a $112.5 million order for oral TPOXX from BARDA and a $9 million order from the U.S. Department of Defense. Product revenues reached $8.9 million for Q3 and $53.5 million for the first nine months of 2024. The company reported net income of $1.3 million for Q3 and $13.5 million for the nine-month period. With $146 million in outstanding procurement orders, SIGA is positioned for substantial revenue in Q4 2024 and 2025. The company also secured an exclusive license for monoclonal antibodies from Vanderbilt University and made its first TPOXX sale in Africa.
SIGA Technologies (NASDAQ: SIGA) announced it will host a webcast and conference call to provide a business update on November 7, 2024, at 4:30 P.M. ET. CEO Diem Nguyen and CFO Daniel Luckshire will participate in the call. The webcast will be available on the company's website, with dial-in options for domestic (1-800-717-1738) and international callers (1-646-307-1865). A two-week replay will be available via phone and the company website.
SIGA Technologies (NASDAQ: SIGA) has entered into an exclusive license agreement with Vanderbilt University for a portfolio of preclinical fully human monoclonal antibodies (mAbs). These mAbs have potential as treatments for a broad range of orthopoxviruses, including smallpox and mpox. The agreement grants SIGA exclusive rights to develop, manufacture, and commercialize these mAbs globally.
The mAbs, developed by Dr. James Crowe at Vanderbilt University Medical Center, have shown promise in preclinical models and could be used as standalone treatments or in combination with SIGA's TPOXX® franchise. The U.S. Department of Defense is currently funding the development of these mAbs through Phase 1 clinical trials. SIGA aims to leverage its expertise in orthopoxvirus and partnerships with U.S. Government agencies to maximize the impact of these potential new therapies.
SIGA Technologies, Inc. (NASDAQ: SIGA) has announced an agreement to supply TPOXX® (tecovirimat) in Morocco. This marks SIGA's first commercial sale of TPOXX in Africa. The contract was executed in response to a request from Morocco's Ministry of Health to prepare and protect citizens against potential mpox outbreaks.
Tecovirimat is already approved in the U.S., Canada, and the EU, and has been available in Africa through clinical trials and WHO's emergency use access protocol. SIGA's Vice President of International Markets, Victor Gomes, expressed pride in providing access to this antiviral therapy in Morocco and thanked the Ministry of Health for their collaboration in ensuring quick delivery.
