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SIGA Technologies to Host Business Update Call on May 7 Following Release of First-Quarter 2024 Financial Results

Key Takeaway: SIGA Technologies, Inc. plans to host a conference call on May 7, 2024, to discuss a business update following its first-quarter financial results. The call will feature CEO Diem Nguyen and CFO Daniel Luckshire and will be accessible via webcast. SIGA continues to focus on health security products, including its antiviral drug TPOXX, approved for treating smallpox and other orthopoxvirus-related conditions. The company emphasizes its role in biodefense and preparedness against potential health threats.
Price reaction · baseline $8.78 (2024-04-30 close) · hit after-hours · clean, no other SIGA news in the window
day 0 close
+6.1%
day 1
+7.5%
day 3 · peak
+18.3%

Market Sentiment Analysis

POSITIVE FACTORS

  • SIGA Technologies will provide a business update call, indicating active communication with stakeholders.
  • The company's focus on health security and biodefense highlights its commitment to addressing global health threats.
  • Successful approval and supply of TPOXX for smallpox demonstrate reliability in its product offerings.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+130%
120-day peak, hindsight
Typical move
11.1%
average across 2 past catalysts
Lead asset
ST-246
Phase 2 · Orthopoxviral Disease

Full Press Release Details

NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) -- SIGA Technologies, Inc. (SIGA) (NASDAQ: SIGA), a commercial-stage pharmaceutical company, today announced that management will host a webcast and conference call to provide a business update at 4:30 P.M. ET on Tuesday, May 7, 2024. Participating in the call will be Diem Nguyen, Chief Executive Officer, and Daniel Luckshire, Chief Financial Officer.
A live webcast of the call will also be available on the Company's website at www.siga.com under the 'Events & Presentations' tab in the Investor Relations section, or by clicking here. Please log in approximately 5-10 minutes prior to the scheduled start time.
Participants may access the call by dialing 1-888-886-7786 for domestic callers or 1-416 764 8658 for international callers.
A replay of the call will be available for two weeks by dialing 1-844-512-2921 for domestic callers or 1-412-317-6671 for international callers and using Conference ID: 27772151. The archived webcast will be available in the Events and Presentations section of the Company's website.
ABOUT SIGA TECHNOLOGIES, INC.
SIGA Technologies, Inc. is a commercial-stage pharmaceutical company focused on the health security market. Health security comprises countermeasures for biological, chemical, radiological and nuclear attacks (biodefense market), vaccines and therapies for emerging infectious diseases, and health preparedness. Our lead product is TPOXX®, also known as tecovirimat and ST-246®, an orally administered and IV formulation antiviral drug for the treatment of human smallpox disease caused by variola virus.
TPOXX is a novel small-molecule drug and the U.S. maintains a supply of TPOXX under Project BioShield. The oral formulation of TPOXX was approved by the FDA for the treatment of smallpox in 2018, and the IV formulation was approved for the same indication in 2022. The full label is available by clicking here. Oral tecovirimat received approval from the European Medicines Agency (EMA) and the Medicines and Healthcare Products Regulatory Agency (MHRA) in the United Kingdom in 2022. The EMA and UK approvals include labeling for oral tecovirimat indicating its use for the treatment of smallpox, monkeypox, cowpox, and vaccinia complications following vaccination against smallpox. The full label is available by clicking here. In September 2018, SIGA signed a contract with the Biomedical Advanced Research and Development Authority (BARDA), part of the office of the Administration for Strategic Preparedness and Response within the U.S. Department of Health and Human Services, for additional procurement and development related to both oral and intravenous formulations of TPOXX. For more information about SIGA, please visit www.siga.com.
ABOUT ORTHOPOXVIRUSES
Orthopoxvirus, belonging to the family of poxvirus that infect humans, include smallpox, mpox, cowpox and vaccinia. Smallpox, a highly contagious and fatal disease, presents itself as a risk to global health security today given fears of its release accidentally or intentionally as a bioweapon. Mpox virus, similar to smallpox, causes intermittent human infections, painful lesions, and possible case fatalities. Mpox outbreaks have been observed recently in the US, Europe, and Central & West Africa. Whether through natural occurrence or potential bioweapon warfare, orthopox threatens global health. Anti-virals and vaccines serve as possible solutions to address these threats.
Laine Yonker, Edison Group
Public Relations & Media
Holly Stevens, Berry & Company

Frequently Asked Questions

When is SIGA Technologies' conference call?

The SIGA Technologies conference call is on May 7, 2024, at 4:30 PM ET.

How can I access the live webcast of SIGA's call?

You can access the live webcast on SIGA's website in the Investor Relations section.

What is TPOXX used for?

TPOXX is an antiviral drug approved for treating smallpox and related diseases.

How long is the replay of the call available?

The replay of the call will be available for two weeks.

What diseases do orthopoxviruses include?

Orthopoxviruses include smallpox, mpox, cowpox, and vaccinia.

Last updated: May 1, 2024