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SIGA Technologies

#7325

Rank

$454.02M

Marketcap

US United States

Country

SIGA Technologies
Leadership team

Dr. Phillip Louis Gomez III, M.D., Ph.D. (CEO & Director)

Mr. Daniel J. Luckshire (Exec. VP, CFO & Sec.)

Dr. Dennis E. Hruby (Exec. VP & Chief Scientific Officer)

Products/ Services
Biotechnology
Headquarters
New York, New York, United States
Established
1995
Company Registration
SEC CIK number: 0001010086
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
SIGA
Social Media
Overview
Location
Summary
SIGA Technologies, Inc., a commercial-stage pharmaceutical company, focuses on the health security and infectious disease markets in the United States. Its lead product is TPOXX, an oral formulation antiviral drug for the treatment of human smallpox disease caused by variola virus. SIGA Technologies, Inc. has a strategic partnership with Cipla Therapeutics to deliver sustained innovation and access to antibacterial drugs primarily against biothreats. The company was incorporated in 1995 and is headquartered in New York, New York.
History

In September 2009, SIGA Technologies received a $1.6 million research fund from the National Institutes of Health for its broad-spectrum antiviral candidates.In August 2011, SIGA Technologies was awarded a $7.7 million grant from the National Institutes of Health to develop an antiviral drug for treating and preventing Lassa fever and others of arenavirus origin. That year, it sealed a contract worth over $400 million to sell its antiviral drug TPOXX to the United States Biomedical Advanced Research and Development Authority for the purpose of its development and distribution. Also in 2011, it was ordered to pay $232 million in damages in a legal dispute with PharmAthene over rights to the smallpox drug tecovirimat.In July 2013, SIGA Technologies delivered about 590,000 courses of its smallpox antiviral drug tecovirimat to the United States Government's Strategic National Stockpile , meeting the requirement of Government's Biomedical Advanced Research and Development Authority .In May 2018, the FDA advisory committee decided that the benefits of SIGA's small molecule antiviral treatment, TPOXX, outweigh its potential risks. Later in July, FDA granted the approval of TPOXX to SIGA after the drug was evaluated in 359 healthy human volunteers. In July 2019, SIGA signed a $23 million contract with the United States Department of Defense to create TPOXX's post-exposure prophylaxis. Tecovirimat was approved for medical use in the European Union in January 2022.In 2021, SIGA submitted an intravenous version of TPOXX to the FDA for approval, which was approved in May 2022.In December 2021, Health Canada approved oral TPOXX for the treatment of smallpox in adults and pediatric patients weighing at least 13kg.In January 2022, the European Medicines Agency approved oral tecovirimat for smallpox, monkeypox, cowpox and vaccinia complications in adults and children with a body weight of at least 13kg.Intravenous TPOXX has no lower weight cap and can be used in infants under the Investigational New Drug protocol.The Centers for Disease Control and Prevention and FDA have relaxed regulations to make it easier for doctors in the United States to prescribe TPOXX to treat monkeypox patients.

Mission
SIGA Technologies is dedicated to providing innovative technology-based solutions that empower healthcare providers to improve patient outcomes and transform healthcare delivery.
Vision
By creating a secure, cloud-based Healthcare Performance Platform, SIGA Technologies is poised to drive healthcare transformation and become the global leader in healthcare software development.
Key Team

Ms. Tove C. Bolken (Sr. VP of Operations & Chief Supply Chain Officer)

Mr. Herb Vloedman (Sr. VP & Chief Information Officer)

Recognition and Awards
SIGA Technologies has been the recipient of multiple awards for its innovative for healthcare software solutions, including the prestigious Red Herring Top 100 North America and Forrester’s Wave Award for Healthcare Software Development Platforms.
References

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SIGA Technologies
Leadership team

Dr. Phillip Louis Gomez III, M.D., Ph.D. (CEO & Director)

Mr. Daniel J. Luckshire (Exec. VP, CFO & Sec.)

Dr. Dennis E. Hruby (Exec. VP & Chief Scientific Officer)

Products/ Services
Biotechnology
Headquarters
New York, New York, United States
Established
1995
Company Registration
SEC CIK number: 0001010086
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
SIGA
Social Media