Saturday, August 30, 2008

SIGA: I Told You So (Part 1)

It was announced that SIGA Technologies received a $55M grant late in the trading day friday, and its stock price shot up 50%. So perhaps my concerns about a troublingly parallel situation with Emergent BioSolutions were unfounded.

This isn't yet the big contract SIGA's imminently expecting (look for it by mid-October). And this was announced at the very end of the trading day before a holiday weekend (we'll see what the price does on Tuesday!). The announcement has still not hit news channels.

No comments:

Blog Archive