Monday, August 25, 2008

SIGA Trepidation

Read my previous writings on the pharmaceutical company SIGA Technologies, from which I'm expecting great things.

Hmm, now this is worrisome.

On August 7
it was announced that Emergent BioSolutions had signed a massive contract with the government for their anthrax vaccine - similar to the contract SIGA is currently waiting for. EBS also announced a revenue jump of 88%.

On August 8, their
stock price crashed.

Yikes!

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