SIGA Technologies (SIGA)

Aug 5, 2022Trade Ideas

SIGA Technologies (SIGA) could see higher highs.

All after the Biden Administration declared monkeypox a public health emergency.

As noted by CNN: “Since the first US monkeypox case was identified in mid-May, more than 6,600 probable or confirmed cases have been detected in the United States. Cases have been identified in every state except Montana and Wyoming. Some cities and states, including New York City, San Francisco, California, Illinois and New York, have already declared monkeypox an emergency, allowing them to free up funding and resources for their responses to the outbreak.”

SIGA could move higher on that news, as it prepares to ramp up manufacturing of its TPOXX treatment. The company is also fielding requests for treatment from countries around the world looking for supply.


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