SIGA to Participate at the Cantor Fitzgerald Virtual Global Healthcare Conference on September 17, 2020

Rhea-AI Summary

SIGA Technologies, a pharmaceutical company focused on health security, announced that CEO Dr. Phillip L. Gomez will participate in a fireside chat at the Cantor Fitzgerald Virtual Global Healthcare Conference on September 17, 2020, at 8:00 a.m. ET. The event will be accessible via a live webcast on the company's website, with a replay available afterward. SIGA’s primary product is TPOXX® (tecovirimat), an antiviral approved for smallpox treatment. The U.S. maintains a stockpile of 1.7 million doses under Project BioShield.

NEW YORK, Sept. 10, 2020 (GLOBE NEWSWIRE) -- SIGA Technologies, Inc. (SIGA) (NASDAQ: SIGA), a commercial-stage pharmaceutical company focused on the health security market, today announced that Dr. Phillip L. Gomez, SIGA’s Chief Executive Officer, will participate in a fireside chat at the Cantor Fitzgerald Virtual Global Healthcare Conference at 8:00 a.m. ET on Thursday, September 17, 2020.

To access the live webcast, please visit the Company's website at www.siga.com under the Events & Presentations tab in the Investor Relations section, or by clicking here. A replay will be available for a limited time following the presentation.

ABOUT SIGA TECHNOLOGIES, INC. and TPOXX^®

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 US maintains a stockpile of 1.7 million courses in the Strategic National Stockpile under Project BioShield. The oral formulation of TPOXX® was approved by the FDA for the treatment of smallpox in 2018. The full label is here: https://dailymed.nlm.nih.gov/dailymed/drugInfo.cfm?setid=fce826ab-4d6a-4139-a2ee-a304a913a253. In September 2018, SIGA signed a contract potentially worth more than $600 million with BARDA 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 SMALLPOX¹

Smallpox is a contagious, disfiguring and often deadly disease that has affected humans for thousands of years. Naturally occurring smallpox was eradicated worldwide by 1980, the result of an unprecedented global immunization campaign. Samples of smallpox virus have been kept for research purposes. This has led to concerns that smallpox could someday be used as a biological warfare agent. A vaccine can prevent smallpox, but the risk of the current vaccine's side effects is too high to justify routine vaccination for people at low risk of exposure to the smallpox virus.

FORWARD-LOOKING STATEMENTS

This press release contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements are subject to various known and unknown risks and uncertainties, and SIGA cautions you that any forward-looking information provided by or on behalf of SIGA is not a guarantee of future performance. More detailed information about SIGA and risk factors that may affect the realization of forward-looking statements, including the forward-looking statements in this press release, is set forth in SIGA's filings with the Securities and Exchange Commission, including SIGA's Annual Report on Form 10-K for the fiscal year ended December 31, 2019, and in other documents that SIGA has filed with the SEC. SIGA urges investors and security holders to read those documents free of charge at the SEC's web site at http://www.sec.gov. Interested parties may also obtain those documents free of charge from SIGA. Forward-looking statements are current only as of the date on which such statements were made, and except for our ongoing obligations under the United States of America federal securities laws, we undertake no obligation to update publicly any forward-looking statements whether as a result of new information, future events, or otherwise.

The information contained in this press release does not necessarily reflect the position or the policy of the Government and no official endorsement should be inferred.

Contacts:

Investors
David Carey
212-867-1768
david.carey@finnpartners.com

Media
Stephanie Seiler
206-713-0124
stephanie.seiler@finnpartners.com

¹ http://www.mayoclinic.org/diseases-conditions/smallpox/basics/definition/con-20022769

FAQ

When will SIGA participate in the Cantor Fitzgerald Virtual Global Healthcare Conference?

SIGA will participate in the conference on September 17, 2020, at 8:00 a.m. ET.

How can I access the SIGA webcast of the conference?

You can access the SIGA webcast through their website under the Events & Presentations tab.

What is TPOXX® and its significance for SIGA?

TPOXX® is an antiviral drug for the treatment of smallpox, and SIGA has a stockpile of 1.7 million doses in the U.S.

What major contract did SIGA sign related to TPOXX®?

In 2018, SIGA signed a contract potentially worth more than $600 million with BARDA for TPOXX®.

What disease does TPOXX® treat?

TPOXX® treats smallpox, a serious infectious disease caused by the variola virus.