SIGA Technologies reported financial results for the three and twelve months ended December 31, 2020. The fourth quarter was highlighted by the delivery of approximately 112,000 courses of oral TPOXX® to the U.S. strategic national stockpile (SNS), generating revenue of approximately $35 million. The company also announced the first international contract for oral TPOXX® with the contract award by the Canadian Military for its procurement.
Delivered approximately 112,000 courses of oral TPOXX® to the U.S. strategic national stockpile (SNS) in Q4 2020.
Recognized approximately $35 million of revenue from TPOXX® deliveries in Q4 2020.
Filed submissions for regulatory approval of oral TPOXX® in Europe and Canada.
Repurchased approximately 1 million shares of its common stock for approximately $6.7 million during Q4 2020.
SIGA Technologies anticipates further expansion in the international procurement of oral TPOXX® in the coming years.
Visualization of income flow from segment revenue to net income