Item 8.01 Other Events.
On January 13, 2021, SIGA Technologies, Inc. (the "Company") announced that the
Public Health Agency of Canada (the "PHAC") has awarded a contract (the
"Contract") to Meridian Medical Technologies, Inc., a Pfizer Company
("Meridian"), pursuant to which PHAC will purchase up to approximately $33
million of oral TPOXX® (tecovirimat) within five years. The Contract specifies
firm commitments for the purchase of approximately $3.4 million of oral TPOXX by
March 31, 2021 and a cumulative purchase of approximately $17.2 million of oral
TPOXX by March 31, 2023. The remaining courses under the Contract are scheduled
to be purchased after March 31, 2023 and are subject to option exercise by PHAC.
The Contract award follows, but is separate and incremental to, the issuance in
April, 2020 of a contract by the Canadian Department of National Defence for the
delivery of up to approximately $14 million of oral TPOXX. The contract award
was coordinated between the Company and Meridian under the international
promotion agreement that was entered into between the Company and Meridian on
June 3, 2019.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
Exhibit No. Description
99.1 Press Release, dated January 13, 2021
104 Cover Page Interactive Data File (embedded within the Inline
XBRL document)
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