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PharmAthene, Inc. Message Board

  • nowbehere111 nowbehere111 Mar 10, 2014 5:11 PM Flag

    siga cc?

    anyone hear it? i called at 4:58 but just empty air. started at 4:30?? apparently drod4ball on siga board didnt like it. are they waiting for pip cc tomorrow to say something?

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    • I did not hear the cc. drod4ball is purely negative, so should be discounted. Sales and earnings dropped for siga. Read this for their press release:

      In 2013, SIGA delivered approximately 920,000 courses of Arestvyr to the U.S. Strategic National Stockpile, of which approximately 195,000 courses were delivered at no cost to the Biomedical Advanced Research and Development Authority (BARDA) in accordance with the BARDA contract. For deliveries of product, and other related activities, SIGA received $109.7 million from BARDA in 2013. In accordance with generally accepted accounting principles, substantially all of the cash received from BARDA has been classified as deferred revenue in SIGA's financial statements.

      In February 2014, SIGA delivered approximately 256,000 courses of Arestvyr to the U.S. Strategic National Stockpile, of which approximately 192,000 courses will be invoiced and the remainder will be at no cost to BARDA.

 
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