SIGA is the only winner in this appeal. SIGA will earn 285 million dollars over 2 years. PIP doesn't get cash - PIP gets net profits. SIGA never submitted their NDA and, as per SIGA's last conference call, they have deferred revenues until they have an NDA approval for ST-246. That NDA approval will not happen any time soon. Therefore, as long as SIGA fails to show a net profit, PIP gets nothing.
nice guess....not. Pip is only up because they happen to always have a great CC, while SIGA stinks (intentionally) at CC's. And the ONLY way that SIGA is a winner is if PIP is paid off/settlement. A merger is NOT happening. They will NEVER do any hand-holding EVER again. No one would have the guts to start that discussion.