SIGA Technologies

SIGA Technologies

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Private Company

Total funding raised: $562M

Market Cap: $375.4MPipeline: 11 drugs (3 Phase 3)Patents: 20Founded: 1995Employees: ~50HQ: New York, United States

Overview

SIGA Technologies' mission is to protect humanity against severe infectious diseases by developing and commercializing critical medical countermeasures. Its core achievement is the successful development and regulatory approval of TPOXX® (tecovirimat), the first oral antiviral for smallpox, which forms the cornerstone of a durable, government-focused revenue stream. The company's strategy is to deepen its role as an essential biodefense partner to the U.S. and allied governments while expanding TPOXX's label into new indications like post-exposure prophylaxis and pediatric use, thereby solidifying its market leadership in the orthopoxvirus space.

Infectious DiseaseBiodefense

Technology Platform

Structure-based small-molecule antiviral discovery platform with deep expertise in orthopoxvirus biology, focused on inhibiting essential viral proteins like VP37 to prevent viral spread.

Pipeline

11
11 drugs in pipeline3 in Phase 3

Funding History

6
Total raised:$562M
Grant$433M
IPO$30M
Grant$55M
Grant$24.6M

FDA Approved Drugs

2
TPOXXNDAMay 18, 2022
TPOXXNDAJul 13, 2018

Opportunities

Near-term FDA approval for Post-Exposure Prophylaxis (PEP) could trigger a significant new U.S.
government procurement cycle.
Growing international biodefense spending among allied nations provides a substantial ex-U.S.
growth vector for stockpiling.

Risk Factors

Extreme revenue concentration and dependency on U.S.
government procurement decisions, which are subject to political and budgetary shifts.
The business is a single-asset company, making it highly vulnerable to any safety, manufacturing, or regulatory issue with TPOXX.

Competitive Landscape

Effectively holds a monopoly following Chimerix's exit from the market. Competition is limited to early-stage vaccine developers and government/academic research, none of which offer a directly competing, approved therapeutic. High regulatory and relationship barriers protect SIGA's position.

Company Timeline

1995Founded

Founded in New York, United States

2006IPO

IPO — $30.0M

2006Grant

Grant: $55.0M

2011Grant

Grant: $433.0M

2018FDA Approval

FDA Approval: TPOXX

2022FDA Approval

FDA Approval: TPOXX