Siga Technologies (SIGA +29%) rallies a day after a board member responds to allegations of...

|About: SIGA Technologies Inc. (SIGA)|By:, SA News Editor

Siga Technologies (SIGA +29%) rallies a day after a board member responds to allegations of unfair practices in the awarding of a multi-billion dollar government contract to the pharmaceutical company, saying the contract was given in a competitive process but its rival did not meet the requirements at the time of the contract award.