PharmAthene receives $90M from SIGA over the past month; $93.7M to go

|By:, SA News Editor

PharmAthene (PIP +2.6%) reports that it received $90M from SIGA Technologies related to the settlement of their litigation over smallpox antiviral Arestvyr. It has now received $115M plus $6.6M in interest. SIGA has until the end of November to pay the remaining $93.7M plus interest.

Previously: Delaware Supreme Court upholds $195M judgement to PharmAthene; SIGA files reorganization plan (Dec. 23, 2015)

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