Tech Company Financing Transactions
SIGA Technologies Funding Round
SIGA Technologies, based in New York, secured $15 million from Canadian Department of National Defence (DND).
Transaction Overview
Company Name
Announced On
10/28/2026
Transaction Type
Debt
Amount
$15,000,000
Round
Undisclosed
Proceeds Purpose
The contract will fund the procurement and supply of oral TPOXX® (tecovirimat), an antiviral medication used to treat smallpox, for the Canadian Department of National Defence through its Strategic Medical Countermeasures Program. The agreement will help maintain access to this approved medical countermeasure for the Canadian Armed Forces, strengthening military medical preparedness and Canada's ability to respond to a potential smallpox outbreak or other public health emergency. The contract provides for purchases of up to approximately $15 million by March 31, 2031, including approximately $9 million in firm commitments over the first three years and a further $6 million subject to the exercise of purchase options.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
31 East 62nd Street
New York, NY 10065
US
New York, NY 10065
US
Phone
Website
Email Address
Overview
SIGA is a leader in global health, developing medicines to prevent and treat emerging infectious diseases with high unmet medical needs. Infectious diseases pose an imminent and severe threat to global health that cannot be adequately addressed with vaccines alone. Smallpox is particularly worrisome because it is highly infectious and deadly. We are developing best-in-class products to treat this infection in patients worldwide.?
Management Team
Title
Name
Email & Social
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