Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- The FDA approved the intravenous (IV) formulation of SIGA Technologies Inc's (NASDAQ:SIGA) TPOXX for smallpox.
- The oral formulation of TPOXX (tecovirimat) is approved in the US, Canada, and Europe to treat smallpox.
- The European approval also includes the treatment of monkeypox, cowpox, and complications from immunization with vaccinia.
- The IV formulation of TPOXX was cited in the recent U.S. president's budget request as being used to treat a patient in the U.S. with monkeypox.
- Related: What Is Monkeypox Virus That Is Spreading in Europe, US.
- Siga Technologies had received requests to use its smallpox drug to treat monkeypox, its chief executive officer told Reuters on Thursday, as cases spread in parts of Europe.
- CEO Phil Gomez said that there had been no deliveries yet, but the company was "well-positioned" in terms of supply.
- "As you can imagine with the outbreak in Europe, we have received requests and we are responding to those as we can. We're engaged with our colleagues in Europe about the best way to support that response," Gomez said, without disclosing details on the requests.
- Price Action: SIGA shares are up 15.70% at $8.55 during the market session on the last check Thursday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!