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$2.8B Contract at Stake

PharmAthene Wins 50% of Profits; SIGA Plans Appeal

By Trista Morrison

Friday, September 23, 2011
PharmAthene Inc. scored a stunning victory in its five-year legal battle against SIGA Technologies Inc., with the Delaware Court of Chancery awarding PharmAthene half of the net profits from SIGA's smallpox drug ST-246, subject of a government contract worth up to $2.8 billion.

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