EC purchases monkeypox treatment courses to meet immediate needs

26 September 2022

The European Commission (EC) today announced it has secured over 10,000 treatment courses of tecovirimat to treat monkeypox.

SIGA Technologies’ (Nasdaq: SIGA) tecovirimat, sold under the trade name TPOXX, is authorized for use to treat smallpox, monkeypox and cowpox in the European Union. The company’s shares rose as much as 4% to $10.70 following the announcement

This emergency procurement is funded by the Health Emergency Preparedness and Response Authority (HERA) and channelled via rescEU to treat patients in member states with immediate needs.

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