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Lilly buys TPOXX PRV from Siga for $80mm

Executive Summary

Siga Technologies Inc. sold its material threat medical countermeasure priority review voucher (PRV) to Eli Lilly & Co. for $80mm. Lilly did not disclose its plans for the voucher. The PRV is the first for a medical countermeasure issued by the FDA; it has previously issued vouchers for rare pediatric diseases and tropical diseases. Siga obtained the PRV in July following approval of its (TPOXX} (tecovirimat) smallpox drug.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • Other

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