BTA 0.00% 57.0¢ biota holdings limited

"I wouldn't be surprised to see a forward order soon for...

  1. 13,950 Posts.
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    "I wouldn't be surprised to see a forward order soon for Lani."

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    Interesting to note that BTA used Siga Tech e.g. to illustrate the impact of BARDA involvement on its market cap.

    They got multi hundred million $ procurement order (with max up to a couple o $billion) when its drug is only being produced now (and will take 2 years to produce) and it hasnt even been approved by the FDA.

    Moral of the story is? When BARDA gives you a couple o hundred million to develop a drug (Siga got $55M to develop theirs), as sure as night follows day, BARDA is gunna throw up a BIG procurement order at some stage.



 
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