Smallpox drugmakers rally as WHO expects more cases of monkeypox

Geovax Labs

23/05/2022 13:45

(Updates)
    ** Shares of U.S. smallpox vaccine and drugmakers jump
premarket, set to extend a rally for a third straight
session urn:newsml:reuters.com:*:nL3N2XC2PN
    ** The U.S. on Sunday identified its third suspected case of
monkeypox, a viral infection that is similar to smallpox but
milder  urn:newsml:reuters.com:*:nL2N2XF01P  urn:newsml:reuters.com:*:nL2N2XC2EX
    ** SIGA Technologies  SIGA.O  and GeoVax Labs  GOVX.O  jump
15% and 23%, respectively, the top two active stocks across U.S.
exchanges
    ** Other smallpox companies Emergent BioSolutions  EBS.N ,
Chimerix  CMRX.O  and Tonix Pharmaceuticals  TNXP.O  climb
1.2%-11.5%
    ** SIGA is the top-trending stock on retail investor-focused
forum Stocktwits.com, while other smallpox pharma companies like
GOVX, TNXP and CMRX are among the top watched stocks on it 
    ** Nearly 7.7 mln shares of SIGA traded so far, more than
three times its 50 DMA
    ** Smallpox peers in China also surged on Monday
 urn:newsml:reuters.com:*:nL2N2XF09Y
    ** The WHO on Saturday said it expects to identify more
cases of monkeypox as it expands surveillance in countries where
the disease is not typically found  urn:newsml:reuters.com:*:nL2N2XD0EN
    

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Smallpox companies gain as monkeypox enters the United States   
https://tmsnrt.rs/3MDl0ss
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 (Reporting by Ruhi Soni and Bansari Mayur Kamdar in Bengaluru)
 ((Ruhi.Soni@thomsonreuters.com
Twitter: https://twitter.com/ruhithere))