PharmAthene shareholders to begin seeing payout...

PharmAthene shareholders to begin seeing payout...

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Nearly two years ago, Annapolis biodefense firm PharmAthene Inc. won a $195 million judgment in a long-running lawsuit with Siga Technologies Inc. Now, PharmAthene (NYSE: PIP) told shareholders as it released its third quarter earnings Friday, they may soon reap the rewards from that payout. Company officials said they intend to distribute at least 90 percent of the after tax, net cash proceeds of those payments from Siga in the first quarter of 2017. In a Securities and Exchange Commission filing,…

































from http://www.bizjournals.com/baltimore/news/2016/11/09/pharmathene-shareholders-to-begin-seeing-payout.html?ana=RSS%26s=article_search