PharmAthene Now Up 27%

Shares of small-cap biotech company PharmAthene PIP are now trading around 27% higher at $3.07. The stock was highlighted on SeekingAlpha yesterday, and could be a beneficiary of a lawsuit that the company is engaged in with Siga Technologies SIGA. PharmAthene, Inc. is a biodefense company engaged in the development and commercialization of medical countermeasures against biological and chemical weapons.
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