Updated from 8:43 a.m.
was up 103.4% in preopen Instinet trading after the company said it had licensed its vaccine technology to U.S. Department of Defense contractor
as a countermeasure to the threat of biological warfare.
AVANT said the deal with DVC includes license fees, milestone payments and royalties of an undisclosed amount.
SIGA announced in a release Monday that its president and CEO, Philip N. Sussman, had resigned for personal reasons. No replacement was identified.