FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “ADMA Biologics Receives FDA Approval for Increased Intravenous Immune Globulin Production Scale”
ADMA Biologics (NASDAQ: ADMA), Inc. shot up over 23% in premarket trading after the company was granted approval for an Increased Intravenous Immune Globulin Production Scale by the FDA.
The 4,400-liter IVIG plasma pool scale for BIVIGAM® will allow ADMA to expand its manufacturing plant’s total processing capacity from 400,000 liters to an anticipated peak throughput of up to 600,000 liters.
ADMA Biologics is an end-to-end American commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases. ADMA currently manufactures and markets three FDA-approved plasma-derived biologics for the treatment of immune deficiencies and the prevention of certain infectious diseases: BIVIGAM® (immune globulin intravenous, human) for the treatment of primary humoral immunodeficiency (PI); ASCENIV™ (immune globulin intravenous, human – slra 10% liquid) for the treatment of PI; and NABI-HB® (hepatitis B immune globulin, human) to provide enhanced immunity against the hepatitis B virus. ADMA manufactures its immune globulin products at its FDA-licensed plasma fractionation and purification facility located in Boca Raton, Florida.
For more information, please visit: ADMA Biologics, Inc.
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