ADMA BioCenters Receives FDA Approval for its Tenth Plasma Collection Center, Located in Laurel, MD

FDA Approval Signifies the Accomplishment of ADMA’s Corporate Goal of Plasma Supply Self-Sufficiency

RAMSEY, N.J. and BOCA RATON, Fla. and LAUREL, Md., Nov. 16, 2023 (GLOBE NEWSWIRE) -- ADMA Biologics, Inc. (NASDAQ: ADMA) (“ADMA” or the “Company”), an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics, today announced that it has received U.S. Food and Drug Administration (“FDA”) approval for its tenth ADMA BioCenters plasma collection facility located in Laurel, Maryland. This plasma collection facility commenced operations and initiated source plasma collection in the first half of 2023. With the FDA approval announced today, this facility is now licensed to introduce into interstate commerce human source plasma for further manufacturing in the U.S.

“The successful expansion of ADMA’s plasma collection network accomplishes the Company’s goal of plasma supply self-sufficiency, supports ongoing revenue growth objectives, and further enhances ADMA’s profitability outlook. The approval is a testament to the BioCenters team’s tireless commitment, and we thank the FDA for its efforts and expeditious review of the Laurel, MD Biologics License Application (“BLA”),” said Adam Grossman, President and Chief Executive Officer of ADMA.

“This milestone achievement has been several years in the making, and we commend our dedicated staff in making this achievement possible from both a timing and budgeting standpoint. We now anticipate that our fully FDA-licensed plasma collection center network will support the rapidly growing production needs for our IG portfolio,” said Brian Lenz, Executive Vice President, Chief Financial Officer, and General Manager, ADMA BioCenters.

This new, state-of-the-art plasma collection center features automated registration, high-tech collection equipment designed to shorten the donation process, free Wi-Fi wireless network in the donor collection area, individual flat-screen TVs with cable at each donor station, and highly trained and certified staff who put donor comfort and safety first. At full capacity, the plasma center expects to maintain a staff of 50 highly trained healthcare workers. This center is approved to use the state-of-the-art Haemonetics NexSys Persona plasma collection system.