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ADMA Biologics Receives BioNJ 2020 Innovator Award for ASCENIV™
RAMSEY, N.J. and BOCA RATON, Fla., Feb. 11, 2020 (GLOBE NEWSWIRE) -- ADMA Biologics, Inc. (Nasdaq: ADMA), an end-to-end commercial biopharmaceutical company
About this update from Adma Biologics Inc
[{"type":"text","content":"RAMSEY, N.J. and BOCA RATON, Fla., Feb. 11, 2020 (GLOBE NEWSWIRE) -- ADMA Biologics, Inc. (Nasdaq: ADMA), an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and for the prevention of certain infectious diseases, today announced that it was awarded the BioNJ 2020 Innovator Award in recognition of the development and approval of ASCENIV™ (immune globulin intravenous, human – slra 10% liquid) by the U.S. Food and Drug Administration (FDA) in 2019.\n “We are honored to be recognized by BioNJ with this prestigious award,” said Adam Grossman, President and Chief Executive Officer of ADMA. “The robust life sciences community in New Jersey provides ADMA with talented and dedicated healthcare professionals that are contributing to the launch and commercialization of ASCENIV, our novel, proprietary immune globulin product, which we believe can help appropriate patients in the U.S.” “The purpose of the BioNJ Innovator Award is to celebrate the dominant role New Jersey plays in the healthcare landscape and to highlight the vision and innovation contributed by these recipients,” said Debbie Hart, President and Chief Executive Officer of BioNJ. “We are delighted to present ADMA with the 2020 Innovator Award for its success in bringing ASCENIV to market to help immune deficient patients.” About Primary Humoral Immunodeficiency Primary humoral immunodeficiency (PI), also known as primary immune deficiency disease (PIDD), is a class of inherited genetic disorders that causes an individual to have a deficient or absent immune system. According to the World Health Organization, there are approximately 350 different genetic mutations encompassing PI. Some disorders are present at birth or in early childhood and the disorders can affect anyone regardless of age or gender. Some affect a single part of the immune system, others may affect one or more components of the system. PI patients are vulnerable to infections and are more likely to suffer complications from these infections compared to individuals with a normal functioning immune system. Because patients suffering from PI lack a properly functioning immune system, they typically receive monthly treatment with polyclonal immune globulin produ...