ADMA Biologics Set to Join S&P SmallCap 600 Index
17 September 2024 - 9:00PM
ADMA Biologics, Inc. (Nasdaq: ADMA) (“ADMA”), an end-to-end
commercial biopharmaceutical company dedicated to manufacturing,
marketing, and developing specialty biologics, today announced it
will join the S&P SmallCap 600 index, effective prior to the
open of trading on Monday, September 23, 2024. The S&P SmallCap
600 seeks to measure the small-cap segment of the U.S. equity
market.
"ADMA’s inclusion in the S&P SmallCap 600
index is a significant milestone for our company," Adam Grossman,
President and Chief Executive Officer of ADMA. "We expect this
inclusion will increase our visibility within the investment
community and the liquidity of our shares as we continue to execute
on our top-tier growth strategy."
The S&P SmallCap 600 Index is a stock market
index established by Standard & Poor's that is designed to
measure the performance of the small-cap segment of the market and
is composed of 600 constituent companies in the U.S. equities
market. The index is designed to track companies that meet specific
inclusion criteria to ensure that they are liquid and financially
viable. For more information on the S&P SmallCap 600 and
S&P Dow Jones Indices, please visit www.spdji.com.
About ADMA Biologics, Inc.
(ADMA)
ADMA Biologics is an end-to-end commercial
biopharmaceutical company dedicated to manufacturing, marketing and
developing specialty 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
United States Food and Drug Administration (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. Through its ADMA BioCenters
subsidiary, ADMA also operates as an FDA-approved source plasma
collector in the United States, which provides its blood plasma for
the manufacture of its products. ADMA’s mission is to manufacture,
market and develop specialty biologics and human immune globulins
targeted to niche patient populations for the treatment and
prevention of certain infectious diseases and management of immune
compromised patient populations who suffer from an underlying
immune deficiency, or who may be immune compromised for other
medical reasons. ADMA holds numerous U.S. and foreign patents
related to and encompassing various aspects of its products and
product candidates. For more information, please visit
www.admabiologics.com.
Cautionary Note Regarding
Forward-Looking StatementsThis press release contains
“forward-looking statements” pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995, about ADMA
Biologics, Inc. (“ADMA,” “our” or the “Company”). Forward-looking
statements include, without limitation, any statement that may
predict, forecast, indicate, or imply future results, performance
or achievements, and may contain such words as “confident,”
“estimate,” “project,” “intend,” “forecast,” “target,”
“anticipate,” “plan,” “planning,” “expect,” “believe,” “will,” “is
likely,” “will likely,” “should,” “could,” “would,” “may,” or, in
each case, their negative, or words or expressions of similar
meaning. These forward-looking statements include, but are not
limited to, statements about the Company’s presence in the
investment community and the liquidity of shares of our common
stock. Actual events or results may differ materially from those
described in this press release due to a number of important
factors. Current and prospective security holders are cautioned
that there also can be no assurance that the forward-looking
statements included in this press release will prove to be
accurate. Except to the extent required by applicable laws or
rules, ADMA does not undertake any obligation to update any
forward-looking statements or to announce revisions to any of the
forward-looking statements. Forward-looking statements are subject
to many risks, uncertainties and other factors that could cause our
actual results, and the timing of certain events, to differ
materially from any future results expressed or implied by the
forward-looking statements, including, but not limited to, the
risks and uncertainties described in our filings with the U.S.
Securities and Exchange Commission, including our most recent
reports on Form 10-K, 10-Q and 8-K, and any amendments thereto.
INVESTOR RELATIONS
CONTACT:Argot Partners | 212-600-1902 |
ADMA@argotpartners.com
Adma Biologics (NASDAQ:ADMA)
Historical Stock Chart
From Oct 2024 to Nov 2024
Adma Biologics (NASDAQ:ADMA)
Historical Stock Chart
From Nov 2023 to Nov 2024