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 the European Patent Office (EPO)
has issued European Patent No. 3375789, to the Company. This patent
relates to the treatment and prevention of S. pneumonia infections,
and in particular, to standardized hyperimmune globulins containing
elevated antibody titers for a plurality of S. pneumoniae
serotypes. This EPO granted patent complements ADMA’s existing U.S.
Pat. Nos. 10,259,865 and 11,084,870.
“This European patent, which augments ADMA’s existing U.S.
patent estate, highlights the Company’s emerging position as a
thought leader in the development and commercialization of
hyperimmune globulins which, we believe, will attract additional
collaborators interested in pursuing these areas of significant
unmet medical need,” stated Adam Grossman, President and Chief
Executive Officer of ADMA. “The EPO’s issuance of the S. pneumonia
patent, together with our previously granted U.S. patents, provides
protection for the potential development of a S. pneumonia
hyperimmune globulin. Despite widespread availability of U.S. Food
and Drug Administration (FDA) and European Medicines Agency
(EMA)-approved vaccines, all-cause pneumonia is among the leading
causes globally of vaccine preventable illness and deaths,
particularly among vulnerable patient populations, including the
immune compromised and the elderly. It is in this patient
population that we believe a pneumococcal hyperimmune globulin will
find significant medical utility and prove to be a favorable
end-market if successfully developed.”
Mr. Grossman continued: “ADMA continues to aggressively pursue
its proprietary, therapeutic technologies and associated
intellectual property (IP). In addition to its marketed and
pipeline hyperimmune respiratory syncytial virus (RSV) immune
globulin (IG) and hyperimmune S. pneumonia IG products, today’s
announcement underscores ADMA’s capabilities to develop,
commercialize and protect its tailored IG pools technology,
containing for example, one or more antibodies that are added or
‘spiked’ into an IG pool. We believe this novel, exciting
therapeutic approach has the potential to significantly accelerate
and expand the development of hyperimmune globulins into a variety
of infectious disease categories and therapeutic indications. The
Company will continue to explore these and other hyperimmune
development opportunities, and we are confident ADMA’s unique IP
estate will provide significant value and IP breadth to a strategic
partner possessing its own commercial product IP.”
Regarding the ’spiking’ of monoclonal antibodies into IG, this
approach was recently referenced during the FDA’s Blood Products
Advisory Committee (BPAC) meeting on November 4, 2021.
Specifically, panelists discussed escape mutants for Hepatitis B
virus (HBV) and how current vaccines and antiviral medications may
not cover these emerging strains. FDA discussions evolved into the
possibility of using IG with monoclonal antibodies to combat and
protect from emerging mutant strains, the very same platform ADMA
has positioned itself over the past several years to develop,
commercialize and protect.
About ADMA Biologics, Inc.
(ADMA)
ADMA 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. Through its ADMA BioCenters subsidiary, ADMA also
operates as an FDA-approved source plasma collector in the U.S.,
which provides a portion of its blood plasma for the manufacture of
its products. ADMA’s mission is to manufacture, market and develop
specialty plasma-derived, 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 has
received U.S. Patents 9,107,906, 9,714,283, 9,815,886, 9,969,793
and 10,259,865 and European Patent No. 3375789 related to certain
aspects of its products and product candidates. For more
information, please visit www.admabiologics.com.
Cautionary Note Regarding
Forward-Looking Statements
This 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.
and its subsidiaries (collectively, “we,” “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
“estimate,” “project,” “intend,” “forecast,” “confident,” “target,”
“anticipate,” “plan,” “potential,” “planning,” “expect,” “believe,”
“will,” “should,” “could,” “would,” “may,” or, in each case, their
negative, or words or expressions of similar meaning. These
forward-looking statements also include, but are not limited to,
statements about ADMA’s intellectual property portfolio and its
corresponding value. 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.
COMPANY CONTACT: Skyler Bloom Senior Director,
Corporate Strategy and Business Development | 201-478-5552 |
sbloom@admabio.com
INVESTOR RELATIONS CONTACT:Michelle Pappanastos
Senior Managing Director, Argot Partners | 212-600-1902 |
michelle@argotpartners.com
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