ADMA Biologics Inc (OQ:ADMA)

Business Focus: Bio Therapeutic Drugs

Sector:  Healthcare Industry:  Biotechnology & Medical Research
 
See Regulatory Filings on SEC
Company Contact
Address: C/O Adma Biologics
Inc., 465 State Route 17
RAMSEY NJ 07446
Tel: N/A
Website: https://www.admabiologics.com
IR: See website
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Key People
Steven A. Elms
Chairman of the Board
Adam S. Grossman
President, Chief Executive Officer, Director
Jerrold B. Grossman
Vice Chairman of the Board
Brian Lenz
Chief Financial Officer, Executive Vice President
James Mond
Chief Scientific and Medical Officer
 
Business Overview
ADMA Biologics, Inc. is a late-stage biopharmaceutical company that develops, manufactures and intends to market specialty plasma-based biologics for the treatment and prevention of infectious diseases. The Company is engaged in the development and commercialization of human plasma and plasma-derived therapeutics. Its segments include Plasma Collection Centers, which includes its operations in Georgia; Research and Development, which includes its plasma development operations in New Jersey, and Corporate. Its targeted patient populations are immune-compromised individuals suffering from an underlying immune deficiency disorder or may be immune-suppressed for medical reasons. Its product candidates are intended to be used by physician specialists focused on caring for immune-compromised patients at risk of contracting infectious diseases. Its intravenous immunoglobulin product candidate, RI-002, is intended for the treatment of primary immune deficiency disease.
Financial Overview
For the six months ended 30 June 2018, ADMA Biologics Inc revenues increased 44% to $8.7M. Net loss increased from $15.6M to $32.6M. Revenues reflect ADMA Bio Manufacturing segment increase from $539K to $3.8M, Corporate segment remaining flat at $71K. Higher net loss reflects ADMA Bio Manufacturing segment loss increase from $3.1M to $22.6M, Plasma Collection Center segment loss increase of 78% to $2M.
Employees: 295 as of Dec 31, 2017
Reporting Currency: U.S. Dollars
Enterprise value: $245.98M as of Jun 30, 2018
Annual revenue (TTM): $25.43M as of Jun 30, 2018
EBITDA (TTM): -$50.10M as of Jun 30, 2018
Net annual income (TTM): -$60.76M as of Jun 30, 2018
Free cash flow (TTM): -$58.07M as of Jun 30, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 46,349,514 as of Aug 8, 2018
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization