Fall 2017 - Innovation

ADMA Biologics Acquires Biotest’s Therapy Business Unit

ADMA Biologics, which develops, manufactures and commercializes specialty plasma-based biologics for the treatment of immune deficiencies and prevention of certain infectious diseases, has acquired Biotest Pharmaceuticals’ Therapy Business Unit (BTBU). As a result, ADMA has acquired Nabi-HB (hepatitis B immune globulin, human) and Bivigam (immune globulin intravenous, human), as well as the manufacturing and testing operations that consist of two facilities in Boca Raton, Fla. ADMA plans to file a biologics license application for its lead product candidate RI-002, a specialty plasma-derived, polyclonal, intravenous immune globulin to treat patients with primary immunodeficiency disease.

References

  1. ADMA Biologics Completes Acquisition of Biotest’s Therapy Business Unit Assets.ADMABiologics pressrelease,June 6, 2017.Accessed atwww.nasdaq.com/press-release/adma-biologics-completes-acquisition-of-bioteststherapy-business-unit-assets-20170606-01125.
BSTQ Staff
BioSupply Trends Quarterly [BSTQ] is the definitive source for industry trends, news and information for the biopharmaceuticals marketplace. With timely and critical information, each themed issue covers topics ranging from product breakthroughs, industry insights and innovations, up-to-the-minute news on the latest clinical trials, accessibility, and service and safety concerns.