Long Position on ADMA @ $11.75 on 7/11/2024 (Fundamentals)

ADMA Biologics, Inc. (ADMA), a biopharmaceutical company, engages in developing, manufacturing, and marketing specialty plasma-derived biologics for the treatment of immune deficiencies and infectious diseases in the United States and internationally.

The company offers BIVIGAM, an intravenous immune globulin (IVIG) product indicated for the treatment of primary humoral immunodeficiency (PI); ASCENIV, an IVIG product for the treatment of PI; and Nabi-HB for the treatment of acute exposure to blood containing Hepatitis B surface antigen and other listed exposures to Hepatitis B.

It develops a pipeline of plasma-derived therapeutics, including products related to the methods of treatment and prevention of S. pneumonia infection for an immunoglobulin.

In addition, it operates source plasma collection facilities.

The company sells its products through independent distributors, drug wholesalers, specialty pharmacies, and other alternate site providers. ADMA Biologics, Inc. was incorporated in 2004 and is headquartered in Ramsey, New Jersey.

Entry Point: $11.75

Trading Range: $3.06 - $12.15

Stop Loss: $11.16

Target Price: $13.00

Position closed on 7/16/2024 at price of $13.50 with a 14.89% gain in 5 days.

Back to Portfolio