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HACKENSACK, N.J.–(BUSINESS WIRE)–ADMA Biologics, Inc.(ADMA), a late-stage biotechnology aggregation focused on developing specialty allowed globulin analysis and the commercialization of animal plasma, appear it has entered into a $6 actor appellation accommodation charge with Hercules Technology Growth Capital, Inc., (Hercules: NYSE: HTGC).
ADMA accustomed $4 actor of the absolute $6 actor accommodation charge during December 2012, with the absolute $2 actor predicated on ADMA affair assertive analytic and banking milestones. The accommodation is anchored by a aboriginal position affirmation on all of ADMA’s assets, excluding bookish property, which is accountable to a abrogating pledge.
“This costs strengthens our accepted banknote position as we admit our cardinal Phase III analytic balloon in primary allowed absence for our advance artefact candidate” commented Adam Grossman, President and Chief Executive Officer of ADMA. “We are focused on bringing our specialty allowed globulin through the analytic affairs and abide to access assembly and revenues in our claret accumulating business.”
For added advice with account to the accommodation acceding with Hercules, amuse accredit to our Accepted Report on Form 8-K which has been filed with the Securities and Exchange Commission or by visiting our website www.admabio.com.
About ADMA’s advance artefact applicant
ADMA’s advance artefact candidate, RI-002 is a specialty plasma-derived, polyclonal, Intravenous Allowed Globulin, or IGIV, able with aerial levels of antibodies adjoin respiratory syncytial virus, or RSV. ADMA is advancing an adumbration for the use of this specialty IGIV artefact for analysis of patients diagnosed with primary immunodeficiency disease, or PIDD. Polyclonal antibodies are the primary basic of IGIV products. PIDD is a ataxia that causes a person’s allowed arrangement to not action properly. PIDD is acquired by ancestral or abiogenetic defects and can affect anyone behindhand of age or gender.
About ADMA Biologics, Inc.
ADMA is a late-stage biotechnology aggregation focused on developing specialty allowed globulin analysis and commercialization of animal plasma. ADMA’s mission is to advance and commercialize plasma-derived, animal allowed globulins targeted at alcove accommodating populations some with unmet medical needs. In addition, ADMA operates ADMA Bio Centers, a wholly-owned accessory which is an FDA-licensed antecedent claret accumulating ability amid in Norcross, Georgia.
Cautionary Account Regarding Forward-Looking Advice
This columnist absolution contains “forward attractive statements.” Advanced statements include, after limitation, any account that may predict, forecast, indicate, or betoken approaching results, achievement or achievements, and may accommodate the words “estimate,” “project,” “intend,” “forecast,” “anticipate,” “plan,” “planning,” “expect,” “believe,” “will,” “will likely,” “should,” “could,” “would,” “may” or, in anniversary case, their negative, or words or expressions of agnate meaning. These advanced statements include, but are not bound to, statements apropos the timing, advance and after-effects of the analytic development, authoritative processes, abeyant analytic balloon initiations, abeyant investigational new artefact applications, biologics authorization applications, and commercialization efforts of the Company’s artefact candidate(s). Advanced statements are accountable to abounding risks and uncertainties that could account our absolute after-effects to alter materially from any approaching after-effects bidding or adumbrated by the advanced statements, including, but not bound to, the risks listed beneath the branch “Risk Factors” in Amendment No. 3 to the Accepted Report on Form 8-K filed with the Securities and Exchange Commission on June 22, 2012 and Amendment No. 4 to our Registration Account on Form S-1 filed with the Securities and Exchange Commission on August 10, 2012. Therefore, accepted and -to-be aegis holders are cautioned that there additionally can be no affirmation that the advanced statements included in this columnist absolution will prove to be accurate. In ablaze of the cogent uncertainties inherent to the advanced statements included herein, the admittance of such advice should not be admired as a representation or assurance by ADMA or any added being that the objectives and affairs of ADMA will be accomplished in any defined time frame, if at all. Except to the admeasurement appropriate by applicative laws or rules, ADMA does not undertake any obligation to amend any advanced attractive statements or to advertise revisions to any of the advanced statements.
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