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ADMA Biologics Receives Financial Backing

Secures up to $21 million loan from Oxford Finance

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By: Tim Wright

Editor-in-Chief, Contract Pharma

ADMA Biologics, Inc., a late-stage biopharmaceutical company developing specialty plasma-based biologics for the treatment and prevention of certain infectious diseases, has entered into a loan and security agreement with Oxford Finance LLC for up to $21 million. “This new funding from Oxford allows us to refinance our existing loan and provides us the opportunity to extend and increase our current cash resources, while further advancing our commercialization activities,” said Brian Lenz, vic...

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