ADMA Biologics shares are trading higher after the company announced it received U.S. Food and Drug Administration approval for its ADMA BioCenters plasma collection facility.
Portfolio Pulse from Benzinga Newsdesk
ADMA Biologics has received approval from the U.S. Food and Drug Administration for its ADMA BioCenters plasma collection facility, leading to a rise in its share prices.
July 19, 2023 | 3:15 pm
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POSITIVE IMPACT
ADMA Biologics' stock is trading higher after receiving FDA approval for its plasma collection facility.
The FDA approval for ADMA Biologics' plasma collection facility is a significant regulatory milestone for the company. This approval can potentially lead to increased revenues and profitability, which is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100