“Entering 2024 from a position of strength, we’re increasing both top and bottom-line financial guidance due to robust business trends and strong forward-looking product demand indicators. Additionally, we’ve identified new growth opportunities that we believe have the potential to approximately double currently provided peak revenue and earnings by the end of this decade,” said Adam Grossman, President and Chief Executive Officer of ADMA. “These growth opportunities, such as manufacturing yield enhancement and the commencement of pre-clinical development for our new S. pneumonia hyperimmune pipeline program, are expected to be capital-efficient and will not impact the upwardly revised 2024-2025 profitability guidance.”
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