THANK YOU FOR SUBSCRIBING
Pharma Tech Outlook | Wednesday, September 22, 2021
The VanRx fill-finish machine employs a cutting-edge closed isolator design, removing the need for human intervention and providing patients with safe drug products.
FREMONT, CA: DMA Biologics, an end-to-end commercial biopharmaceutical company devoted to manufacturing, marketing, and developing specialty plasma-derived biologics, confirmed that the FDA has approved the company’s in-house aseptic fill-finish machine, the VanRx SA25 (VanRx).
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
The VanRx fill-finish machine employs a cutting-edge closed isolator design, removing the need for human intervention and providing patients with safe drug products. The VanRx machine can quickly switch between different container and closure formats, allowing for aseptic filling in a variety of fill volumes and presentation sizes.
“The FDA approval of the VanRx marks the successful completion of ADMAs multi-year supply chain enhancement initiative, firmly establishing ADMA as the only American domiciled end-to-end producer of specialty plasma-derived biologic drugs. The recent announcement is expected to have transformative financial and strategic implications for ADMA as the Company now joins an elite group of U.S.-based drug manufacturers with comprehensive in-house control of its critical manufacturing functions,” said Adam Grossman, President and Chief Executive Officer of ADMA. “The VanRx approval provides ADMA with internal fill-finish operations, capable of sufficiently addressing all forecasted production requirements for our commercial products. With the VanRx operational, we are anticipating meaningfully improved gross margins, enhanced patient supply consistency, accelerated inventory production cycle times, and increased control and visibility of commercial product lot releases, creating more predictable near-term revenue results.”
The integration of the FDA-approved enhanced BIVIGAM manufacturing production scale earlier this year and the augmented vertical integration resulting from the VanRx machine approval is believed to enable ADMA to bring its products to market faster, strengthen gross margins, and significantly increase ADMA’s end-to-end control over its vital manufacturing process.
“The approval of the VanRx will also provide ADMA with the opportunity to onboard new fill-finish contract manufacturing opportunities with third parties. This additional revenue stream can provide the company with the ability to potentially exceed previous financial targets, which we will update as progress unfolds. With extensive vertical integration successfully established and the company’s more meaningful capital investment initiatives having now concluded, ADMA is entering the next phase of its profit-focused growth strategy. We look forward to sustaining quarter-over-quarter revenue growth for the foreseeable future as well as meaningfully improving profitability metrics in the periods ahead,” added Grossman.
ADMA will continue to collaborate with its third-party contract manufacturing organization (CMO) fill-finish partner, which will continue to fill a portion of ADMA’s production at their location. The CMOs site will remain in ADMA’s FDA-approved product Biologics License Applications in order to provide the company with options in the future to ensure supply-chain robustness.
More in News