ADMA rises as 60 Minutes teases segment on 'Promise of Plasma' - InvestingChannel

ADMA rises as 60 Minutes teases segment on ‘Promise of Plasma’

On its program airing Sunday, May 31, CBS News’ 60 Minutes will feature a segment titled “The Promise of Plasma,” in which Bill Whitaker reports on “how doctors are taking the blood plasma of COVID-19 survivors, and the virus-fighting antibodies in it, to create the life-saving therapy.” The Fly notes that on May 21, ADMA Biologics announced it has commenced the collection of convalescent plasma through its wholly-owned subsidiary, ADMA BioCenters Georgia, from individuals who have recovered from COVID-19. “Immune globulin is a plasma-derived medicine that is comprised of polyclonal antibodies and is routinely used for the prevention and treatment of certain infectious diseases. Currently, six producers of immune globulin, including ADMA Biologics, supply products to the US market,” the company stated at that time. In early Friday morning trading, ADMA shares are up 31c, or 11%, to $3.18.