China Biologic Products Awarded Innovation Grant

January 15, 2008 -- China Biologic Products (Pink sheets: CBPO) of Tai’an City, Shandong received a provincial grant of 1.5 million RMB ($200,000) to upgrade its plasma production facilities. The grant came from the Double Hundred project established by the Shandong Provincial government, which seeks to encourage technologically innovative industries. Although China Biologic is listed in the Pink Sheets, it has the revenues and balance sheet of a much larger company. More details...

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