China National Biotech Group Institute Buys Vaccine Conjugate Technology From FinaBio

by Richard Daverman, PhD

August 20, 2012 -- The Chengdu Institute of Biological Products (CDIBP) has licensed technology for producing less-expensive conjugate vaccines from Fina Biosolutions LLC, a Maryland company that provides protein purification and bioconjugation services. CDIBP will use the technology to develop pneumococcal conjugate vaccines for the China market. CDIBP is a subsidiary of China National Biotec Group (CNBG), which is part of China National Pharmaceutical Group Corporation (Sinopharm). CDIPB will pay FinaBio an upfront fee, milestone payments and royalties. More details....

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