TAIAN CITY, China, July 16 /PRNewswire-Asia-FirstCall/ -- China Biologic Products, Inc. (OTC Bulletin Board: CBPO) ("China Biologic" or the "Company"), one of the leading plasma-based pharmaceutical companies in the People's Republic of China ("PRC"), today announced that the Company hosted a forum of industry experts on July 10 - 11, 2009, at its headquarters in Tai'an, Shandong Province, to discuss future development strategies for the Company.
Experts from the bio-pharmaceutical industry included Mr. Zhongwei Zheng, head of the research and development center at the Institute of Blood Transfusion at the Chinese Academy of Medical Science, and Mr. Fengshan Wang, Dean of School of Pharmaceutical Sciences at the Shandong University. Messrs. Zheng and Wang and other domestic and international academics and experts, gathered together to discuss strategies for the development of the new China Biologic, which recently became the largest non-state-owned plasma-based pharmaceutical Company in China following the Company's acquisitions of Dalin Biologic Technologies and also its equity investment in Xi'an Huitian Blood Products.
The forum provided a platform for industry experts to discuss and provide advice to the Company that could create synergies among its subsidiaries including, the initiation of research and development of new drugs, efficient use of resources among the subsidiaries, quality control procedures during collection, production and distribution processes, and other expert opinions to create long term, sustainable growth for the Company.
"The forum has provided us with many strategic ideas to further the growth of the new China Biologic," said Mr. Chao Ming Zhao, CEO of China Biologic Products. "We look forward to implementing some of those strategies and create synergies among our subsidiaries."
About China Biologic Products, Inc.
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|SOURCE China Biologic Products, Inc.|
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