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China Biologic Products Enters into a Strategic Research and Development Agreement with IBT of CAMS
Date:9/24/2009

our collection and manufacturing processes," commented Mr. Chao Ming Zhao, CEO of China Biologic Products. "China's plasma-based industry is underpenetrated, partially due to the scarcity of investment in the research and development of new products, as compared to similar investment in more developed countries. We are pleased to enter into the research and development agreement with IBT, which we believe will enable us to leverage IBT's advanced scientific resources to accelerate our development of new products and improve the efficiency of our operations.

About the Institute of Blood Transfusion

Founded in 1958, the Institute of Blood Transfusion ("IBT") is a division of the Chinese Academy of Medical Sciences and Peking Union Medical College, based in Chengdu, Sichuan Province. As the exclusive state-level institute of transfusion medicine, IBT is primarily engaged in transfusion medicine and the research and development of relevant products. For over 40 years, IBT has made an extensive contribution to the construction and development of transfusion medicine in China, especially in the area of blood safety, HLA research and bank construction, and biotech research. IBT is mainly engaged in biochemical and molecular biology, microbiology, immunology, cell biology and biomedicine, and is a leader in the research and development of products related to safe blood transfusion, blood immunology, transfusion disposable materials, and blood biochemistry. IBT has received several prestigious awards from state and local institutions including 65 awards from the Chinese Ministry of Health and the Sichuan provincial government.

About China Biologic Products, Inc.

China Biologic Products, Inc. (the "Company"), through its indirect majority-owned subsidiaries, Shandong Taibang Biological Products Co. Ltd. and Chongqing Dalin Biologic Technologies Co., Ltd, and its equity investment in Xi'an Huiti
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SOURCE China Biologic Products, Inc.
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