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China Biologic Raises $9.6 Million

publication date: Jun 8, 2009

China Biologic Products, a blood plasma company, placed $9.6 million in convertible notes with accredited investors. China Biologic has been expanding by buying other blood plasma companies, and it is now the largest non-state owned blood plasma enterprise in China. The money will be used for final payments on its two latest purchases and to increase working capital. More details...

Stock Symbol: (OTCBB: CBPO)



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