Upon completion of the acquisition, China Biologic plans to re-open the additional plasma collection station in 2009. China Biologic intends to employ more advanced collection techniques at these stations, improving the company's yields and generating additional plasma supply.

Chao Ming, CEO of China Biologic Products, said: "This acquisition will transform our company to become the largest non-state-owned producer of plasma-based biopharmaceutical products in China, in terms of market share and production capacity. We expect that this transaction will allow us to increase our supply of plasma by almost doubling our collection quantity, expand our product portfolio and achieve our geographic expansion plans."