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China Biologic Products (CBPO) Approved by CFDA to Commence ATIII Product Trials

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China Biologic Receives CFDA Clinical Trial Approval for Human Antithrombin III

October 11, 2016 8:30 AM EDT

BEIJING, Oct. 11, 2016 /PRNewswire/ -- China Biologic Products, Inc. (NASDAQ: CBPO) ("China Biologic" or the "Company"), a leading fully integrated plasma-based biopharmaceutical company in China, today announced that Shandong Taibang Biological Products Co. Ltd., the Company's majority-owned subsidiary, recently obtained approval from the China Food and Drug Administration (the "CFDA") to begin human clinical trials on its Human Antithrombin III ("ATIII") product.

ATIII is intended to treat hereditary and acquired ATIII deficiency in connection with surgical or obstetrical procedures, and to treat thromboembolism. No manufacturer in China currently offers plasma-derived ATIII... More