Attached files
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8-K - FORM 8-K - China Biologic Products Holdings, Inc. | form8k.htm |
EX-16.1 - EXHIBIT 16.1 - China Biologic Products Holdings, Inc. | exhibit16-1.htm |
Exhibit 99.1
Company Contact:
Mr. Y. Tristan Kuo
Chief Financial Officer
China Biologic Products, Inc.
Tel: +86-538-6202206 in China
Email: IR@chinabiologic.com
www.chinabiologic.com
FOR RELEASE AT 8:00 a.m. EST (New York) on December 23, 2010
China Biologic Appoints KPMG as its Independent Registered Public
Accounting Firm
TAI'AN, China, December 23, 2010 -- China Biologic Products, Inc. (Nasdaq:
CBPO the Company), one of the leading plasma-based biopharmaceutical companies
in the People's Republic of China, today announced that it has dismissed Frazer
Frost, LLP (Frazer Frost) as the Companys independent registered public
accounting firm and has appointed KPMG in its stead.
The decision to change auditors was not the result of any disagreement between
the Company and Frazer Frost on any matter of accounting practices, financial
statement disclosure, or auditing scope or procedure. The change was authorized
and approved by the Companys board of directors on December 22, 2010.
About China Biologic Products, Inc.
China Biologic Products, Inc., through its indirect majority-owned subsidiaries,
Shandong Taibang Biological Products Co., Ltd. and Guiyang Dalin Biologic
Technologies Co., Ltd. and its equity investment in Xi'an Huitian Blood Products
Co., Ltd., is currently one of the leading plasma-based biopharmaceutical
companies in China. The Company is a fully integrated biologic products company
with plasma collection, production and manufacturing, research and development,
and commercial operations. The Company's plasma-based biopharmaceutical products
are irreplaceable during medical emergencies and are used for the prevention and
treatment of various diseases. The Company sells its products to hospitals and
other healthcare facilities in China. For additional information, please see the
Company's website at http://www.chinabiologic.com.
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