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BRIEF-China Biologic to build new collection station in Shandong province
January 6, 2017 / 1:48 PM / 8 months ago

BRIEF-China Biologic to build new collection station in Shandong province

Jan 6 (Reuters) - China Biologic :

* China Biologic to build new collection station and new branch collection facility in Shandong province

* Aggregate capital expenditures for facilities expected to be in range of RMB40 million-RMB50 million, or about $5.8 million- $7.2 million

* Once operational, company's new JU county collection station, is expected to increase total collection capacity by about 5 pct

* Expects to commence commercial operations of newly approved plasma collection station, branch collection facility by end 2017 Source text for Eikon: Further company coverage:

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