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Wednesday, July 2, 2014

China Biologic Products Inc., of Beijing, said it priced a follow-on offering of about 1.6 million shares of common stock at a price of $38 per share. Of those, the company will be offering 800,000 shares for gross proceeds of about $30.4 million. The remaining 750,000 shares will be sold by a company stockholder, and China Biologic will not receive any of those proceeds.

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