China Biologic Products, Inc.: Exhibit 10.23 - Prepared by TNT Filings
Inc.




 







Exhibit 10.23 


RAW PLASMA SUPPLY AGREEMENT 

(English Translation) 


Party A: Shandong Taibang Biological Products Co., Ltd 

Party B: Liao Cheng Tiantan Plasma Collection Station Co., Ltd 

Liao Cheng Tiantan Plasma Collection Station CO., Ltd (Party
B), as a partner of Shandong Taibang Biological Products Co., Ltd for assembling
blood plasma, which management and plasma collection should accord with the
request of "Blood Products Management Regulation", "Fundamental Standard of
Plasma Collection Station" and "Good Manufacturing Practice of Plasma Collection
Station". And according to the approval of Shandong Province Administrative
Department in charge of health, both parties establish the supply agreement. 

1.    
Supply Task 

Plasma supply should be up to 40
tons, including tetanus (or rabies antibody, hepatitis B) immunity plasma should
be 10 tons (antibody titer 4IU) 

2.    
Quality standard of plasma 

A    
Negative HbsAg 

B    
Negative anti-HCV 

C    
Negative anti-HIV 

D    
ALT 25 units (ALT) 

E    
Negative reaction of serum to RPR 

F    
The content of plasma protein 55g/l 

G    
No virus pollution 

H    
Other testing items should accord with the request of Health Department.
Appearance: Plasma should be clear liquid, no visible lipemia, chyle, fibrin
separate out, macroscopic red blood cell and any irregularity finding. 

3.    
Records and Label 

A    
Each bag should supply the complete collection record. In the record, there are
name of donation's name, plasma number, blood type, quantity, collection date,
physical examination, lab report and so on. 




B    
Each bag should have the complete label. In the label, there are donation's
name, card number, blood type, plasma number, collection date, quantity and
plasma company's name. 

C    
Each 25 bags shall be packed in one box. All shall have packing list. In the
packing list, there are the number of donation, bags and donation's lab reports.
The number of donation, bags and lab reports are consistent with collection
record. 

4.    
Plasma specimens and numbering 

A    
Each bag should supply the plasma specimen used in the reinspection. The length
of specimen tube is longer than 15cm, and should be stuck the label which is
consistent with the plasma number. 

B    
Plasma specimen tube opens with the plasma bag. Heating seal two terminal to
make sure plasma in the tube is consistent with plasma in the bag. 

C    
Common plasma and special plasma should be numbered respectively. Workers should
number continuously in one year and can not be reusage, omitted. 

D    
Number of common plasma should be "07000001-07152689". "07" stands for the year
and "152689" is the number of collection plasma in the year round. Number of
special plasma should add "y", "k" or "p" at the beginning. "y" stands for
hepatitis B immunity plasma, "k" stands for the rabies immunity plasma and "p"
is tetanus immunity plasma. Such as "k07000001-k07015566" stands for collecting
155666 per person rabies immunity plasma aggregately in the year round. 

5.    
Settlement of plasma 

A    
Qualified plasma supplied by Party B should be paid the processing expenses at a
rate of RMB430,000 per ton by Party A. 

B    
For the immunity plasma of between 4-8IU and more than 8IU, Party A should add
the production cost at the rate of RMB 20 per bag and RMB 30 per bag
respectively. It should be used for the compensation of the immunity plasma
donor and the related expense during the immunity process. 

C    
Production cost include donor's nutrition fee, travel expenses and other
expenses 

D    
The content of plasma protein 55g/l which reduce 1g/l, the plasma fund should be
deducted at a percentage of 1.8. 




E    
If any quality requirement of supplied plasma is not up to standard during the
course of examination of Party A, Party A must immediately call Party B for a
joing re-examination. If the particular bag of plasma is still failed the
re-examination, no fees will be paid for that bag of sub-standard plasma and it
shall be destroyed right away. 

F    
Plasma fund shall be settlement at each quarter and checked by Party A's blood
source department, finance department and Party B's finance department. 

6.    
Plasma packing and transport 

A    
According to government standard(GB14232), packing shall use one-off and no
damage plastic blood bag. In the transportation, there completed external
packing. 

B    
Each batch shall have record of entrance and exit. According to the record, we
can find the information of each batch. 

C    
Party A shall undertake the transportation task. The temperature in the
transportation shall be controlled at -15 . 



7.     Other items 


A     Collection plasma shall
be stored in single and can not be mixed. 


B     Storing on at -30
as soon as possible after collection, and
ensure to congeal to in 6 hours. 


C     The net weight of each
bag is 580ml (600g). 


D     Party A has a
responsibility for Party B's guidance and technology training and does a quality
check at a half year. 


8.     Matters not mentioned in
this Agreement, if arise, shall be negotiated by both Parties. 


9.     There are five sets.
Each party shall hold one set of the agreement and send one set to health
department of province, city and county. 


10.   This agreement shall effective on
the day when signed and expired on Dec 31, 2008 chopped by both Parties. 



Party A: Shandong Taibang Biological Products Co.,
Ltd 


Party B: Liao Cheng Tiantan Plasma Collection
Station Co., Ltd 


November 1, 2007