Animal breeders grow profits from research
By Wang Xiaodong | China Daily | Updated: 2016-01-18 07:57
In 2014, the revenue of Beijing Prima Biotech, one of North China's biggest breeding centers for primates used in laboratory tests, reached 14.8 million yuan ($2.2 million), a rise of nearly 30 percent year-on-year.
In August, the company was listed on the National Equities Exchange and Quotations - a securities' trading venue that's often known as the New Third Board - making it the first Chinese company specializing in the breeding of laboratory animals to list on the board.
The company raises 4,000 monkeys every year, including rhesus monkeys and long-tailed macaques. It also sells about 200 beagles a year.
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