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Biological Engineering Center of Industrial Company Group of Yanshan University




    Project No.1
    I.Name of project
    Biological Engineering Center of Industrial Company Group of Yanshan University
    2.Content of project
    Biological pharmacy and the related industries are regarded as the frontier subject of this century and will have revolutionary influence on the traditional way of the making of drugs and medicines. Owing to the successful proceeding of the global human genenome plan and the never ending changes and improvement of molecular biology technologies, biological pharmacy will become the newest, quickest and most economic method used in the future pharmaceutical industry.
    Rt-PA ,the product of this project, is produced from the mutation of t-PA by the use of genetic engineering technologies.
    This technological product overcomes the drawbacks of some existent thrombolytic medicine, which are present in may aspects such as production of antibody after the medicine is taken ,short half life, easy formation of general lytic state and great side ¨Ceffect, etc. Moreover ,its throm bolytic effect is much better than that of traditional thrombolytic medicines that it can remove thrombus in the blocked blood vessel as soon as possible and reduce the death rate greatly.
    3.Investment Estimation
    The total investment of this project is USD15 million, of which USD 3.5 million is devoted to capital construction, USD 7.3 million to the purchase of equipment ,USD 3.7 million to circulating funds and 0.5 million to other .Of the investment ,foreign capital amounts to USD 10 million
    4.Market Analysis
    Thrombolytic medicines which are allowed to be used in clinic practice at present are scarce and mostly imported at a fairly high price.The main thrombolytic medicines include rt-Pa ,streptokinase and urokinase,etc., but only urokinase can be made in China ¨Cin small amount. And its quality and quantity both fail to meet the clini demand. At present the price of the imported rt-PA is RMB 8000 a dosage. In view of the fact that there are 1.1 million of people in our country each year who suffer from the acute myocardinal infraction , even if only 10 percent of these patients take the thrombolytic medicine developed by us ,there will be a demand of 0.11 million of dosages, which will bring us in RMB 0.33 billion worth of sales income.
    Thus it can be clearly seen that research and development of mass RT-PA of high quality and at proper price can not only relieve individual and national burden and save lots of foreign exchange, but also bring about great economic benefits.
    5.Conditions for construction
    The new production base is located in Zone in Qinhuangdao Economic and Technological Development Zone. The zone is well- equipped with fundamental facilities and neither the three wastes(waste gas, waste water and industrial residue)nor any other pollution source is found around its peripheral zones. What's more, the transportation by road, rail and sea is very convenient. Three main railway lines cross here, and two national highways and one motorway pass through the two sits of it. Since it is only 1.5 kilometer away from Qinhuangdao harbor, containers can be put on board and trasnported directly to HongKong, Japan and South Korea or transshipped to the North America and Western Europe via HongKong.
    The main raw material for this project is available in the domestic market.
    6.Economic Benefit Analysis
    The construction period of this project is one year. It will bring in USD 20 million worth of annual sales income and USD 6.3 million worth of annual profits .And the profit margin of the investment will be 42 percent and the internal earning ratio be 29 percent. All the investment will return in three years.
    7.Present Conditions of the Local Conpany
    Industry Company Group of Yanshan University is the first industrial company group in Hebei province which is founded by colleges and universities. After ten years of hard pioneer work and unceasing development, the company, supported by high-tech, has expanded into an industrial company group which has a total staff of 300 and 11 subordinate companies. The total assets of the company is approximately RMB 300 million ,and its main products cover a wide range, including automobile accessories electromachanical, equipment, computer software products and drill bits etc.. Now the company is striding forward towards fiber- optical and fine electronnic industies. In 1998 the company made an output value of RMB 80 million and a profit of more than RMB 10 million. Since 1996 the econmic indicators of the company have been ranking first among industrial companies run by colleges and universities which are affiliated to the Ministry of Machinery and Hebei Province. The high-tech Garden of Yanshan University,which has been formally listed as the key project in Hebei province and the 1999 NO.1 project in Qinhuangdao city ,was founded by Industrial Company Group of Yanshan University at the end of 1998.It is estimated that the total investment will be RMB 250 million ,and the annual output value be RMB 250 million, and the sales profit be RMB 100 million.
    8.Contact:
    Person to contact:Zhangli
    Unit: Industrial company Group of Yanshan University
    Add:NO.438,western Hebei street,Qinhuangdao ,Hebei, China
    Tel:0086-335-8057093
    Fax:0086-335-8051847
    E-mail:Gaoming@ysu.edu.cn
    Post code:066004