Biotechnology In response to a lawsuit filed against China Biologic Products in the Cayman Islands by David (Xiaoying) Gao, the former chairman and chief executive of the company who was terminated for cause, China Biologic stated: "We deeply regret that Mr. David Gao, acting individually in his personal capacity, has attempted to challenge the completion of the private placement that was announced on August 24. 28 August 2018