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Aims to become a giant in the global blood products industry

RAAS China Co., Ltd.
Published:2015-06-02

RAAS China:


      In respond to “major powers Should Produce Blood Products by Their Own to meet their demand” called for by WHO and under the under the support by Shanghai Municipal Government, Shanghai Municipal Health Bureau and China’s Ministry of Health, the Vietnamese American Mr. Kieu Hoang came to China in October 1988 and established the first Sino-foreign blood product manufacture joint venture Shanghai RAAS Blood Products Co., Ltd. together with Shanghai Blood Center. Chinese and foreign shareholders own the same equity of 50%. Mr. Kieu Hoang incorporated RAAS China on August 12, 2006 and owns the full equity. RAAS China became the foreign shareholder of Shanghai RAAS in 2007. (http://www.raascorp.com). 


      Mr. Kieu Hoang, actual controller of RAAS China, has 40 years of experience in the blood product industry. His key business in the United States at early stage was the collection and supply of special immune plasma, including Hepatitis B special immune plasma, CMV and VZV plasma, etc.  He also set up a lab to provide testing services for American blood product manufacturers. Over tens of years, Mr. Kieu Hoang acquired plasma collection stations in the western United States and later transferred them to other industry players.  


     Mr. Kieu Hoang was born in Vietnam. In 1975 he immigrated to USA, and worked at Abbott Reference Laboratories in California. Within five years, he became director of the plasma testing and manufacturing division that managed the first FDA-approved plasma testing laboratory while pursuing his degree in business administration. In 1980, he founded Rare Antibody Antigen Supply Inc. (RAAS) and began to acquire a number of plasma centers that produced rare antibodies, antigens in the USA. Up to 1994, all of his centers produced specialty plasma, namely Anti-D, Hepatitis B, Varicella Zoster virus, and Cytomegalovirus (CMV). In 1988, he began cooperation with the Shanghai Blood Center and established Shanghai RAAS Blood Products Co., Ltd. In 1999, he received the Honorable Citizen Award from the Shanghai Municipal Government, and he received the “Businessmen of the Year” Award in 2003 and 2005.


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