Navigation Links
Biostar Pharmaceuticals, Inc. to Launch Xin Aoxing Oleanolic Acid Capsules in Beijing and Shanghai
Date:12/29/2009

XIANYANG, China, Dec. 29 /PRNewswire-Asia-FirstCall/ -- Biostar Pharmaceuticals, Inc. (OTC Bulletin Board: BSPM) ("Biostar" or "the Company"), a Xianyang-based developer, manufacturer and supplier of pharmaceutical products and medical nutrients addressing a variety of diseases and conditions, today announced it has completed preparation to launch its flagship Xin Aoxing Oleanolic Acid ("Xin Aoxing") Capsules for the treatment of Hepatitis B in Beijing and Shanghai in early January 2010.

Management anticipates approximately $9 million in incremental revenues during 2010 from these two new markets with average gross margins of approximately 72%. Biostar launched its marketing and operational initiatives for selling Xin Aoxing Capsules in these markets during December, including staff recruitment, establishing sales offices, engaging distributors and deploying advertisement. The Company launched Xin Aoxing Capsules in the Tianjin market in November 2009, which has already generated $0.5 million in revenues during its first month. Beijing, Shanghai, and Tianjin are three of the largest markets in China with a total population estimated at 50 million, and Biostar will leverage both distributors and direct sales in these three markets.

"We are very pleased with the progress we have made to expand our Xin Aoxing Capsules into Beijing and Shanghai. Our focus on the Tianjin, Beijing and Shanghai markets is part of a strategy to develop high-population territories along with continued expansion of our rural networks," said Mr. Wang Ronghua, Chairman and CEO of Biostar Pharmaceuticals, Inc. "2009 was a key turning point for our Company as we completed several key growth initiatives and built a foundation for 2010. The success of our marketing strategy for our Xin Aoxing Capsules helped us achieve significant growth in first three quarters of 2009. Our focus on expanding product sales to the rural area h
'/>"/>

SOURCE Biostar Pharmaceuticals, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology technology :

1. Biostar Pharmaceuticals, Inc. Announces Second Quarter 2009 Financial Results
2. Biostar Pharmaceuticals, Inc. to Host Fiscal Year 2009 Second Quarter Earnings Conference Call on Friday, August 14, 2009 at 10:30 a.m. EDT
3. Biostar Pharmaceuticals, Inc. Retains HC International, Inc. to Implement Investor Relations Program
4. Biostar Pharmaceuticals, Inc. Reports Continued Revenues and Earnings Growth in First Quarter of 2009
5. Biostar Pharmaceuticals, Inc. Reports Record Revenues and Earnings for 2008
6. Inverness Medical Innovations to Close Cholestech, HemoSense and BioStar Facilities
7. Lotus Pharmaceuticals, Inc. Appoints OTC Division Head
8. Lotus Pharmaceuticals, Inc. Announces 2010 Growth Strategy
9. Angiotech Pharmaceuticals, Inc. Announces Conference Call and Webcast
10. AEterna Zentaris Partner, Keryx Biopharmaceuticals, Receives Orphan-Drug Designation for Perifosine (KRX-0401) for the Treatment of Multiple Myeloma
11. Rib-X Pharmaceuticals, Inc. Appoints Tony Zook of MedImmune to Board of Directors
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/3/2015)... WIEN , July 3, 2015 /PRNewswire/ ... indtil den 22. september 2015 på  http://www.openinnovationinscience.at ... in Science", der finder sted i ... en nylig undersøgelse af internationale forskere og ... er de to største udfordringer for sundhedsvidenskaben ...
(Date:7/2/2015)... ... July 02, 2015 , ... Sleepless nights will become obsolete ... of sleep, launched its Indiegogo campaign on June 23. Sound sleepers and the sleep ... makes it effortless to use, while the integration of the Bluetooth speaker, alarm clock ...
(Date:7/1/2015)... ... , ... The next-generation sequencing (NGS) clinical market is poised for huge growth ... BCC Research reveals in its new report that the market drivers of this vibrant ... need for better diagnostics as part of a molecular diagnostics trend. , The global ...
(Date:7/1/2015)... ... July 01, 2015 , ... A newly launched business plan contest ... the barriers to innovation in life sciences R&D. The Pistoia Alliance President’s Startup Challenge ... of US$15,000 and a period of expert mentorship from a senior industry figure drawn ...
Breaking Biology Technology:Lancering af verdens første åbne innovationsprogram til uddannelse af forskere 2Lancering af verdens første åbne innovationsprogram til uddannelse af forskere 3Luzi Smart Lamp Recently Launched Indiegogo Campaign 2Luzi Smart Lamp Recently Launched Indiegogo Campaign 3NGS-Based Diagnostics, the ‘Must-Have Platform’, Sends Market Segment CAGRs Soaring According to BCC Research 2NGS-Based Diagnostics, the ‘Must-Have Platform’, Sends Market Segment CAGRs Soaring According to BCC Research 3Pistoia Alliance Launches Startup Challenge 2Pistoia Alliance Launches Startup Challenge 3
... KansasBio announced today a,bioscience cluster activation initiative to ... the entire drug,development continuum. Called the National Drug ... Kansas and the Kansas,City metropolitan area that represent ... , KansasBio ...
... LONGMONT, Colo., Nov. 20 MicroPhage, Inc., http://www.microphage.com , ... which brings total capital raised to $11 million. ... new investors. All funds to,date have come from ... MicroPhage will apply proceeds of its financing to complete ...
... Laureate Pharma, Inc., a,full-service biopharmaceutical development and ... named the "Emerging Life Science Company of,the Year" ... and life,sciences trade association in the greater Philadelphia, ... innovation in services, achievement of milestones,and strength of ...
Cached Biology Technology:National Drug Development Accelerator Launched 2MicroPhage Closes Latest Financing 2Laureate Pharma Honored as Emerging Life Sciences Company of the Year 2
(Date:6/18/2015)... OXFORD, Conn. , June 18, 2015 NXT-ID, ... biometric authentication company focused on the growing mobile commerce market ... of a featured segment on "Money on the Mark", scheduled ... York City June 20 th . ... interview will be from 7:00 to 8:00pm EST. NXT-ID, Inc.,s ...
(Date:6/17/2015)... BEACH GARDENS, Fla. , June 17, 2015 ... management solutions, today announced that its U.are.U ® ... Togo,s Eateries, Inc., a ... fast casual sandwich chain, to increase security, improve ... Crossmatch fingerprint readers enable instant, non-repudiable identity confirmation ...
(Date:6/16/2015)... , June 16, 2015 Fingerprint ... previously communicated that it will amount to at least 340 ... Due to the rapid increase in market growth and orders ... previously communicated guidance that revenue for 2015 will exceed 1,500 ... amount to approximately 2,200 MSEK. Due to receipt ...
Breaking Biology News(10 mins):NXT-ID, Inc.'s CEO Gino Pereira Talks About the Wocket Smart Wallet on WABC Radio, New York City, June 20th 2NXT-ID, Inc.'s CEO Gino Pereira Talks About the Wocket Smart Wallet on WABC Radio, New York City, June 20th 3Togo's Eateries Improve Security and Accountability with Crossmatch Fingerprint Readers 2Togo's Eateries Improve Security and Accountability with Crossmatch Fingerprint Readers 3Fingerprint Cards Raises the Revenue Guidance for Q2 2015 and for the Full Year 2015 2Fingerprint Cards Raises the Revenue Guidance for Q2 2015 and for the Full Year 2015 3
... about smoking, diet, exercise and available methods of ... half of all cancers nationwide. This ... host its Ninth Annual International Conference on Frontiers ... Center, located in Philadelphia. Thousands of scientists will ...
... Carolina State University finds that fish located near coal-fired power ... much further away. The surprising finding appears to be linked ... facilities, which unfortunately poses problems of its own. "We ... (km) from a coal-fired power plant had mercury levels more ...
... Sensation seekingthe urge to do exciting thingshas been linked to ... a new study published in Psychological Science, a ... in the dopamine system and found a group of mutations ... Sensation seeking has been linked to a range of ...
Cached Biology News:Study: Fish near coal-fired power plants have lower levels of mercury 2A thirst for excitement is hidden in your genes 2
... computing power of your ValveBank system! ... with a Macintosh computer using graphic 'click-and-drag' ... disk, print out program listings, then download ... one simple step., EasyCode is used for ...
... MSC series of Class II Biological ... and certification to the world's highest ... that the cabinets cannot be adjusted ... lighting, low noise and arm rest ...
... 2010 Class II Biological Safety Cabinets ... of comfort while incorporating the latest ... operator, environment and product protection with ... recirculated air.,Bottom filters are safely exchanged ...
... The Magnetic Stand-96 is designed for paramagnetic ... and 0.2 ml PCR plates with no ... polyacryl base in a standard SBS 96-well ... strong permanent magnets guarantees easy and fast ...
Biology Products: