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BMP Sunstone Announces Exchange Offer of $10.7 Million of Outstanding Secured Notes
Date:1/21/2009

r 35% growth of revenue calculated at the low end of our guidance ranges for 2008 and 2009. In addition, based on our non-GAAP guidance at the low end of the ranges, we expect over 65% growth of profitability for 2009 as compared to 2008. Just two years ago, we successfully transformed BMP Sunstone from a low margin distribution business into a high margin OTC and prescription specialty pharmaceutical company, and our guidance for 2009 reflects a more mature, diversified company with significant ability to drive shareholder value.''

Gao continued, ''Our 2009 financial guidance reflects sales and marketing expansion in China resulting from continued performance at all of our business units, especially at Sunstone, and reflects operational synergies resulting from acquisitions the Company completed in 2008. In 2009, we expect all of our business units to be profitable and to outperform the market growth. Additionally, our in-license business at Beijing Medpharm will start contributing to the Company's bottom line in 2009, which will mark a significant milestone in the Company's business development.''

Non-GAAP net income excludes stock based compensation, amortization related to acquisitions and other non-cash expenses. GAAP net loss is expected to be in the range of $3.6 million to $4.6 million for the year 2008 and net income in the range of $3.0 million to $6.0 million for the year 2009. The reconciling items between GAAP net income and non-GAAP net income are itemized in Table 1 within this press release.

About BMP Sunstone Corporation

BMP Sunstone Corporation is a specialty pharmaceutical company that is building a proprietary portfolio of branded pharmaceutical and healthcare products in China. Currently this portfolio includes eight products under exclusive multi-year licenses for China, primarily focused on women's health and pediatrics. The Company also owns Sunstone Pharmaceu
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SOURCE BMP Sunstone Corporation
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