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Biostar Pharmaceuticals, Inc. Completes 8.6-Acre Land Purchase to House New Raw Materials Processing Plant
Date:3/10/2009

ontacted and expressed considerable interest in the purchase of the processed plants products.

Ronghua Wang, Chairman and Chief Executive Officer of the Company, stated, "We are very excited to begin construction of this plant, and we expect it will provide Biostar with a number of benefits. In addition to a reduction in our cost of materials and increased control of the quality of the plant materials, we will be able to sell all excess products to the wholesale market, providing the Company an additional and ongoing revenue stream. The operation is also providing many needed jobs within the local community, in an environmentally sound way."

Mr. Wang went on to say, "2008 was a year of real transition for Biostar Pharmaceuticals. In addition to continued growth in our core pharmaceutical business and the launch of our China Hepatitis Internet Hospital, ( http://www.zggbyy.com ), after becoming publicly-traded in the United States, management took the time to put together an aggressive, but manageable plan for growth for 2009 and future years. The purchase of the land, building of the new processing facilities, and leasing of farmland, are the first steps in executing that plan, and we expect it to positively impact our revenue and earnings within the year."

ABOUT BIOSTAR PHARMACEUTICALS, INC.

Biostar Pharmaceuticals, Inc., through its wholly-owned subsidiary develops, manufactures and markets pharmaceutical and medical nutrient products for a variety of diseases and conditions. The Company's most popular product is its Xin Ao Xing Oleanolic Acid Capsule, an over-the-counter ("OTC") medicine for Chronic hepatitis B, a disease affecting approximately 10% of the Chinese population. In addition to its hepatitis product, Biostar manufactures two broad-based OTC products, two prescription-based pharmaceuticals and ten nutrients. The Co
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SOURCE Biostar Pharmaceuticals, Inc.
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