Biostar Pharmaceuticals, Inc. Receives Government Approvals for Three Ne... ( XIANYANG China July 16 Asia-First...)

Biostar Pharmaceuticals, Inc. Receives Government Approvals for Three New Products

Date:7/16/2009

XIANYANG, China, July 16 /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 received approval from local government to produce Yizi Capsules, Tangning Capsules, and Shengjing Capsules. The Company is ready to launch these products through its domestic market channels and expects initial revenues to be generated by late July, 2009.

Yizi Capsules is a traditional Chinese herbal supplement that effectively helps infertility in women and widely believed to aid in healthy fetal development during pregnancy. This will be one of the few nutritional supplement products for infertility in the market.

Tangning Capsules is also a traditional Chinese herbal supplement used to treat Type II Diabetes. It has proven to be effective in lowering glucose levels, nourishing kidneys, and alleviating Type II diabetes-related complications such as excessive thirst, fatigue and frequent urination. Complemented with a proper diet, patients taking Tangning Capsules typically see improvements in their condition in a short period of time. The price of Tangning Capsules is the lowest among other comparable products on the market while still maintaining a 54.4% gross margin for the Company. According to the new Emerging Markets report entitled Type II Diabetes in China, the number of prevalent cases of Type II Diabetes in China is among the highest in the world with 62.5 million reported cases in 2007. By comparison, the United States, Europe and Japan had a combined total of 48.5 million reported cases for the same year.

The third traditional Chinese herbal supplement approved is Shengjing Capsules, which is used typically by males to help improve libido and assist with impotence,
'/>"/>

0

GOOD

Post Your Comments:

Biostar Pharmaceuticals, Inc. Receives Government Approvals for Three Ne...( XIANYANG China July 16 Asia-First...),Health