New York, NY, April 23, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, specializing in sector research issues an investor trading alert for Biostar Pharmaceuticals, Inc. (NasdaqGM: BSPM), trading at $1.9596, up 0.3096(18.76%) as of 2:44PM EDT on over 390,000 shares . The stock has a high of $2.10 on the day .
The Company announced that
its Shaanxi Weinan subsidiary, acquired in October 2011, won a bid and
has been selected as the exclusive supplier of Huangyangning Tablets, a
prescription drug used for the treatment of cardiovascular disease, to
all hospitals based in the provinces of Liaoning, Hebei and Shandong for
up to three years. Biostar will supply Huangyangning Tablets to these
hospitals based on patient needs in each hospital.
The Company had just announced on April 20th that it had
regained compliance with the minimum bid price requirement of $1.00 per
share for continued listing of its common stock on The NASDAQ Global
Market.
About Biostar Pharmaceuticals, Inc.
Biostar Pharmaceuticals, Inc., through its wholly owned subsidiary and controlled affiliate in China,
develops, manufactures and markets pharmaceutical and health supplement
products for a variety of diseases and conditions. The Company's most
popular product is its Xin Aoxing Oleanolic Acid Capsule, an
over-the-counter ("OTC") medicine for chronic hepatitis B, a disease
affecting approximately 10% of the Chinese population. For more
information please visit: http://www.
Research China stocks; global China stocks directory at Investorideas.com
Get Free investor news and stock alerts at Investorideas.com
Join Investor Ideas Get 13 of the best stock directories online;
Research oil and gas stocks, gold stocks, water stocks, renewable energy stocks Join: http://www.
About InvestorIdeas.com:
InvestorIdeas.com
is a leader in investor stock research by sector. Sectors we cover
include; water and renewable energy stocks, biotech stocks, mining and
gold stocks, energy stocks, natural gas stocks, tech (includes cloud and
social networking), defense stocks, nanotech, China stocks and agriculture.
Disclaimer:
Our sites do not make recommendations. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or
securities. We attempt to research thoroughly, but we offer no
guarantees as to the accuracy of information presented. All Information
relating to featured companies is sourced from public documents and/ or
the company and is not the opinion of our web sites. This site is
currently compensated by featured companies, news submissions and online
advertising.
From time to time Investorideas.com buys shares in companies it features. As a policy, Investorideas.com does not short stocks
No comments:
Post a Comment