Biostar Pharmaceuticals, Inc. - BSPM
There are two ways to treat patients infected with HepB in China. Interferon, a common treatment in the US, is very expensive. Without nationwide health care, Interferon is far too expensive for the average Chinese citizen. Enter Biostar Pharmaceuticals Inc (OTC BB: BSPM)- Biostar is the only Chinese company with an SFDA (Chinese version of our FDA) approval to market an over-the-counter treatment for HepB. It runs just over $1 per day, and has been proven highly effective in clinical trials. BSPM's Xin Aoxing Oleanolic Acid Capsule is the only product on the market that treats chronic hepatitis B disease at a price most Chinese can afford. |
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Latest Newsletter Editions Sun, Sep 19, 2010 @ 07:09 am
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Tue, Aug 17, 2010 @ 11:08 am
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Fri, May 28, 2010 @ 09:05 am
Well, May has turned out to be an atrocious month for the bulls in the markets. All the major indexes were down about 8%- the worst May since 1962. The 2010 gains have been given back, and then some. The headline risk remains massive everyday between the European "Austerity" programs and the free fall...
Sun, May 16, 2010 @ 06:05 pm
Biostar Pharmaceuticals Inc. (NASDAQ: BSPM) Delivers Eye Popping Top Line in Q1 Profit Margins Don't Follow Suit Biostar Pharmaceuticals (NASDAQ: BSPM), one of the hottest China stocks of '09, delivered Q1 numbers Friday post close. Review below. First, the week in review. It was another ugly week in...
Wed, May 12, 2010 @ 08:05 pm
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Business Summary
Biostar Pharmaceuticals, Inc., through its wholly owned subsidiary in China, 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 Aoxing 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 thirteen nutrients. The Company has adopted international standards and is in the process of applying for two patents.
Disclosure
Myself and my associates started accumulating this a week ago. As a group, we own about 17,000 shares, purchased in the open market, from $3.50 to nearly $4. We'll buy and sell them anytime we want, and you might view this as a conflict of interest.
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