Biostar Pharmaceuticals Inc. (BSPM)

Overview

Biostar Pharmaceuticals, Inc. is a notable entity in the pharmaceutical industry, focusing on the development, manufacture, and marketing of both over-the-counter (OTC) and prescription pharmaceutical products. The company directs its efforts towards addressing various diseases and conditions predominantly in the People's Republic of China. Since its inception in 2007 and being headquartered in Xianyang, Biostar Pharmaceuticals has carved a niche in the Chinese healthcare market. It is especially recognized for its OTC medicine—Xin Ao Xing Oleanolic Acid capsule, widely used for chronic hepatitis B. Moreover, its strategic utilization of an online platform, serving as an Internet-based China Hepatitis Internet hospital, underscores its commitment to innovating the delivery of healthcare information and services. Through a comprehensive distribution network and a diligent sales force, the company ensures its presence across approximately 28 provinces in China.

Products and Services

Biostar Pharmaceuticals' product line is diversified across OTC items and prescription-based medications, catering to a wide spectrum of healthcare needs.

• Xin Ao Xing Oleanolic Acid capsule: Serves as an OTC remedy for chronic hepatitis B, showcasing the company’s headliner product.
• Ganwang compound paracetamol and amantadine hydrochloride capsule: Offers relief from common cold symptoms, including runny nose, sore throat, headache, and fever.
• Tianqi Dysmenorrhea capsule: A traditional Chinese medicine utilized for alleviating pain and other symptoms associated with menstruation.
• Deafness Tongqiao pills: Targeted for issues such as hepatobiliary Huosheng, head swelling, deafness and tinnitus, alongside providing relief for ear pus, dry stool, and urine-yellow conditions.
• Wenweishu capsules: Focused on the treatment of chronic gastritis and the mitigation of epigastric cold pain.
• Zhitongtougu ointment: Applied for the treatment of joint pain, swelling, tenderness, or dysfunction.
• Chuzhang Zehaifu tablets: Developed for cataract conditions.
• Danshen granules; Taohuasan pediatric medicines; Jingang tablets; Danxiang Rhinitis tablets; Yanlixiao capsules; Piracetam tablets; Huangyangning tablets; Hyperthyroidism capsules; Fosfomycin Calcium capsules; Qianlietong capsules; Yituo Erythromycin particles; Danshen tablets; Muxiang Shunqi pills; Sifangwei capsules; Aspirin Enteric-coated tablets: These constitute the prescription pharmaceutical products segment, each addressing specific health concerns, from pediatric care to the management of conditions like hyperthyroidism and rhinitis.
• Online Platform for Hepatitis B: Beyond tangible products, Biostar operates an online platform that functions as an Internet-based China Hepatitis Internet hospital. This innovative approach offers HBV patients access to indispensable information regarding HBV, treatment options, and facilitates the procurement of HBV medicines.