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.
- Published: 22 April 2012
- Written by Investor Ideas