Shares of Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM) surged more than 16% in Tuesday’s morning trade after the manufacturer and marketer of pharmaceutical and health supplement products in China announced the upcoming launch of its “Easy Breathing” product for the treatment of rhinitis and sinusitis. The product will be manufactured, distributed and sold in the People’s Republic of China, where the company is based. Sales will commence in November 2016. Rhinitis is irritation and inflammation of the mucous membrane inside the nose. Sinusitis is an inflammation or swelling of the tissue lining the sinuses.
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About Biostar Pharmaceuticals, Inc.
Biostar Pharmaceuticals, Inc. develops, manufactures and markets pharmaceutical and health supplement products for a variety of diseases and conditions. For more information visit www.biostarpharmaceuticals.com
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