BMP Sunstone's 'Hao Wawa' (Good Baby) Brand Ranked First Among China's Top Three Pediatric Medicine Brands
PLYMOUTH MEETING, Pa., Aug. 30 /PRNewswire-Asia-FirstCall/ -- BMP Sunstone Corporation (Nasdaq: BJGP) ("BMP Sunstone" or the "Company") today announced that its "Hao Wawa" (Good Baby) brand was ranked first among the top three pediatric medicine brands on China's Pharmaceutical Pediatric Medicine Brand list, under "Healthy China - 2010 China Pharmaceutical Brand Evaluation." The results were based on an extensive evaluation of 20 well-known domestic and international medicine brands, nationally, and officially released on August 28, 2010, in Shanghai.
The evaluation was organized by the China Medicine Retail Development and Research Center (MDC), the China Pharmaceutical Enterprises Cooperation and Development Organization (CPEO) and the China Pharmaceutical Brand Evaluation Committee. Safety and efficacy were the two indicators used to evaluate all domestic and international participants in the evaluation.
David Gao, Chief Executive Officer of BMP Sunstone, stated, "We are honored to receive this award. Safety enhancement is becoming increasingly key to the development of the pharmaceutical industry in China; a trend driven by both government initiatives and competition among manufacturers. The award speaks to the quality and strength of our brand, particularly after our subsidiary, Sunstone (Tangshan) Pharmaceutical Co., Ltd, was listed among the 'Top 100 China Pharmaceutical Enterprises' in 2009."
Sunstone has been dedicated to the healthcare of women and children for over 14 years, having run China's first gynecological and pediatric pharmaceutical plant since 1996. It was one of the first companies among peers in China to propose customizing drug dosages for children's use while maintaining high quality. By executing its "Special Drugs for Special Use" theory in children's medications, its flagship product brand, "Good Baby," has grown into one of the most trusted names in pediatric medicine in China. Sunstone currently markets 17 products under the "Hao Wawa" (Good Baby) brand.
About BMP Sunstone Corporation
BMP Sunstone Corporation is a specialty pharmaceutical company that is building a proprietary portfolio of branded pharmaceutical and healthcare products in China. Through Sunstone the Company manufactures leading pediatric and women's health products, including two of China's most recognized brands, "Hao Wawa" and "Confort," sold in pharmacies throughout the country. The Company also markets a portfolio of products under exclusive multi-year licenses into China, primarily focused on women's health and pediatrics, as well as provides pharmaceutical distribution services through subsidiaries in Beijing and Shanghai. BMP Sunstone's main office is in Beijing, with a U.S. office in Plymouth Meeting, PA. For more information, please visit http://www.bmpsunstone.com .
For more information, please contact: Fred M. Powell Chief Financial Officer Tel: +1-610-940-1675 Email: [email protected] ICR, LLC (Investor Relations) Ashley M. Ammon Tel: +1-646-277-1227 Christine Duan Tel: +1-203-682-8200
SOURCE BMP Sunstone Corporation
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