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mystiq

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mystiq

Re: bUrRpPPP! post# 1955

Friday, 02/19/2010 4:49:15 PM

Friday, February 19, 2010 4:49:15 PM

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Burp,

What are your thoughts on snbp? Their drugs --muscle relaxant alone made i cent net earning last Q and it is now in govt approved basic health plan so patients wont have to pay from their pocket from dec 09. This will increase its use many fold IMO. Its potential in China is 120mil US$. Their new drug for hypertension is now produced and marketed --huge market and profit potential from Feb onwards.They have 23 such drugs to develop which are under new health coverage plan in China. Risk is cheap dilution potential as with other chinese cos.
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