BNET Industries
Market Cap:$174.9M
Last Fiscal Year Sales:$114.8M
- Public
- US
Dow Jones Description
Beijing Med-Pharm is a Delaware Corporation with Chinese subsidiaries. We are able to offer an end-to-end solution to western pharmaceutical companies interested in selling their products into the Chinese marketplace. Services we offer include: - Pre-market entry analysis - Clinical trial management - Pre-registration and registration of pharmaceuticals for sale in the People's Republic of China - Market research - Pharmaceutical marketing to physicians, hospitals, and other healthcare providers - Pharmaceutical distribution to hospitals In December 2004, Beijing Med-Pharm signed an agreement to purchase Beijing Wanwei Pharmaceutical Corporation, Ltd., a pharmaceutical distributor covering the bulk of Beijing's hospitals. This was a historic event, the first-ever purchase of a Chinese pharmaceutical distribution company by a foreign entity, permitted only after a December 2004 change in Chinese law. By adding this distributor to our already-existing sales and marketing services, Beijing Med-Pharm hopes to offer an unparalleled opportunity to reach China, the world's fastest-growing market. And our veteran pharmaceutical management staff makes it simple for you to do so. Beijing Med-Pharm serves as your entry point for pharmaceutical distribution into China. Contact us bd@beijingmedpharm.com for more information on how we can best serve you. Beijing Med-Pharm CEO David Gao (left) signs an agreement with the Beijing Wan Hui Pharmaceutical Group, represented by Chairman Wang...
President & COO
Zhiqiang HanNumber of Employees 1,273
Contact Information
600 W Germantown Pike Ste 400
Plymouth Meeting, Pennsylvania 19462
(610) 940-1675
Peer Companies
NAICS Code Drugs and Druggists' Sundries Merchant Wholesalers: 424210
Recent Events
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Pfizer says in partnership deal with BMP in China
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Pfizer Inc. PFE Says in Partnership Deal with BMP Sunstone in China
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BMP Sunstone BJGP Reports In-line Results for Q3; Guides Below for FY Revenues
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BMP Sunstone Appoints Daniel Harrington to Board of Directors
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BMP Sunstone Reports Second Quarter 2009 Financial Results
News & Analysis
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beijing med-pharm corp. - All News and Analysis
BMP Sunstone Partners with Pfizer to Distribute Endometriosis Treatment in China
ChinaBio Today submits: BMP Sunstone Corporation (NSDQ: BJGP) and Pfizer China (NYSE: PFE) have formed a strategic partnership to distribute and promote Depo-Provera (Medroxy-progesterone Acetate), a Pfizer product used to treat endometriosis, in China. Endometriosis is a medical condition in women of childbearing age that can cause significant pain....
BMP Sunstone Corporation Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator [Operator Instructions} Your first question comes from the line of Katherine Lu with Oppenheimer Please proceed. Katherine Lu - Oppenheimer Hi. Good morning David, Good afternoon Fred. Congratulations on the good quarter. I noticed you had a very strong 1-Q sales from your Sunstone business and the...
BMP Sunstone Corporation Q1 2009 Earnings Call Transcript
BMP Sunstone Corporation BJGP Q1 2009 Earnings Call May 18, 2009 5:00 EST
BMP Sunstone Reports Large Q1 Revenue Gain
ChinaBio Today submits: BMP Sunstone Corporation (NSDQ: BJGP) reported its revenues more than doubled in Q1, rising from $18.1 million last year to $39.3 million in 2009. The company closed its acquisition of Sunstone Pharma in mid-February last year, a deal that transformed BMP Sunstone from a distribution company...
BMP Sunstone Rides 2008 Acquisitions to Record Revenues
ChinaBio Today submits: BMP Sunstone Corporation (NSDQ: BJGP) announced that its 2008 revenues climbed 350% higher to $114.9 million. BMP attributed the spectacular rise to a $65.7 million boost from its $125 million Sunstone acquisition, which closed in February of 2008. Sunstone transformed BMP from a drug distribution company...
BMP Sunstone Corporation Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions And your first question comes from the line of Ding Ding from SIG. Please proceed. Ding Ding - Susquehanna Financial Group Thank you. Congratulations on a strong quarter and closing the financing yesterday. I noticed you have a very strong quarter for Sunstone this past...
BMP Sunstone Announces 36% Increase in 2009 Guidance
ChinaBio Today submits: BMP Sunstone Company (NSDQ: BJGP) announced its financial guidance for 2009, calling for a 36% increase in revenue to between $150 million and $160 million. Non-GAAP net income is predicted to rise 70% to a range of $10 million to $13 million. For 2008, BMP Sunstone...
BMP Sunstone Subsidiary Wins High Tech Status
ChinaBio Today submits: BMP Sunstone Corporation BJGP reported that its subsidiary, Sunstone Tangshan Pharmaceutical Co., Ltd. of Hebei, was given high tech status. High tech status brings with it a preferential tax rate of 15%, a significant reduction from the 25% rate the company would otherwise pay. Because of...
BMP Sunstone Takes 50% Stake in Pediatric Drug Maker
ChinaBio Today submits: BMP Sunstone Corporation BJGP will pay 20 million RMB ($3 million) to acquire 50% of Zhangjiakou Shengda Pharmaceutical Co., Ltd. from Beijing Penn Pharmaceutical Sci-Tech Development Co., Ltd. Eventually, BMP Sunstone intends to acquire a majority stake in Shengda. Shengda has changed its name to Sunstone...
BMP Sunstone's Fortunes Rise on Extended Business Reach
ChinaBio Today submits: BMP Sunstone Corporation BJGP increased its non-GAAP net income guidance for full year 2008 slightly, raising the range by $1 million to between $5 million and $6 million. At the same time, the company reiterated its forecast that revenues will total between $110 million and $120...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Zhiqiang Han | President & COO |
| Fred M Powell | Chief Financial Officer |
| Byron Wang | Vice President, Sales & Marketing |
| Yanping Zhao | Vice President |
| Yong Guo | General Manager, Beijing Wanwei Pharmaceutical |
| Amy Zhou | Director, Human Resources, China |
| Bin Duan | Marketing Manager |
| Frank Xu | National Sales Manager |
| Richard Liu | Manager, Business Development |
| Han Zhiqiang | |
| Albert Yeung | Director |
| Frank J. Hollendoner | Director |
| George Bickerstaff | Director |
| John W. Stakes | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Zhijun Tong | Director, Chairman of Qifa |
| Martyn D. Greenacre | Chairman of the Board |
| David Gao | Board of Directors |
| Jack M. Ferraro | Board of Directors |
| Les R. Baledge | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| BMP Sunstone Corporation | President & COO | Current |
| Sunstone, Inc. | Founder | Current |
| BMP Sunstone Corporation | Board of Directors | Current |
Mr. Powell has served as BMP Sunstone’s Chief Financial Officer since January 2005. And prior to this, he had been with Eximias Pharmaceutical Corporation as the CFO since May 2002. He was Senior Vice President, Finance and Administration, at InnaPhase where he was mainly responsible for all financial, internal control, HR, administrative, and legal affairs. At Premier Research Worldwide (PRWW), Mr. Powell served as CFO and helped PRWW become one of the nation’s leading clinical research organizations by leading the Company’s initial public offering and managing several acquisitions, including DLB, a clinical trial and data management software company. From 1983 to 1989, Mr. Powell spent seven years at KPMG Peat Marwick as a Senior Manager responsible for directing the planning, coordination and deliver of audit management and technology services to clients in the pharmaceutical and services industries. Mr. Powell graduated from Penn State University in 1983, with a Bachelor of Sciences in Accounting and is a Certified Public Accountant.
| Organization | Position | Status |
|---|---|---|
| BMP Sunstone Corporation | Chief Financial Officer | Current |
| Eximias Pharmaceutical Corporation | Chief Financial Officer | Former |
| InnaPhase Corporation | Senior Vice President, Finance and Administration | Former |
| The Pennsylvania State University | Bachelor of Science In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| BMP Sunstone Corporation | Vice President, Sales & Marketing | Current |
Ms. Zhao has served as BMP Sunstone’s Corporate Vice President since October 2007. From 1992 until 2007, Ms. Zhao held various senior positions with Sino Biopharmaceutical Ltd, where she held senior posts of Vice President and Executive Director in the Corporation, Executive Director in Shandong Chia Tai Freda Pharmaceutical Ltd, as well as Managing Director of its subsidiaries. Ms. Zhao also served as Department Head at Inner Mongolia Medicine and Health Products Import Export Corporation, and Deputy Plan Manager at Inner Mongolia Yuanbaoshan Pharmaceutical Ltd during 1983 to 1992. Ms. Zhao has a Pharmaceutical degree from Shenyang Pharmaceutical University and a MBA from Dalian University of Technology.
| Organization | Position | Status |
|---|---|---|
| BMP Sunstone Corporation | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| BMP Sunstone Corporation | General Manager, Beijing Wanwei Pharmaceutical | Current |
| Organization | Position | Status |
|---|---|---|
| BMP Sunstone Corporation | Director, Human Resources, China | Current |
| Organization | Position | Status |
|---|---|---|
| BMP Sunstone Corporation | Director, Chairman of Qifa | Current |
| BMP Sunstone Corporation | Board of Directors | Former |
| Sunstone, Inc. | Vice Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| BMP Sunstone Corporation | Marketing Manager | Current |
| Organization | Position | Status |
|---|---|---|
| BMP Sunstone Corporation | National Sales Manager | Current |
| Organization | Position | Status |
|---|---|---|
| BMP Sunstone Corporation | Manager, Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| BMP Sunstone Corporation | Current | |
| Sunstone, Inc. | Founder | Former |
Since July 2004, Mr. Greenacre has served as Chairman of Beijing Med-Pharm Corporation, a pharmaceutical company. Mr. Greenacre also has served since 2002 as Chairman of Life Mist Technologies, Inc., a fire suppression equipment company. From 1997 to 2001, Mr. Greenacre served as Chief Executive Officer and director of Delsys Pharmaceutical Corporation, a formulation and drug delivery system company. From 1993 to 1997, Mr.
| Organization | Position | Status |
|---|---|---|
| Life Mist Technologies, Inc. | Chairman | Current |
| Curis, Inc. | Chair | Current |
| BMP Sunstone Corporation | Chairman of the Board | Current |
| Lifemist | Chairman | Current |
| Pathway 2 Curis | Board of Directors | Current |
| Personalized Medicine Coalition | Board of Directors | Current |
| Cephalon, Inc. | Board of Directors | Current |
| Acusphere, Inc. | Director | Current |
| BMP Sunstone Corporation | Committee Member | Current |
| GlaxoSmithKline Plc | Chairman | Former |
| Creative BioMolecules, Inc. | Director | Former |
| BMP Sunstone Corporation | Board of Directors | Former |
| Curis, Inc. | Director | Former |
| Orchestra Therapeutics, Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| BMP Sunstone Corporation | Director | Current |
| Organization | Position | Status |
|---|---|---|
| BMP Sunstone Corporation | Board of Directors | Current |
| Abacus Corporation | Chief Executive Officer | Former |
| BMP Sunstone Corporation | Chairman, President & CEO | Former |
| Abacus Corporation | President | Former |
| Abacus Corporation | Director | Former |
| Massachusetts, Inc. | M.B.A. | Former |
| Beijing Institute of Technology | Bsc In Mechanical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Doughty Hanson & Co. Ltd. | Board of Directors | Current |
| BMP Sunstone Corporation | Director | Current |
| Doughty Hanson & Co. Ltd. | Chairman of the Board of Directors | Former |
| Independent Care Group Limited | Executive Chairman of the Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| USA India Chamber of Commerce | Managing Director, Crt Investment Banking | Current |
| CRT Capital Group LLC | Managing Director | Current |
| Sheffield Mechant Banking Group | Current | |
| Vion Pharmaceuticals, Inc. | Board of Directors | Current |
| Oracle Healthcare Acquisition Corp. | Director | Current |
| BMP Sunstone Corporation | Director | Current |
| Gavi Alliance | Board of Directors | Current |
| IMS Health, Inc. | Cfo | Former |
| Rutgers University | B.S. Degree In Engineering | Former |
| Rutgers University | engineering and business degree | Former |
| Organization | Position | Status |
|---|---|---|
| National Ability Center | Board of Directors | Current |
| The Advisory Council | Board of Directors | Current |
| BMP Sunstone Corporation | Board of Directors | Current |
| Hackley School | Board of Directors | Current |
| Neuberger Berman, Inc. | Partner | Former |
| Neuberger Berman, Inc. | Manager | Former |
John W. Stakes III, M.D., has served as one of our directors since February 2004. Dr. Stakes has served as an Associate Neurologist at Massachusetts General Hospital since 1990, as Director, Massachusetts General Hospital Sleep Disorders Laboratory, since 1982, and as Director, Specialty Care Development, Massachusetts General Physicians Organization, since 1995. He was a member of the Committee on Continuing Medical Education of the Harvard Medical School. Dr. Stakes has held a teaching position at the Harvard Medical School since 1975.
| Organization | Position | Status |
|---|---|---|
| Massachusetts General Hospital | Associate Neurologist | Current |
| BMP Sunstone Corporation | Director | Current |
| Organization | Position | Status |
|---|---|---|
| BMP Sunstone Corporation | Board of Directors | Current |
| Tyson Foods, Inc. | General Counsel | Former |
Executive News
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BMP Sunstone Announces September Investor Conference Participation
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BMP Sunstone Reports Second Quarter 2009 Financial Results
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BMP Sunstone Reports Second Quarter 2009 Financial Results
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