Bohai Pharmaceuticals Announces Initiation of Independent Research Coverage by Zack's Investment Research

Mar 16, 2011, 10:04 ET from Bohai Pharmaceuticals Group, Inc.

YANTAI, China, March 16, 2011 /PRNewswire/ -- Bohai Pharmaceuticals Group, Inc. (OTC Bulletin Board: BOPH; OTCQB: BOPH), a China-based pharmaceutical company engaged in the production, manufacturing and distribution of Traditional Chinese Medicine (TCM) in China, announces that Zack's Investment Research, which provides independent investment research to individual and institutional investors, has just released a comprehensive report that describes Bohai's business, along with its recommendations.

The 16 page Zack's report includes detailed information about Bohai's TCM products, the healthcare market in China in which the company operates and Bohai's growth strategies as well as other company-related information.

For a free copy of the full research report, please email Zack's Equity Research scr@zacks.com with BOPH as the subject.

About Bohai Pharmaceuticals Group, Inc.

Based in the city of Yantai, Shandong Province, China, Bohai Pharmaceuticals Group, Inc. (OTCBB/OTCQB: BOPH) is engaged in the production, manufacturing and distribution of herbal pharmaceuticals based on Traditional Chinese Medicine in China.  Bohai's medicines address common health problems such as rheumatoid arthritis, viral infections, gynecological diseases, cardio vascular issues and respiratory diseases.  Bohai's products are sold either by prescription through hospitals or over-the-counter through local pharmacies and retail drug store chains. Bohai has approximately 600 employees, including approximately 300 sales representatives, operating from 20 offices throughout China.  Bohai's three lead products, Tongbi Capsules, Tongbi Tablets and Lung Nourishing Cream, are eligible for reimbursement under China's National Medical Insurance Program.  

For additional information, please visit Bohai's corporate website: www.bohaipharma.com.

Company Notice on Zack's Research

Any opinions, judgments, estimates, or forecasts regarding Bohai's historical or predicted performance or operations made by Zacks are its alone and do not represent opinions, judgments, estimates, or forecasts of Bohai or its management.  Bohai does not by its reference to the research prepared by Zacks imply its endorsement or adoption of or concurrence with such information, conclusions, or recommendations.

Additional Information Relating to Bohai's Trading Data

Due to certain recent disruptions in the marketplace relating to quotations on the OTC Bulletin Board operated by FINRA (OTCBB), incomplete trading data may exist for certain companies like Bohai.  Real-time trading data for Bohai on the OTCQB market is available through the below link.  Readers are advised that OTCQB market is operated by the owner of otcmarkets.com, and Bohai Pharmaceuticals Group, Inc. makes no representation or warranty regarding the OTCQB market.

For real-time trading data for Bohai on the OTCQB market, including Level 2 quotes, please visit: www.otcmarkets.com/stock/boph/quote.

Cautionary Note Regarding Forward Looking Statements

This press release, the research report referred to herein, and the statements of representatives of Bohai Pharmaceuticals Group, Inc. (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.  All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information.  These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions.  All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect.  Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release.  The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with the Securities and Exchange Commission (http://www.sec.gov).  All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors.  The Company undertakes no duty to update these forward-looking statements except as required by law.

Company Contact: Bohai Pharmaceuticals Group, Inc., Gene Hsiao, Chief Financial Officer, 856-499-4475

Investor Relations Contacts: The Trout Group, Danielle Spangler, 646-378-2924, dspangler@troutgroup.com

SOURCE Bohai Pharmaceuticals Group, Inc.



RELATED LINKS

http://www.bohaipharma.com