Beijing Med-Pharm Announces Listing on the Over the Counter Bulletin Board.PLYMOUTH MEETING, Pa. -- Beijing Med-Pharm Corporation (BJGP BJGP British Journal of General Practice .PK) today announced that its shares of common stock have been accepted for quotation on the over the counter bulletin board (the "OTCBB OTCBB See OTC Bulletin Board (OTCBB). ") under the trading symbol Trading symbol See: Ticker symbol "BJGP.OB." Trading will begin immediately. "Gaining access to more prominent and efficient equity markets is an important component of our growth strategy," said Fred M. Powell, Chief Financial Officer of Beijing Med-Pharm. The OTCBB is a regulated quotation service of the National Association of Securities Dealers National Association of Securities Dealers (NASD) Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market. that displays real-time quotes, last-sale prices, and volume information in over-the-counter ("OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). ") equity securities. An OTC equity security generally is any equity that is not listed or traded on NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on or a national securities exchange. OTCBB securities, of which there are more than 3,300, include national, regional, and foreign equity issues, warrants, units, American Depositary Receipts, and Direct Participation Programs. Companies listed on the OTCBB are required to file current financial statements with the Securities and Exchange Commission or a banking or insurance regulator. About Beijing Med-Pharm Corporation Beijing Med-Pharm is a pharmaceutical marketing and distribution company that offers the following services in China: pre-market entry analysis; clinical trial management; product registration; market research; pharmaceutical distribution to hospitals; and pharmaceutical marketing to physicians, hospitals and other healthcare providers. |
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