* Says Deyin Chen resigns for personal reasons
* Appoints Zack Zibing Pan as CFO
(Follows alerts)
April 12 (Reuters) - Biostar Pharmaceuticals Inc said its finance chief Deyin Chen resigned citing personal reasons and will be replaced by Zack Zibing Pan.
Pan served as an independent member of the company's board before the appointment, which is effective April 7.
Shares of the Xianyang, China-based company were down 8 percent at $1.80 in after-market trade. They closed at $1.96 on Tuesday on Nasdaq.
(Reporting by Kavyanjali Kaushik in Bangalore;Editing by Maju Samuel) Keywords: BIOSTAR/ (kavyanjali.kaushik@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: kavyanjali.kaushik.thomsonsonreuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Appoints Zack Zibing Pan as CFO
(Follows alerts)
April 12 (Reuters) - Biostar Pharmaceuticals Inc said its finance chief Deyin Chen resigned citing personal reasons and will be replaced by Zack Zibing Pan.
Pan served as an independent member of the company's board before the appointment, which is effective April 7.
Shares of the Xianyang, China-based company were down 8 percent at $1.80 in after-market trade. They closed at $1.96 on Tuesday on Nasdaq.
(Reporting by Kavyanjali Kaushik in Bangalore;Editing by Maju Samuel) Keywords: BIOSTAR/ (kavyanjali.kaushik@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: kavyanjali.kaushik.thomsonsonreuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.