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Shares of Bio-Matrix Scientific Group Inc. (BMSN) Surge Higher in Yesterday’s Trading

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Shares of Bio-Matrix Scientific Group Inc. (PINK: BMSN), a biotechnology company engaged in the development of regenerative medicine therapies and tools, surged in Wednesday’s trading session.

The penny stock of BMSN ended the day 111.54% higher at $0.0055, with volume up from daily average of 4.22 million to 75.26 million.

BMSN shares surged on Wednesday after the company announced that its wholly-owned subsidiary, Regen BioPharma, appointed three internationally renowned regenerative medicine experts to its Scientific Advisory Board (SAB).

Regen appointed David White, MD, Ph.D.; Wei-Ping Min, MD, Ph. D.,; and Vlad Bogin, MD; to its SAB.

Regen BioPharma also entered into a letter of intent with Cintaris LLC. The new SAB members and Cintaris will help Regen in the acquisition of intellectual property related to stem cells, translation of the intellectual property into treatments and optimizing the value of the new therapies.

Posted by on Thursday, June 7th, 2012. Filed under Internet, Stocks. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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