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Biomagnetics Diagnostics Corp.

Biomagnetics BMGP in Genetic Engineering & Biotechnology News for Chinese Biotechnology Initiative

Published in Genetics and Environmental Business Week, October 2nd, 2008

Biomagnetics Diagnostics Corp. (OTC:BMGP), announces that the company has recently been profiled in international stem cell, genetic engineering and biotechnology publications for their Chinese Biotechnology Initiative and a potential Austrian joint venture involving utilization of BMGP's technology and Gene Therapeutic Vector Development.

Clayton Hardman, CEO of BMGP also announced that the company is continuing to review the proposal from an Austrian based genetic engineering company and an independent research foundation. The proposal will grant us access to their patented viral painting technology, scientists, and laboratories to further explore BMGP's proprietary...

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