Las Vegas, NV -- (SBWIRE) -- 02/25/2013 -- Bio Matrix Scientific Group Inc (PINK:BMSN) has plunged almost 1 percent today to $0.0099. The traded volume also stays modestly lower at 34.67 million shares as compared to its average volume of 122.85 million shares per day. The share price has seen the highest of $0.06 in last 52 weeks where it also experiences strong resistance by the traders.
Bio Matrix Scientific Group Inc has also recently filed an Investigational New Drug application with FDA through its fully owned subsidiary Regen BioPharma. The company intends to initiate clinical trials on its HemaXellerate stem cell drug which is developed for the treatment of patients with drug refractory aplastic anemia.
The company is engaged in developed of regenerative medicine therapies and tools for the treatment of lung, heart, circulatory systems and other internal organs. It company also develops medicine platforms for commercialization of stem cell therapies for diabetes and other chronic diseases.
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