Las Vegas, NV -- (SBWIRE) -- 02/21/2013 -- Bio Matrix Scientific Group Inc (PINK:BMSN) has recently applied in FDA to initiate clinical trials on HemaXellarate stem cell drug. The application in FDA is officially filed through the company’s fully owned subsidiary Regen BioPharma. The respective drug is used in treatment of patients with drug refractory aplastic anaemia.
Bio Matrix Scientific Group has also recently published a scientific rational for its HemaXellarate product with the help of globally renowned researchers.
The company’s management is very enthusiastic on its new product as the HemaXellerate is believed to be only therapy which has ability to treat aplastic anemia as well rebuilds the bone marrow tissue at the same time.
The share price is up 9.62 percent in today’s session in the morning at $0.0111. Almost 17.03 shares are traded in first hour of the session as compared to its average daily volume of 121.68 million shares.
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