Reviews

2014 Review of Online Brokers
Investors Business Daily
Top 20 Baby Boomer Sites
«  
  »
Bookmark and Share

Big Mover; Bio-Matrix Scientific Group Inc. (BMSN)

By Warren Paige

Bio-Matrix Scientific Group Inc. (PINK: BMSN) shares saw a huge rally on Monday. The stock rose 85% to finish the day at $0.0370 on above average volume. The stock is up 270% in the last three trading sessions.

So what sparked the huge rally on Monday?

Bio-Matrix shares surged on Monday after the biotechnology company announced that it formed a new subsidiary, Regen BioPharma Inc.

BMSN’s new subsidiary has developed a vertically-integrated structure and is focused on acquiring patents, performing accelerating preclinical and clinical development and licensing or selling technology developed to large pharma companies in the area of stem cells.

Regen, to date, has reviewed over 20,000 U.S. issued patents covering stem cell related subject matter. The company has already created a list of 30 promising technologies for rapid commercialization and is in talks to license a number of these technologies.

David R. Koos, Chairman and CEO of Bio-Matrix Scientific Group, said that BMSN is assembling the team and capabilities to in-license and evaluate technologies rapidly, then to develop the regulator package and initiate clinical trials.

May 1st, 2012 | Tags: | Category: Hot MicroCaps

Enter your email address and receive this feed daily:

Delivered daily by FeedBurner

------------------------------------------------------------------------------------------------------------------------
All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.

No comments


Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


-------------------------------------------------------------------------------------------------------------------------
All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.