Biomagnetics Announces Today It Has Entered Into a Licensing Agreement
13 Mars 2012 - 2:00PM
Business Wire
Biomagnetics Diagnostics Corp., (PINK SHEETS:BMGP - News) a
developer of revolutionary diagnostic systems and technology for
HIV, hepatitis, tuberculosis and malaria detection, and other
innovative technologies, today announced the Company has signed an
agreement to sell the Company's interest in the Chinese
biodegradable plastic to Global Bio Energy Corp.
Biomagnetics entered into an agreement with Global Bio Energy
Corp. The terms of the agreement are as follows; a $50,000
non-refundable deposit upon signing, $1,000,000 dollars cash on
closing, four quarterly payments of $250,000 dollars and five
million shares of common stock in Global Bio Energy Corp.
Mr. Hardman continues, “Our progress with the Chinese programs
was delayed by the unexpected death of our point man in China. It
then became necessary to build direct personal business
relationships. The results of my recent trip show this effort has
been successful.”
About Biomagnetics Diagnostics Corp.
Biomagnetics Diagnostics Corporation is an advanced medical
device and Biotechnology Company and an acquirer of other
innovative technologies. The Company is currently developing a
waveguide-based advanced integrated optical biosensor through its
cooperative research and development agreement with Los Alamos
National Security, LLC, which will initially be used for cholera,
tuberculosis and malaria diagnosis. More information on
Biomagnetics Diagnostics Corp. can be seen at
www.biomagneticsbmgp.com.
Biomagnetics Diagnostics (CE) (USOTC:BMGP)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Biomagnetics Diagnostics (CE) (USOTC:BMGP)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024
Real-Time news about Biomagnetics Diagnostics Corp (CE) (OTCMarkets): 0 recent articles
Plus d'articles sur Biomagnetics Diagnostics