MondayMar 24, 2008 6:19 pm

Beacon Equity Research Featured Company: Biomagnetics Diagnostics Corp. (BMGP.PK)

Biomagnetics Diagnostics Corp. (BMGP.PK) is a biotechnology company. The Company’s primary focus is on discovering, developing and marketing new diagnostic equipment and immunoassays. An immunoassay is a biochemical test that measures the concentration of a substance in a biological liquid by using the reaction of an antibody or antibodies to its antigen. The company’s primary product is the High Throughput Screening-Magnetic Testing Platform (HTS-MTP) diagnostic system. This system’s purpose is to detect any pathogen, whether it is viral or bacterial, by using any body fluid as the primary testing median. It is the only system of its caliber and efficiency.…

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FridayMar 14, 2008 9:33 am

Biomagnetics Diagnostic Corp. (BMGP) Breaks the Mold for Diagnostics Industry

Biomagnetics Diagnostic Corp. (BMGP) is working to revolutionize the current diagnostic industry with its patented technologies. The High Throughput Screening Magnetic Testing Platform (HTS-MTP) will be Biomagnetic's first product to be released into the market. The HTS-MTP has been designed to detect a “target virus/bacteria” by measuring and defining a single paramagnetic microsphere attached to each virus/bacteria molecule. Rather than taking days or even hours for results of a virus presence, the HTS-MTP has the ability to detect the virus and count the viral load in minutes. As stated above, the HTS-MTP has the ability to detect both bacterial and…

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FridayMar 14, 2008 4:35 am

Biomagnetics Diagnostics Corporation (BMGP.PK) Hoping to Revolutionize the Medical Device Market

Working through their subsidiary, Biospectrum Technologies, Biomagnetic Diagnostics Corporation (OTC: BMGP) attains revolutionary patented technologies that can potentially revitalize the diagnostic industry. The company's first product being prepped for the health care market is the High Throughput Screening – Magnetic Testing Platform (HTS-MTP). The current price for a laboratory conformity test, more commonly known as Western Blot, is between $35 and $50, with a screening test set between $2.5 and $5. If a person is infected, they are often given a periodic viral load test that measures the amount of virus in an infected person. These tests cost between $80…

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