Bio-Matrix Scientific Group Announced Today It Is Evaluating CAD/CAM Designs for Its Stem Cell Instruments, Anticipating Near Term Mold Completion and 510k Testing.SAN DIEGO -- Bio-Matrix Scientific Group Inc. (Pink Sheets:BMXG) announced today that it is evaluating its CAD/CAM CAD/CAM in full computer-aided design/computer-aided manufacturing. Integration of design and manufacturing into a system under direct control of digital computers. designs for stem cell stem cell In living organisms, an undifferentiated cell that can produce other cells that eventually make up specialized tissues and organs. There are two major types of stem cells, embryonic and adult. and tissue management instrumentation. The Company anticipates submitting a 510(k) filing for its stem cell and tissue management instruments toward the end of May 2005. A 510(k) filing with the FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. is a necessary requirement prior to the introduction of a medical device into commercial distribution for the first time. A company spokesperson indicated that these CAD/CAM designs should be finalized in the next couple of days, with completion of the Company's first set of molds by the first part of the next week. Once the molds are completed, the Company will proceed with a limited production run in order to start its Beta testing prior to making its 510(k) filing. The medical devices produced from a limited production run are expected to be used for testing, mold design verification, product samples, and for the 510(k) regulatory approvals. More information will be available shortly on the Company's new web site: www.BMXGonline.com. About Bio-Matrix Scientific Group Inc.: Bio-Matrix Scientific Group Inc. is a development stage company in the business of medical devices and monitoring systems research, development and commercialization. Bio-Matrix Scientific Group Inc. is aligning itself with partners that offer key technologies in biomedical bi·o·med·i·cal adj. 1. Of or relating to biomedicine. 2. Of, relating to, or involving biological, medical, and physical sciences. device development, tissue engineering, cell culturing, genome therapy and drug delivery systems. Other companies in the same industry as Bio-Matrix Scientific Group Inc. (Pink Sheets:BMXG) are StemCells Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :STEM), Thermogenesis thermogenesis /ther·mo·gen·e·sis/ (-jen´e-sis) the production of heat, especially within the animal body.thermogenet´icthermogen´ic ther·mo·gen·e·sis n. Corporation (NASDAQ:KOOL KOOL Kentucky Offender Online Lookup KOOL K-Based Object Oriented Language ) and Regeneration Technologies Inc. (NASDAQ:RTIX). DISCLAIMER: This news release contains forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks. |
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