SAN FRANCISCO--(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 its plans to spin off its Chinese bio-fuels operation, Zhuhai Oil Energy Sciences and Technology, located in Guangdong Province, China, into a separate publicly traded entity.
