ROCHESTER, N.Y.--(BUSINESS WIRE)--March 30, 2006--Biophan-Europe to Enter into Negotiations for a Joint R&D Agreement with Siemens Medical Solutions MRI Division. Biophan Technologies, Inc. (OTCBB: BIPH)(FWB: BTN), a developer of next-generation medical technology, announced today a declaration of intent to enter into negotiations for a strategic research collaboration between Siemens’ Medical Solutions MRI Division in Europe and Biophan Europe GmbH, designed to provide new solutions in the growing field of interventional MRI medicine and MRI-assisted minimally invasive surgeries.