Welcome to our dedicated page for Biomerica news (Ticker: BMRA), a resource for investors and traders seeking the latest updates and insights on Biomerica stock.
Biomerica, Inc. (NASDAQ: BMRA) is a global biomedical technology company focused on advanced diagnostic and therapeutic products, with an emphasis on gastrointestinal and inflammatory diseases. The Biomerica news feed on Stock Titan highlights company announcements that explain how its diagnostic-guided therapies, rapid screening tests, and contract development and manufacturing (CDMO) services are evolving over time.
Readers can follow updates on the inFoods® IBS diagnostic-guided therapy, including clinical evidence, commercialization partnerships, and reimbursement milestones. Recent news has covered the American Medical Associations approval of a PLA code for inFoods IBS and the Centers for Medicare & Medicaid Services (CMS) decision to set a national Medicare payment rate for the test. Articles also describe the launch of the AI-backed inFoods IBS Trigger Food Navigator, a digital companion tool designed to support personalized IBS dietary therapy.
Biomerica news also covers regulatory authorizations and international expansion for its rapid screening portfolio. Examples include authorization by the Egyptian Drug Authority for the companys complete screening test portfolio and approvals by the United Arab Emirates Ministry of Health and Prevention for the Fortel® Ulcer and Fortel® Kidney tests for home use. These items provide insight into how Biomericas products are being introduced into new markets and care settings.
Investors and healthcare observers can also track updates on Biomericas expanding CDMO services, board and governance changes, and periodic financial results that discuss revenue mix, cost discipline, and the shift toward higher-margin diagnostic-guided therapy products and services. Bookmark this page to monitor BMRA news related to product launches, clinical publications, regulatory developments, commercial partnerships, and strategic initiatives as disclosed by the company.
Biomerica (NASDAQ: BMRA) announced a Notice of Allowance from the U.S. Patent and Trademark Office for its second patent related to the InFoods® technology platform, aimed at treating Irritable Bowel Syndrome (IBS). This patent covers methods to identify specific foods that may alleviate IBS symptoms. The InFoods® approach is undergoing clinical studies at major medical institutions, and Biomerica anticipates that these sites will adopt the product post-FDA clearance. The company also has several patents pending for other diseases utilizing this technology.
Biomerica Inc. (NASDAQ: BMRA) announced the filing of a new three-year shelf registration statement on Form S-3 with the SEC, replacing the previous registration effective since July 2017. This move offers the company flexibility for future capital market access. Additionally, 571,429 shares of common stock are being registered on behalf of Palm Global Master Small Cap Master Fund LP, related to their previous purchase of convertible preferred stock. Biomerica has no immediate plans to offer any securities under this new registration.
Biomerica (NASDAQ: BMRA) has partnered with the University of Texas Health Science Center at Houston to advance its InFoods® diagnostic-guided therapy aimed at alleviating symptoms of Irritable Bowel Syndrome (IBS). With over 45 million Americans affected by IBS, the trial focuses on identifying specific foods that trigger symptoms. The clinical trial is set to complete within 6 months, with the potential for a pivotal trial afterward for FDA submission. The InFoods® therapy is non-pharmaceutical, addressing the root causes of IBS while being compatible with existing treatments.
Biomerica (NASDAQ: BMRA) has submitted an EUA application to the FDA for an ELISA lab-based serology blood test to detect COVID-19 antibodies. This test aims to identify prior infections, supporting the reopening of economies. It boasts 100% specificity and no cross-reactivity. Biomerica plans to manufacture this test at its Irvine facility, which simplifies blood collection using a proprietary device. This is the third COVID-19 antibody test from Biomerica, adding to existing finger-prick tests sold internationally.
Biomerica (NASDAQ: BMRA) has secured its first Japanese patent for its InFoods® IBS Diagnostic Guided Therapy technology, aimed at alleviating symptoms of Irritable Bowel Syndrome (IBS) by identifying patient-specific food triggers. Approximately 45 million Americans and 19 million Japanese suffer from IBS, which costs the U.S. healthcare system an estimated $30 billion annually. The company has partnered with Mayo Clinic and other leading medical centers to conduct clinical trials for this innovative therapy, which may enhance treatment options without drug-type side effects.
Biomerica has launched a new high-volume production test for COVID-19 IgG/IgM, receiving CE mark approval. This rapid test, requiring only a finger prick and yielding results in 10 minutes, is designed for international markets, with a unit price of $10. The company has started shipping this test to distributors serving NATO and government agencies in Germany, Switzerland, and the Netherlands. Additionally, Biomerica is expanding its patent applications for a simplified blood sample collection method for future tests, aiming to meet international demand while remaining environmentally friendly.