STOCK TITAN

Biomerica Stock Price, News & Analysis

BMRA NASDAQ

Company Description

Biomerica, Inc. (NASDAQ: BMRA) is a global biomedical technology company that develops, patents, manufactures and markets advanced diagnostic and therapeutic products. According to the company’s disclosures, its products are used at the point-of-care (in home and in physicians’ offices) and in hospital/clinical laboratories for the detection and/or treatment of medical conditions and diseases. Biomerica states that its products are designed to enhance health and well-being while helping reduce total healthcare costs, with a primary focus on gastrointestinal and inflammatory diseases where it has multiple diagnostic and therapeutic products in development.

Core business focus

Biomerica describes itself as a global provider of advanced medical diagnostic and therapeutic products and advanced diagnostic solutions. The company’s activities include:

  • Developing and patenting biomedical technologies and diagnostic assays.
  • Manufacturing diagnostic and therapeutic products for use in home settings, physicians’ offices, and hospital/clinical laboratories.
  • Marketing these products worldwide through partnerships, distributors, and direct commercial efforts.

The company primarily focuses on gastrointestinal and inflammatory diseases. A central program is its inFoods® IBS platform, which Biomerica describes as a diagnostic-guided therapy for Irritable Bowel Syndrome (IBS). The inFoods IBS test is designed to identify patient-specific food triggers responsible for symptoms such as abdominal pain, bloating, diarrhea, and constipation. Using a finger-stick or simple blood sample, physicians can use the test information to recommend targeted dietary changes tailored to a patient’s immune response, offering a non-pharmaceutical, precision-based approach to symptom relief.

Key products and technology platforms

Based on the company’s public communications, Biomerica’s portfolio includes:

  • inFoods® IBS diagnostic-guided therapy – A test that assesses above-normal immunoreactivity to specific foods and identifies two to four foods on average that trigger IBS symptoms. Clinical data cited by the company from a multicenter, randomized, double-blind, sham-controlled trial published in Gastroenterology showed statistically significant improvements in abdominal pain reduction for patients following inFoods IBS-guided diets compared with control diets.
  • inFoods® IBS Trigger Food Navigator – An AI-backed digital companion tool that supports patients who have undergone inFoods IBS testing. Biomerica explains that the Navigator is designed to improve dietary compliance and treatment success through smart meal suggestions, ingredient substitutions, and simplified meal planning tools aligned with each patient’s identified trigger foods.
  • Rapid screening test portfolio – Biomerica reports a portfolio of rapid screening tests designed for early detection of conditions associated with cancers and chronic diseases. In Egypt, the Egyptian Drug Authority authorized the company’s complete screening test portfolio, including at-home tests such as EZ Detect™ Colon Disease Test, Aware® Breast Self Exam, Fortel® Prostate (PSA) Screening Test, Fortel® Kidney Disease (Microalbumin) Screening Test, and Fortel® Ulcer (H. pylori) Screening Test. These tests are described as rapid, easy-to-use, and suitable for point-of-care and home use.
  • Fortel® Kidney Test – A rapid, approximately 10-minute diagnostic test that detects low levels of albumin in urine, an early marker of possible kidney disease. Biomerica notes that the United Arab Emirates Ministry of Health and Prevention has approved this test for home use.
  • Fortel® Ulcer (H. pylori) Test – A rapid whole blood test detecting antibodies to Helicobacter pylori infection, associated with gastritis, ulcers, and some stomach cancers. The company reports that this test has also been approved for home use in the UAE.

Biomerica indicates that its inFoods technology platform may be applicable to additional gastrointestinal conditions and that it holds patents covering aspects of this platform.

Contract development and manufacturing (CDMO) services

In addition to its own product portfolio, Biomerica has expanded its role as a Contract Development and Manufacturing Organization (CDMO) serving diagnostic and biotechnology companies. The company reports more than 40 years of expertise in assay development, manufacturing, and regulatory compliance, and states that demand from third-party diagnostic and biotechnology companies has driven the expansion of these services.

Biomerica’s described CDMO capabilities include:

  • Assay development and custom solutions for lateral flow, point-of-care diagnostics, ELISA tests, and multiplex ELISA assays.
  • Antibody and reagent services, including various antibody conjugation techniques.
  • Recombinant antibody development and creation of stable cell lines.
  • Manufacturing and assembly services for diagnostic formats such as lateral flow cassettes and ELISA plates.
  • Supply chain and technology transfer support, including sourcing and qualification of raw materials and scaling products into commercial production.

The company notes that its CDMO services are a growing contributor to revenue and that it operates with ISO 13485 certification, CE-mark expertise, and an FDA-registered cGMP manufacturing facility.

Geographic reach and regulatory authorizations

Biomerica describes itself as a global provider with products and services used worldwide. The company’s disclosures highlight:

  • Authorization by the Egyptian Drug Authority for its complete screening test portfolio, enabling marketing and distribution of multiple rapid tests across Egypt.
  • Approvals by the United Arab Emirates Ministry of Health and Prevention for the Fortel Ulcer Test and Fortel Kidney Test for home use.
  • Commercial activities and partnerships in the Middle East and North Africa (MENA) region, including regional distributor relationships referenced in financial discussions.
  • A marketing services agreement in the United States with Henry Schein, Inc. to support commercialization of the inFoods IBS test to primary care and gastroenterology practices (excluding New York State).

In its earlier description, Biomerica also indicated that a majority of revenue was earned from Asia and that it had a presence in Europe, North America, the Middle East, and South America.

Reimbursement and clinical evidence

Biomerica emphasizes reimbursement and clinical validation as important aspects of its business model for inFoods IBS. The company reports that:

  • The American Medical Association’s CPT Editorial Panel approved a Proprietary Laboratory Analyses (PLA) code for the inFoods IBS test, providing a unique billing identifier.
  • The Centers for Medicare & Medicaid Services (CMS) established a national Medicare payment rate of $300 for the inFoods IBS test under the Clinical Laboratory Fee Schedule, applicable to certain Medicare claims with dates of service on or after January 1, 2026.
  • Biomerica views this pricing determination as a significant commercial milestone that may support broader patient access and serve as a reference point in discussions with private insurers.

The company highlights Level 1 clinical evidence for inFoods IBS from a large, randomized, multicenter, double-blind, placebo- or sham-controlled trial published in Gastroenterology. Reported outcomes include statistically significant improvements in abdominal pain reduction for IBS patients following an inFoods-guided elimination diet, with particularly notable results in IBS-C and IBS-M subtypes.

Strategic direction and revenue mix

In recent financial communications, Biomerica’s management has described a strategic pivot from legacy, lower-margin products toward higher-value, higher-margin diagnostic-guided therapy products such as inFoods IBS and hp+detect™, as well as expanded CDMO services. The company attributes recent revenue variability partly to this transition and to timing of international orders, while pointing to cost discipline, optimized fixed cost structure, and working capital improvements as part of its operational focus.

Biomerica manages its operations as a single operating and reportable segment focused on the development, manufacture, marketing, and sale of diagnostic products. The company’s stated strategy includes advancing key diagnostic programs from development into commercialization, expanding partnerships, and continuing to grow higher-margin product lines and CDMO services.

Stock information and corporate governance

Biomerica’s common stock trades on the Nasdaq under the ticker symbol BMRA. The company is incorporated in Delaware and holds annual meetings of stockholders where proposals such as director elections, executive compensation advisory votes, auditor ratification, equity incentive plan amendments, and changes to authorized share capital are presented for shareholder approval.

Recent SEC filings indicate active corporate governance processes, including the election of directors, approval of amendments to stock incentive plans, and consideration of changes to the number of authorized shares of common stock. The company has also reported the appointment of an additional independent director with extensive diagnostics industry experience, who serves on key board committees.

How Biomerica fits within the diagnostics and medical technology landscape

Within the broader manufacturing and medical diagnostics space, Biomerica positions itself around:

  • Diagnostic-guided therapy in gastrointestinal disease, particularly IBS, through inFoods IBS and related digital tools.
  • Accessible, rapid screening tests for conditions associated with cancers and chronic diseases, including colorectal disease, breast abnormalities, prostate disease, kidney disease, and H. pylori infection.
  • Contract development and manufacturing services for other diagnostic and biotechnology companies, covering assay development, antibody services, and scalable manufacturing.

For investors and observers researching BMRA stock, these elements—along with regulatory authorizations, reimbursement milestones, and clinical evidence—are central to understanding Biomerica’s business model and potential growth drivers as described in its public communications.

Stock Performance

$—
0.00%
0.00
Last updated:
-65.74%
Performance 1 year

Financial Highlights

$5.3M
Revenue (TTM)
-$5.0M
Net Income (TTM)
-$3.8M
Operating Cash Flow

Upcoming Events

Short Interest History

Last 12 Months
Loading short interest data...

Short interest in Biomerica (BMRA) currently stands at 74.4 thousand shares, down 15.7% from the previous reporting period, representing 2.9% of the float. Over the past 12 months, short interest has increased by 49.7%. This relatively low short interest suggests limited bearish sentiment.

Days to Cover History

Last 12 Months
Loading days to cover data...

Days to cover for Biomerica (BMRA) currently stands at 4.2 days, up 31.6% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has increased 321% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 4.8 days.

Frequently Asked Questions

What is the current stock price of Biomerica (BMRA)?

The current stock price of Biomerica (BMRA) is $2.08 as of February 27, 2026.

What is the market cap of Biomerica (BMRA)?

The market cap of Biomerica (BMRA) is approximately 6.2M. Learn more about what market capitalization means .

What is the revenue (TTM) of Biomerica (BMRA) stock?

The trailing twelve months (TTM) revenue of Biomerica (BMRA) is $5.3M.

What is the net income of Biomerica (BMRA)?

The trailing twelve months (TTM) net income of Biomerica (BMRA) is -$5.0M.

What is the earnings per share (EPS) of Biomerica (BMRA)?

The diluted earnings per share (EPS) of Biomerica (BMRA) is $-2.16 on a trailing twelve months (TTM) basis. Learn more about EPS .

What is the operating cash flow of Biomerica (BMRA)?

The operating cash flow of Biomerica (BMRA) is -$3.8M. Learn about cash flow.

What is the profit margin of Biomerica (BMRA)?

The net profit margin of Biomerica (BMRA) is -93.6%. Learn about profit margins.

What is the operating margin of Biomerica (BMRA)?

The operating profit margin of Biomerica (BMRA) is -96.7%. Learn about operating margins.

What is the gross margin of Biomerica (BMRA)?

The gross profit margin of Biomerica (BMRA) is 9.4%. Learn about gross margins.

What is the current ratio of Biomerica (BMRA)?

The current ratio of Biomerica (BMRA) is 2.80, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What is the gross profit of Biomerica (BMRA)?

The gross profit of Biomerica (BMRA) is $498K on a trailing twelve months (TTM) basis.

What is the operating income of Biomerica (BMRA)?

The operating income of Biomerica (BMRA) is -$5.1M. Learn about operating income.

What does Biomerica, Inc. do?

Biomerica, Inc. is a global biomedical technology company that develops, patents, manufactures and markets advanced diagnostic and therapeutic products. Its products are used at the point-of-care and in hospital and clinical laboratories for detection and/or treatment of medical conditions and diseases, with a primary focus on gastrointestinal and inflammatory diseases.

What is the inFoodsae IBS test offered by Biomerica?

The inFoodsae IBS test is a diagnostic-guided therapy developed by Biomerica for Irritable Bowel Syndrome. Using a blood or finger-stick sample, it identifies patient-specific food triggers that may cause IBS symptoms such as abdominal pain, bloating, diarrhea, and constipation. Physicians can then recommend targeted dietary changes based on the test results, providing a non-pharmaceutical, precision-based approach to symptom relief.

How is the inFoodsae IBS test supported by clinical evidence?

Biomerica reports that inFoodsae IBS has been evaluated in a large, randomized, multicenter, double-blind, placebo- or sham-controlled clinical trial published in the journal Gastroenterology. The study showed statistically significant improvements in abdominal pain reduction for patients who followed an inFoods-guided elimination diet compared with a control diet, including strong results in IBS-C and IBS-M subtypes.

What is the inFoodsae IBS Trigger Food Navigator?

The inFoodsae IBS Trigger Food Navigator is an AI-backed digital companion tool launched by Biomerica to support patients who have undergone inFoods IBS testing. It is designed to improve dietary compliance and treatment success by providing smart meal suggestions, ingredient substitutions, and simplified meal planning tools tailored to each patients identified trigger foods.

Which rapid screening tests are included in Biomericas portfolio?

Biomerica describes a screening portfolio that includes rapid tests such as EZ Detecta9 Colon Disease Test, Awareae Breast Self Exam, Fortelae Prostate (PSA) Screening Test, Fortelae Kidney Disease (Microalbumin) Screening Test, and Fortelae Ulcer (H. pylori) Screening Test. These tests are designed for early detection of conditions associated with colorectal, breast, and prostate disease, kidney disease, and H. pylori infection.

In which regions does Biomerica have regulatory authorizations for its tests?

Biomerica reports that the Egyptian Drug Authority has authorized its complete screening test portfolio for marketing and distribution across Egypt. The company also notes that the United Arab Emirates Ministry of Health and Prevention has approved its Fortelae Ulcer Test and Fortelae Kidney Test for home use. In addition, Biomerica has described broader commercial activities in the Middle East and North Africa region.

What CDMO services does Biomerica provide?

Biomerica offers Contract Development and Manufacturing Organization (CDMO) services to diagnostic and biotechnology companies. These services include assay development for lateral flow and ELISA formats, antibody and reagent services, recombinant antibody development, manufacturing and assembly of diagnostic products, and supply chain and technology transfer support to scale products into commercial production.

How is the inFoodsae IBS test reimbursed by Medicare?

According to Biomerica, the Centers for Medicare & Medicaid Services (CMS) has established a national Medicare payment rate of $300 for the inFoodsae IBS test under the Clinical Laboratory Fee Schedule. This rate applies to certain Medicare-approved claims with dates of service on or after January 1, 2026, and follows the American Medical Associations approval of a unique PLA code for the test.

What is Biomericas strategic focus for its product portfolio?

Biomericas management has described a strategic pivot from legacy, lower-margin products toward higher-value, higher-margin diagnostic-guided therapy products such as inFoodsae IBS and hp+detecta9, along with expanded CDMO services. The company emphasizes transitioning its revenue mix, maintaining cost discipline, and advancing key diagnostic programs from development into commercialization.

On which exchange is Biomericas stock traded and what is its ticker?

Biomericas common stock is listed on Nasdaq under the ticker symbol BMRA. The company is incorporated in Delaware and holds annual meetings of stockholders where shareholders vote on matters such as director elections, executive compensation advisory votes, auditor ratification, and equity plan amendments.