Biomerica Inc - Company Profile
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Biomerica Inc (Biomerica) develops, manufactures, and markets medical diagnostic products used for the early detection and monitoring of chronic diseases and medical conditions. The company’s diagnostic test kits are used to analyze blood, urine and fecal specimens of the patient to diagnose various diseases and medical complications. It focuses on the development of products for diabetes, gastrointestinal, food intolerances and esoteric tests by utilizing enzyme immunoassay technology. Biomerica’s diagnostic tests are used by hospitals, clinical laboratories, physician’s offices and consumers around the world. The company distributes products in Americas, Europe, Asia, and the Middle East. Biomerica is headquartered in Irvin, California, the US.
Headquarters
United States of America
Address
17571 Von Karman Avenue, Irvine, California, 92614
Website
biomerica.com
Telephone
1 949 3792875
No of Employees
62
Industry
Medical Equipment
Ticker Symbol & Exchange
BMRA (NASD)
Revenue (2023)
$5.3M
-71.7%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-57.6%
(2023 vs 2022)
Market Cap*
$11.2M
Net Profit Margin (2023)
XYZ
-457.0%
(2023 vs 2022)
* As of and is in US$
Biomerica Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Clinical Lab | GAP |
| H. pylori IgA ELISA (GAP) | InFoodsBiomerica |
| Food Intolerance 90G ELISA | Fortel |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In March, the company launched its InFoods IBS test. |
| 2022 | Regulatory Approval | In December, the company received approval from KFDA and Ministry of Health for colorectal screening and breast screening tests in Saudi Arabia and UAE. |
| 2022 | Others | In October, the company to expand sales of Biomerica’s to aware by introducing Breast Self Exam and the product will be now available in over 2400 Walmart stores. |
Competitor Comparison
| Key Parameters | Biomerica Inc | BG Medicine Inc | Aalto Scientific Ltd | Alfa Scientific Designs Inc | ALPCO Diagnostics |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Irvine | Waltham | Eatonton | Poway | Salem |
| State/Province | California | Massachusetts | Georgia | California | New Hampshire |
| No. of Employees | 62 | 5 | - | - | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jack Kenny | Chairman | Executive Board | 2024 | - |
| Robert W. Carlson | Chief Commercial Officer | Senior Management | 2022 | - |
| Allen Barbieri | Vice Chairman | Executive Board | 1999 | - |
| Janet Moore | Treasurer; Secretary; Director | Executive Board | 1999 | - |
| Gary Lu | Chief Financial Officer | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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