Biomerica provides update on inFoods IBS expansion

- Expansion into new offices within current major groups, including Northeast and Ohio; Expansion into new major group in Texas.

- Average quarterly increase in physicians prescribing inFoods more than doubled each quarter over the past 12 months.

- Biomerica in discussions for launch of inFoods IBS with large non-GI physician groups opening new market for the product.

- Company receives notice of allowance for five new patents in Europe, Canada and Japan; the inFoods technology now has 25 Issued/allowed patents.

IRVINE, Calif., April 15, 2024 (GLOBE NEWSWIRE) -- Biomerica, Inc. (Nasdaq: BMRA), (the “Company”) a global provider of advanced medical products is pleased to announce advancements in the roll out of the inFoods IBS product.

Expansion Into New Offices and Physician Engagement:
Biomerica has expanded its reach with adoption by new offices in targeted regions, including the Southeast, Northeast and Midwest. The Company's new salesforce has activated over 30 new Gastrointestinal (GI) physician groups, each with multiple GI physicians, and these new practices have begun recommending the Company's revolutionary inFoods IBS Product to their IBS patients. Furthermore, the average increase in the number of physicians prescribing inFoods more than doubled each quarter over the past 12 months, reflecting growing adoption and trust within the GI medical community.

The Company is also in discussions with large non-GI physician groups for utilization of the inFoods IBS test. This advances the strategic effort to expand to non-GI physicians to provide cutting-edge non-pharmaceutical care options for individuals grappling with chronic IBS conditions.

This continued expansion demonstrates growing recognition and adoption of the inFoods IBS test in the medical community, broadening Biomerica's influence in providing innovative solutions for irritable bowel syndrome (IBS) while positioning the Company for product revenue growth over the coming quarters.

Biomerica Advances Intellectual Property Portfolio:
Biomerica has also been issued notices of allowance on five new patents in Japan, Canada and the EU, for a total of 25 pending/issued patents worldwide. These allowed/issued patents cover the Company’s inFoods Technology and validate the novelty of this technology.

Patient Testimonials:

• "Using the inFoods IBS product has led to a life changing outcome for me. The relief from symptoms has significantly improved my daily life and I am immensely grateful" - Sarah.
• “My test results showed I needed to eliminate soy and eggs. Upon eliminating these two foods from my diet, I felt better within days. Weeks later when I accidentally ate soy again, the symptoms returned. I was surprised how exact the test results were. So happy to have found this test, the relief has been amazing" - Jane.

Robert Carlson, Chief Commercial Officer, added, “We are on a mission to introduce a new, cost effective, non-pharmaceutical option for the management of IBS symptoms by helping patients identify foods that are possibly causing their IBS symptoms.”