Biomerica Announces inFoods® IBS Pilot Launch with Prominent 1,100 Member Physician Group Commencing June 2024
13 Maggio 2024 - 2:19PM
Biomerica, Inc. (Nasdaq: BMRA), (the “Company”) a global provider
of advanced medical diagnostic and therapeutic products, today
announced the initiation of a pilot program for its inFoods® IBS
product with a large 1,100-member physician group. This pilot
launch will commence in June 2024.
inFoods® IBS offers a novel approach by
identifying individual patient specific dietary triggers for IBS
symptoms, which could revolutionize management of the condition.
This technology has demonstrated remarkable success in alleviating
symptoms for the majority of patients participating in the most
extensive clinical study of its kind.
Irritable Bowel Syndrome (IBS) affects
approximately 10-15% of the global population and contributes to an
estimated $21 billion in direct medical costs and productivity
losses annually. Despite being the seventh most common diagnosis
among all physicians, effective treatment solutions have been
elusive for most sufferers. The complexity of IBS and the limited
therapeutic efficacy of current treatments underlines the critical
need for innovative solutions like inFoods® IBS.
The inFoods IBS product has undergone rigorous
testing in a prospective, double-blind, placebo-controlled endpoint
study conducted at prestigious institutions including the Mayo
Clinic, Beth Israel Deaconess Medical Center (a Harvard Medical
School Teaching Hospital), Houston Methodist Hospital, and the
University of Michigan. The study results revealed a significant
improvement in Abdominal Pain Intensity scores (trial participants
with >30% reduction in pain) for IBS patients in the treatment
diet arm compared to those in the placebo diet arm (p-value of
0.0246). Notably, this study found that the majority of IBS
patients experienced remarkable relief with inFoods IBS.
The inFoods IBS positive clinical data will be
presented during the highly anticipated IBS Clinical Session at the
upcoming 2024 Digestive Disease Week (DDW) in Washington D.C., the
premier international gathering of healthcare professionals
specializing in digestive diseases.
About Biomerica (NASDAQ:
BMRA) Biomerica, Inc.
(www.biomerica.com) is a global biomedical technology company that
develops, patents, manufactures and markets advanced diagnostic and
therapeutic products used at the point-of-care (in home and in
physicians' offices) and in hospital/clinical laboratories for
detection and/or treatment of medical conditions and diseases. The
Company's products are designed to enhance the health and
well-being of people, while reducing total healthcare costs.
Biomerica primarily focuses on gastrointestinal and inflammatory
diseases where the Company has multiple diagnostic and therapeutic
products in development.
About inFoods® The inFoods IBS
test is designed to assess a patient’s above normal
immunoreactivity to specific foods utilizing a simple finger-stick
blood sample. Instead of difficult to manage broad dietary
restrictions, physicians can now use the inFoods IBS information to
make targeted, patient-specific recommendations about trigger foods
that, when removed from the diet, may alleviate IBS symptoms such
as pain, bloating, diarrhea and constipation. The inFoods IBS test
and clinical outcomes were studied at several prominent centers
including Mayo Clinic, Beth Israel Deaconess Medical Center Inc. -
a Harvard Medical School Teaching Hospital, Houston Methodist
Hospital, and the University of Michigan. The clinical results for
improvement in the Abdominal Pain Intensity (API) responder
endpoint of >30% reduction in pain, for IBS patients in the
treatment diet arm was greater than patients in the placebo diet
arm (p-value of 0.0246). The improvement for patients in the
treatment arm versus the placebo arm is considered clinically
significant and for certain endpoints is similar and, in some
cases, better than the current drugs in the market. Further
information about Biomerica’s patented inFoods® Technology Platform
can be found at: https://biomerica.com/inFoods/our-technology/.
The Private Securities Litigation Reform Act of
1995 provides a "safe harbor" for forward-looking statements.
Certain information included in this press release contains
statements that are forward-looking, such as statements relating to
the Company’s current and future sales, revenues, overhead,
expenses, cost of goods, operations, and earnings; the Company's
need for raising additional capital; the Company's expected
commercialization launch dates and future revenues from the
Company's HP Detect product, inFoods IBS product and other
products; and diversification of the Company's revenue streams.
Such forward-looking information is based upon the current beliefs
and expectations of management and involves important risks and
uncertainties that could significantly affect anticipated results.
In addition, these forward-looking statements are subject to
assumptions with respect to future business strategies and
decisions that are subject to change. Accordingly, such results may
differ materially from those expressed in any forward-looking
statements made by or on behalf of Biomerica. Factors that could
cause actual results to differ from those expressed in the
forward-looking statements are discussed in the "Risk Factors"
section of the Company's Annual Report on Form 10-K, Quarterly
Reports on Form 10-Q and other reports filed with the SEC and
available on the SEC's website (www.sec.gov). The Company is under
no obligation to update any forward-looking statements after the
date of this release.
Corporate Contact:
Zack Irani 949-645-2111
investors@biomerica.com
Source: Biomerica, Inc.
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