Biomerica, Inc. (NASDAQ: BMRA), a global biomedical technology
company, announces they have recently received three patent notices
of allowance covering technology and methods for treating
Gastroesophageal Reflux Disease (“GERD”), Crohn’s Disease, and
Ulcerative Colitis using its proprietary inFoods® Technology. These
patents apply to countries under the European Patent Organization
(“EPO”), including major markets such as Germany, UK, France,
Italy, and Spain, as well as over 30 other nations within the EPO.
Prevalence and Market Potential in Europe
GERD, Crohn’s Disease and Ulcerative Colitis represent
significant worldwide healthcare challenges across Europe.
GERD: The GERD treatment market in Europe
exceeds $4 billion annually. Studies indicate that 8.8% to 25.9% of
Europeans experience GERD symptoms weekly (gut.bmj.com), with
lifetime risk ranging between 20% and 30%. Recent research has
linked long-term use of proton pump inhibitors (“PPIs”)—a common
GERD treatment—to serious health risks, including Alzheimer’s
disease and kidney damage, underscoring the need for safer,
innovative solutions like inFoods®.
Crohn’s Disease: The market for Crohn’s Disease
treatments in Europe is estimated at $2.5 billion annually
(gminsights.com). This chronic inflammatory condition requires new
approaches to improve patient outcomes and reduce healthcare
costs.
Ulcerative Colitis: The European market size of
$1.5 billion in 2023 is projected to surpass $1.9 billion by 2028
according to Market Data Forecasts.
These recent notices of allowance and issuance of patents are a
significant milestone in Biomerica's mission to enhance patient
care through personalized medical solutions. The Company is
currently marketing an inFoods® Technology test to treat IBS
sufferers, which is already covered by 15 different patents
globally. The issuance of patents in these additional disease
states opens the door for Biomerica to complete development of
inFoods therapeutic products to treat patients within this broader
spectrum of gastrointestinal diseases.
inFoods®: A Personalized and Safer Approach to GI
Care
Biomerica’s inFoods® Technology is a diagnostic-guided platform
that identifies specific foods in each patient that trigger
worsening symptoms in GERD, Crohn’s Disease, and Ulcerative
Colitis. This allows healthcare providers to create personalized
dietary plans, addressing the root cause of symptoms and reducing
reliance on medications with severe side effects.
For GERD: inFoods® offers an alternative to
proton pump inhibitors (“PPIs”), which are widely prescribed
despite their links to dementia, Alzheimer’s, and kidney disease.
This non-drug, dietary-based solution is a safer option for
millions of patients.
For Crohn’s and Ulcerative Colitis: inFoods®
supports tailored dietary interventions that work alongside
traditional pharmaceutical therapies, potentially reducing symptom
severity, healthcare costs, and improving overall quality of
life.
“With these European patents, Biomerica can expand its GI
offerings to address GERD, Crohn’s, and Ulcerative Colitis,” said
Zack Irani, CEO of Biomerica. “inFoods® represents a paradigm shift
in gastrointestinal care, offering safer, non-drug solutions that
align with the growing demand for personalized medicine. This
achievement underscores our dedication to enhancing patient
outcomes and creating value for our investors.”
The issuance of each patent in individual countries, following
approval by the respective national patent authorities, depends on
the Company completing required steps, such as payment of the
necessary patent issuance fees. In some cases, the Company may
strategically prioritize certain countries within the EPO or other
regions and may not proceed with issuance in every eligible
country. For more information about Biomerica and the inFoods®
platform, please visit www.biomerica.com and www.infoods.com.
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’s primary focus is on gastrointestinal and inflammatory
diseases where the Company has multiple diagnostic and therapeutic
products in development.
About inFoods®The Biomerica inFoods® IBS
product is designed to allow physicians to identify
patient-specific foods (e.g., eggs, broccoli, wheat, potatoes,
pork, etc.), that when removed from the diet, may alleviate or
improve an individual's IBS symptoms including, but not limited to,
constipation, diarrhea, bloating, pain and indigestion. This
patented, diagnostic-guided therapy is designed to allow for a
patient-specific, guided dietary regimen to improve IBS outcomes. A
point-of-care version of the product is being developed to allow
physicians to perform the test in-office using a finger stick blood
sample, while a clinical lab version of the product is expected to
be the first for which the company will seek regulatory approval. A
billable CPT code that can be used by both clinical labs and
physicians' offices is already available for
inFoods® products. Since the inFoods® product is a
diagnostic-guided therapy, and not a drug, it has no drug type side
effects. An estimated 45 million people in America currently suffer
from IBS making it a leading cause for patient doctor visits.
The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for forward-looking statements. Certain information
included in this press release (as well as information included in
oral statements or other written statements made or to be made by
Biomerica) contains statements that are forward-looking, such as
statements relating to current and future issuance of patents, the
Company proceeding with issuance of every patent in every approved
country, including issuance in every member nation within the EPO,
freedom to operate in specific diseases and/or regions, efficacy of
the Company’s patents at limiting competition, breadth of coverage
these patents provide, the efficacy of the Company’s inFoods
products in treating patients suffering from various
gastrointestinal diseases, and the efficacy of the Company’s other
tests, future FDA clearance of the Company’s products, the rapidity
of testing results, negotiations with international distribution
partners, uniqueness of the Company’s products, accuracy of inFoods
test result, demand for domestic or international orders, potential
revenues from the sale of current or future products, availability
of the Company’s test kits, and timing of the commercial launch of
various inFoods tests. Such forward-looking information involves
important risks and uncertainties that could significantly affect
anticipated results in the future, including, without limitation:
the Company’s ability or willingness to pay, or continue to pay the
patent issuance fees, and/or pay the patent’s annual maintenance
fees, results of studies testing the efficacy of the Company’s
inFoods tests and other products; regulatory approvals necessary
prior to commercialization of the Company’s products; domestic or
international availability of the Company’s test kits and other
products; capacity, resource and other constraints on our
suppliers; dependence on our third party manufacturers; dependence
on international shipping carriers; governmental import/export
regulations; demand for our various tests and other products;
competition from other similar products and from competitors that
have significantly more financial and other resources available to
them; the Company’s ability to comply with current and future
regulations in the countries where our products are made and sold
and the Company’s ability to obtain additional patent protection on
any aspects of its rapid test technologies. Accordingly, such
results may differ materially from those expressed in any
forward-looking statements made by or on behalf of Biomerica.
Additionally, potential risks and uncertainties include, among
others, fluctuations in the Company's operating results due to its
business model and expansion plans, downturns in international and
or national economies, the Company's ability to raise additional
capital, the competitive environment in which the Company will be
competing, and the Company's dependence on strategic relationships.
The Company is under no obligation to update any forward-looking
statements after the date of this release.
Corporate Contact:
Zack IraniBiomerica949-645-2111
Source: Biomerica, Inc.
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