BIOMERICA INC (BMRA)
BioMerica Inc (BMRA) is a biotechnology company specializing in the development, manufacturing, and distribution of specialty pharmaceuticals and biopharmaceuticals. The company focuses on providing innovative solutions for clinical research, diagnostic testing, and therapeutic applications, serving healthcare providers, researchers, and pharmaceutical companies worldwide.
Company News
Biomerica reported modest financial performance with $5.3 million in net sales, reduced operating expenses by $1.3 million, and improved operating loss by 19%. The company focused on strategic growth in diagnostic tests, particularly inFoods® IBS, and expanded international market presence.
The global injection molding market is projected to reach $418.39 billion by 2031, driven by growing demand from the automotive and packaging industries. Metal injection molding is expected to see the highest growth rate during the forecast period.