Biomerica's Shares Gain As Its Colon Disease Screening Test Goes For Sale At Walmart Online

  • Biomerica Inc BMRA has entered into a Supplier Agreement with Walmart Inc WMT to sell its EZ Detect colorectal disease screening test within the Walmart retail system. 
  • Beginning this week, Walmart has started selling the product through its online sales channel.
  • Biomerica is also in the final phase of working with Walmart to stock and sell the EZ Detect product on the shelf in their stores. 
  • In addition, the Company is in negotiations with several large partners to distribute the EZ Detect product in Asia, Europe, and the Middle East.
  • The EZ Detect colon disease screening test is an at-home test to detect occult (hidden) blood in a person's stool, which can be an early warning sign of colorectal diseases, including colon and rectal cancers. 
  • EZ Detect does not require handling of the stool, is simple to perform and provides results in just two minutes.
  • Price Action: BMRA stock is up 37.60% at $6.19 during the premarket session on the last check Friday.
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