Biomerica (BMRA) Announces Walmart to Begin Nationwide In-Store Sales of EZ Detect Colorectal Screening Test

(Updated - October 19, 2021 6:41 AM EDT)

Biomerica, Inc. (Nasdaq: BMRA) (the “Company”) today announced that Walmart has begun in-store sales and rollout of the Company’s EZ Detect™ colorectal disease screening test within the nationwide Walmart retail system. Biomerica has shipped the EZ Detect product to Walmart distribution centers in the US and product is projected to be on the shelf in over 4,600 Walmart Stores nationwide over the next two weeks. The in-store retail placement follows Biomerica’s previous announcement in early October, that Walmart had begun sales of EZ Detect™ product for online purchase through Walmart.com (https://www.walmart.com/ip/EZ-Detect-Colon-Disease-Test-Kit/577079744). As part of its ongoing sales strategy, the Company has hired an internal digital and social media team to increase its presence on all major social communication platforms (Instagram: https://bit.ly/3j5FYDB; Facebook: https://bit.ly/3aBJBfN; Twitter: https://bit.ly/3BNROJW), and to promote awareness for its at-home testing products. In addition, Biomerica is in negotiations with several large partners for distribution of the EZ Detect™ product in Asia, Europe and the Middle East.

The EZ Detect™ colon disease screening test is the simplest 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. The test does not require handling of stool or dietary restrictions. A person simply places an EZ Detect™ test pad into the toilet after a bowel movement. A change in the pad’s color to blue/green, which would appear within two minutes, indicates the presence of blood in the stool. The pad is then simply flushed down the toilet.

“We’re excited to broaden our relationship with Walmart to now have EZ Detect™ available in the store at retail locations across the country, in addition to their online sales channel,” commented Zack Irani, CEO of Biomerica. “Walmart is the largest retailer in the world. Each week, approximately 220 million customers and members visit stores and clubs in 24 countries and on eCommerce websites. Early detection is a key factor to beating colorectal cancer. The inclusion of EZ Detect™ on Walmart shelves is a significant development in making our easy and innovative in-home tests available to more patients.”

Colorectal cancer (“CRC”) is the second most common cause of cancer death in the United States. In 2020, an estimated 147,950 Americans were projected to be diagnosed with CRC, and an estimated 53,200 were projected to die from the disease, including 17,930 cases and 3,640 deaths in individuals under the age of 50 [1].

In a study performed by Johns Hopkins University, EZ Detect™ was preferred 10:1 by patients over another fecal occult blood test. Published studies have also indicated that the best colorectal screening test is “the one that gets done.” [2] Other colorectal screening tests require handling of the stool and delivering or mailing the stool sample to a lab for processing. Handling of the stool results in a high percentage of these competing tests never being performed by patients[3]. EZ Detect™ does not require handling of the stool, is simple to perform and provides results at home in just two minutes.

For further information about the EZ Detect Product, please visit ezdetect.com

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