Overall impact
B (68)

Commentary

Biomerica is a strong overall performer. With a 'B' rating of 67.5 for overall impact (78th percentile compared to all companies), Biomerica ranks 46th out of 103 industry peers, behind MyMD Pharmaceuticals, Alphatec, electroCore and 42 others, and ahead of Waters, Biolase, Silk Road Medical and 54 others. On top material causes for Biomerica's industry (Healthcare Equipment), Biomerica performs well in Disease Eradication (90.3 score), Sanitation Access (87.3), Reduced Use of tobacco (86.3) and 6 other causes where it received an 'A' score and performs poorly in Reduced Green House Gas Emissions (27.2 score), Technology Innovation (6.3) and Humane Treatment of Animals (13.1).
Impact
Cause BMRA
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Company
Employees
50
Sector
Health Care
Industry
Health Care Equipment & Supplies
Sub-industry
Health Care Supplies
SASB industry
Medical Equipment & Supplies
Headquarters
Ca, United States
Share classes
BMRA
Description
Biomerica, Inc., a biomedical technology company, engages in developing, patenting, manufacturing, and marketing diagnostic and therapeutic products for the detection and treatment of medical conditions and diseases worldwide. The company's diagnostic test kits are used to analyze blood, urine, nasal, or fecal specimens from patients in the diagnosis of various diseases, food intolerances, and other medical complications. These kits also measure the levels of specific bacteria, hormones, antibodies, antigens, and other substances which may exist in the human body, stools, or blood in extremely small concentrations. It primarily sells its products for treating gastrointestinal diseases and food intolerances, as well as various esoteric tests at physicians' offices, over-the-counter drugstores, and hospital/clinical laboratories. The company is also involved in the development of InFoods IBS, which uses a simple blood sample to identify patient-specific foods that may alleviate irritable bowel syndrome symptoms, and hp+detect, a H. Pylori diagnostic test that indicates if a patient is infected with the H. Pylori bacteria. In addition, it develops, markets, and sells COVID-19 diagnostic tests to indicate if a person has been infected by COVID-19. The company was incorporated in 1971 and is headquartered in Irvine, California.
Material causes
Ethos considers the following causes material for Biomerica, based on its industry sub-industry Health Care Supplies. Learn more about material causes in our methodology overview.

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