Biomerica Expands inFoods IBS Reach With Addition Of Several New GI Groups
Portfolio Pulse from Benzinga Newsdesk
Biomerica is expanding the reach of its inFoods IBS product with the addition of several new GI groups. The company is on track for a national rollout of the product in 2024 and expects strong product revenue growth during this period. They have also hired a new Vice President of Sales and National Accounts along with the first set of regional sales representatives.
November 08, 2023 | 1:21 pm
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Biomerica's expansion of inFoods IBS and the hiring of a new VP of Sales and regional reps could lead to increased revenues and growth for the company.
The news directly pertains to Biomerica's product expansion and hiring of key sales personnel, which are likely to have a positive impact on the company's revenues and growth. This could potentially lead to a positive impact on the company's stock price in the short term.
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