Biomerica's 10-Minute At-Home PSA Test For Early Prostate Cancer Detection Approved By Saudi FDA; First Order Shipped To Saudi Arabia As Part Of Strategic Middle East Expansion
Portfolio Pulse from Benzinga Newsdesk
Biomerica's 10-minute at-home PSA test for early prostate cancer detection has been approved by the Saudi FDA. The first order has been shipped to Saudi Arabia, marking a strategic expansion into the Middle East.
September 04, 2024 | 12:21 pm
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Biomerica's at-home PSA test for prostate cancer has received approval from the Saudi FDA, and the first order has been shipped to Saudi Arabia. This marks a strategic expansion into the Middle East, potentially boosting revenues.
The approval by the Saudi FDA and the shipment of the first order to Saudi Arabia indicate a successful entry into a new market. This strategic expansion into the Middle East could lead to increased revenues for Biomerica, positively impacting its stock price.
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