- Biomerica ( NASDAQ: BMRA ) stock surged ~28% in Thursday premarket trading after the company said its Aware Breast Self Exam device will now be sold by Walmart ( WMT ).
- BMRA said that Walmart will initially begin selling the product online in the U.S.
- Biomerica ( BMRA ) also said that it is in the final phase of working with the retail giant to stock and sell the breast self examination device in physical Walmart stores in the U.S.
- The company is also negotiating with other partners to distribute the device in markets outside of the U.S.
- "As one of the largest retail corporations in the world, Walmart provides unmatched visibility and distribution for this potentially life-saving product. We look forward to supporting Walmart in the product roll-out, ensuring that as many women as possible have access to this product,” said BMRA CEO Zack Irani.
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Biomerica stock jumps after Walmart to begin selling co's Aware Breast Self Exam device