11:33 AM EDT, 04/29/2024 (MT Newswires) -- Biomerica ( BMRA ) said Monday it has a multiyear exclusive distribution deal with an undisclosed health-care conglomerate in the United Arab Emirates, starting with an order for home tests for colorectal cancer and breast exams.

Financial details weren't disclosed.

The Dubai Healthcare Authority granted insurance reimbursement for EZ Detect colorectal screening, Biomerica ( BMRA ) said.

Shares of Biomerica ( BMRA ) rose 12% in recent trading Monday.

Price: 0.75, Change: +0.08, Percent Change: +11.71