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MedMira reported a revenue drop and larger loss in 2025, but achieved key regulatory approvals and advanced clinical trials and AI diagnostics.
MedMira Inc. reported a revenue drop to $240,509 for fiscal year 2025, up from $412,568 the prior year, with a net loss of $4.5 million, up from $3.3 million, driven by higher R&D and sales expenses.
Despite financial challenges, the company improved gross profit margin to 72% and achieved key regulatory approvals in Canada for its Multiplo® TP/HIV and Reveal® TP syphilis tests, enabling provincial rollout.
In the U.S., it secured VA and federal listings, expanding access to government contracts.
Clinical trials advanced for its Multiplo® TP/nTP and self-test versions, with results expected in early December 2025.
The company also progressed its AI-integrated MiROQ diagnostic platform for rapid, quantitative testing, aiming for commercialization through a strategic partnership.
MedMira reportó una caída de ingresos y una mayor pérdida en 2025, pero logró aprobaciones regulatorias clave y ensayos clínicos avanzados y diagnósticos de IA.