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Bio Green Med Solution shifts focus to fire safety, reports $3M net loss in 2025 with new acquisition boosting revenue.

Company Fundamentals
30 Mar 2026
GlobeNewsWire
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Bullish
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Bio Green Med Solution, formerly a biopharmaceutical company, reported a $3 million net loss for 2025 but shifted its business focus to fire safety protection after acquiring Fitters Sdn. Bhd. in September 2025. The acquisition generated $0.7 million in product revenue from fire safety equipment sales in Q4 and full year 2025. The company also sold its drug candidate Plogosertib and liquidated its UK subsidiary, strengthening its balance sheet. BGMS plans to continue growth in fire safety and related distribution activities, with cash reserves expected to fund operations into Q3 2026.

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