- CEO
- Sing Ee Wong
- Full Time Employees
- 12
- Sector
- Healthcare
- Industry
- Medical - Pharmaceuticals
- Address
- Level 10 Kuala Lumpur United States of America 592000
- IPO Date
- Sep 12, 2025
- Business
- Bio Green Med Solution, Inc. (Nasdaq: BGMS, BGMSP) operates as a diversified company focused on the distribution, trading, and installation of protective and fire safety materials and equipment; fire protection and prevention systems; and pharmaceutical research and development targeting cancer treatments based on cell cycle, transcriptional regulation, epigenetics, and mitosis control biology. Its core offerings in fire safety include specialized products and services acquired through Fitters Sdn. Bhd., such as fire protection solutions for commercial and industrial applications, while its pharmaceutical segment historically features drug candidates like fadraciclib (a CDK9 inhibitor for solid tumors and hematological malignancies), plogosertib (a PLK1 inhibitor), seliciclib, sapacitabine, and CYC065. The company serves target markets in healthcare, construction, and industrial sectors, with primary geographic operations in Malaysia, the United States, and the United Kingdom.
Founded in 1996 and headquartered in Kuala Lumpur, Malaysia, the company maintains a presence through subsidiaries and maintains Nasdaq listings for its common stock (BGMS) and 6% convertible exchangeable preferred stock (BGMSP); it was formerly known as Cyclacel Pharmaceuticals, Inc., prior to its name change in September 2022.
In recent developments, Bio Green Med Solution closed the acquisition of Fitters Sdn. Bhd., a Malaysia-based fire protection specialist, on September 12, 2025, marking a strategic diversification from biopharmaceuticals into fire safety operations and generating initial product revenue of $81,000 in Q3 2025. The company sold assets related to plogosertib, including patent rights, to Tethra Biosciences Inc. on October 6, 2025, for $300,000 plus a potential $170,000 milestone payment, following the liquidation of its UK subsidiary Cyclacel Limited on January 24, 2025, and a pause in R&D spending. Additional changes include a January 2025 securities purchase agreement for approximately $5.0 million and a shift to focus on fire safety distribution while retaining pharmaceutical capabilities, with cash reserves supporting operations into Q1 2026.