Welcome to our dedicated page for bioAffinity Tech news (Ticker: BIAF), a resource for investors and traders seeking the latest updates and insights on bioAffinity Tech stock.
Stay informed about BioAffinity Technologies Inc (NASDAQ: BIAF) with real-time news coverage tracking the company's progress in cancer diagnostics and therapeutics development. This news feed aggregates press releases, regulatory announcements, clinical data updates, and market developments affecting the biotechnology company's operations and growth trajectory.
BioAffinity Technologies focuses on non-invasive cancer detection through its CyPath Lung diagnostic test and is advancing therapeutic candidates targeting multiple cancer types. News coverage includes commercial expansion updates as the company scales its diagnostic testing operations and expands into new geographic markets. Investors can track testing volume growth, operational efficiency improvements, and revenue performance as the company builds its commercial footprint in the lung cancer screening market.
Patent announcements represent important developments in BioAffinity Technologies' intellectual property strategy. The news feed covers new patent grants and application acceptances across global jurisdictions, including the United States, China, Japan, Australia, Canada, and Europe. These intellectual property developments strengthen the company's competitive position and may expand potential applications of its porphyrin-based platform technology.
Clinical validation studies, case reports, and real-world evidence publications provide insights into CyPath Lung's performance and clinical utility. News about validation studies, peer-reviewed publications, and clinical case studies demonstrates the test's diagnostic accuracy and potential impact on patient management. Developments in the company's therapeutic pipeline, including preclinical research progress and development milestones, indicate advancement toward potential cancer treatment products.
Partnership announcements, regulatory developments, and reimbursement decisions can significantly impact BioAffinity Technologies' business prospects. The news feed tracks collaborations with healthcare systems, inclusion in diagnostic pathways, and payer coverage decisions that affect market access. Financial results, capital raises, and strategic initiatives provide visibility into the company's resource allocation and business execution.
Market access developments including federal procurement approvals and laboratory certifications affect the company's ability to serve different customer segments. Operational announcements about laboratory capacity expansion, process improvements, and cost reduction initiatives demonstrate progress in scaling the business. Coverage of industry trends in lung cancer screening, AI-enabled diagnostics, and early detection technologies provides context for understanding BioAffinity Technologies' market position and competitive dynamics.
bioAffinity Technologies (NASDAQ: BIAF) has strengthened its Board of Directors with two strategic appointments. The company named Roberto Rios, CPA, a veteran financial executive with over 40 years of experience in biotechnology and medical devices, and Dr. John J. Oppenheimer, a distinguished clinical researcher and expert in asthma and COPD treatment.
Dr. Oppenheimer brings extensive clinical expertise with over 180 clinical studies and 260 publications, while Rios contributes significant financial leadership experience from companies including ILEX Oncology and BioMedical Enterprises. These appointments align with bioAffinity's focus on expanding CyPath® Lung sales and developing companion diagnostics for the $26 billion asthma therapeutics market. The company also announced Gary Rubin's departure from the Board for personal reasons.
bioAffinity Technologies (NASDAQ: BIAF) has completed two significant financial transactions totaling approximately $1.2 million in gross proceeds. The company closed a private placement involving 990 shares of Series B Convertible Preferred Stock and warrants to purchase about 6.7 million common stock shares.
Additionally, the company executed a warrant inducement transaction where an existing investor exercised warrants for 1.1 million shares at a reduced exercise price of $0.23 per share (down from $1.50), generating approximately $253,000 in gross proceeds. The investor received new unregistered warrants to purchase 1.4 million shares at $0.352 per share, exercisable upon stockholder approval with a five-year expiration term.
bioAffinity Technologies (NASDAQ: BIAF) reported Q2 2025 financial results, highlighting 62% year-over-year growth in CyPath® Lung test revenues for H1 2025. The company recorded total revenue of $1.3M, down from $2.4M in Q2 2024 due to discontinuation of unprofitable pathology services. Operating expenses decreased 16% to $3.8M, while net loss increased to $4.1M ($0.17 per share).
Notable achievements include a 72% increase in CyPath® Lung tests in July compared to H1 2025 monthly average, price increase to $2,900 per test, and successful completion of a $3.25M public offering. The company strengthened its position through new partnerships, patent grants in multiple countries, and the appointment of Dr. Gordon Downie as CMO.
bioAffinity Technologies (NASDAQ: BIAF), a biotechnology company focused on early-stage cancer detection, has secured approximately $1.2 million in gross proceeds through a private placement and warrant inducement transaction. The company is selling 990 shares of Series B Convertible Preferred Stock at $1,000 per share, convertible into approximately 4.3 million common shares at $0.23 per share.
The deal includes warrants to purchase about 6.7 million common shares at $0.352 per share. Additionally, an existing investor agreed to exercise warrants for 1.1 million shares at reduced prices, providing $253,000 in immediate proceeds. The transaction, managed by WallachBeth Capital, is expected to close around August 14, 2025. Proceeds will support working capital and general corporate purposes.
bioAffinity Technologies (NASDAQ: BIAF) has announced a private placement and warrant inducement transaction expected to generate approximately $1.2 million in gross proceeds. The company is selling 990 shares of Series B Convertible Preferred Stock at $1,000 per share, convertible into approximately 4.3 million common shares at $0.23 per share.
The transaction includes warrants to purchase about 6.7 million common shares at $0.352 per share. Additionally, an existing investor will exercise warrants for 1.1 million shares at reduced prices, generating $253,000 in proceeds. The closing is expected around August 14, 2025, with proceeds intended for working capital and general corporate purposes.
bioAffinity Technologies (NASDAQ: BIAF) reported significant growth in sales of its CyPath® Lung cancer diagnostic test. July test volume showed a 72% increase over the previous monthly average for H1 2025, marking consecutive record-breaking months in June and July.
The company reaffirmed its forecast of 3X year-over-year revenue growth for CyPath® Lung. The growth is attributed to increasing physician adoption and successful case studies showing the test's ability to detect Stage 1A lung cancer in cases where standard imaging and other tests indicated benign conditions.
bioAffinity is expanding beyond its successful Texas pilot program into the Mid-Atlantic region and Veterans Administration healthcare system. The company's Texas program, reaching approximately 6% of U.S. pulmonologists, has validated their marketing approach.
bioAffinity Technologies (NASDAQ: BIAF) has reported a significant case study demonstrating the effectiveness of its CyPath® Lung diagnostic test in detecting early-stage lung cancer. The test successfully identified Stage 1A pulmonary mucinous adenocarcinoma in a 62-year-old high-risk patient when other diagnostic methods showed low cancer probability.
The patient's traditional diagnostic results, including PET scan and blood-based risk test, indicated only an 11% malignancy risk. However, CyPath® Lung's test result of 0.56 classified the case as "likely malignancy," leading to successful surgical intervention through wedge resection in June 2025.
This case highlights CyPath® Lung's capability to detect rare cancer types that are often missed by standard imaging, potentially enabling life-saving early interventions.
bioAffinity Technologies (NASDAQ: BIAF) has released a case study demonstrating the effectiveness of their CyPath® Lung diagnostic test in detecting early-stage lung cancer. The test successfully identified a Stage 1A neuroendocrine tumor in an 80-year-old former smoker after other diagnostic methods, including PET scan and bronchoscopies, failed to detect malignancy.
The CyPath® Lung test returned a high score of 0.72, indicating cancer likelihood, which led to a robotic wedge resection that confirmed the presence of the tumor. This case highlights the test's potential as a valuable complement to traditional diagnostic tools, particularly for difficult-to-detect cancers in patients with indeterminate pulmonary nodules.
bioAffinity Technologies (NASDAQ: BIAF) has secured a new patent in Canada for its CyPath® Lung cancer diagnostic technology. The patent (No. 3,136,245) protects the company's method of detecting lung disease through flow cytometry analysis of sputum using defined antibodies and porphyrin TCPP.
CyPath® Lung, the company's commercially available test, has demonstrated impressive clinical results with 92% sensitivity, 87% specificity, and 88% accuracy in detecting lung cancer in high-risk patients with small lung nodules under 20 millimeters. The Canadian market represents a significant opportunity, as lung cancer is the leading cause of cancer death in Canada, with 31,000 diagnoses and 20,700 deaths reported in 2024.
bioAffinity Technologies (NASDAQ: BIAF) has received patent allowance from China's National Intellectual Property Administration for its lung cancer diagnostic method using flow cytometry. The patent, titled "System and Method for Determining Lung Health," protects the company's technology using specific antibodies and porphyrin TCPP to detect lung cancer cells in sputum.
China represents a significant market opportunity with over 300 million smokers and an estimated 1.06 million new lung cancer cases in 2022. The company's CyPath® Lung test has demonstrated impressive clinical results, including 92% sensitivity, 87% specificity, and 88% accuracy in detecting lung cancer in high-risk patients with small lung nodules.
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