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MindWalk (Nasdaq: HYFT) appointed Thomas W. Lynch, Ph.D., as Chief Business Officer effective October 20, 2025 to accelerate commercial expansion of its HYFT-powered Deep Data platform.
Dr. Lynch brings over two decades of biotech and software commercialization experience, including roles at Aldevron and DNASTAR. He led commercial teams tied to Aldevron initiatives that contributed to its $9.6B acquisition by Danaher in 2021. MindWalk said the hire supports scaling global teams and forging strategic partnerships to broaden adoption in pharma and biotech markets.
MindWalk (NASDAQ: HYFT) announced a Board‑authorized share repurchase program to buy up to 2.3 million common shares between October 15, 2025 and October 15, 2026. The authorization equals approximately 5% of the 46,154,188 shares currently outstanding. Purchases may occur on the open market or by other legally permissible means at prevailing market prices, subject to U.S. and Canadian securities rules. The company expects to fund the Program from existing cash, short‑term investments, future cash flows, or financing activities. The Program is discretionary and does not obligate any repurchases; the Board may suspend or change its terms at any time.
MindWalk Holdings (NASDAQ:HYFT) has announced a significant advancement in its AI-designed GLP-1 therapeutics program, unveiling a novel dual-pathway regimen for aging and longevity applications. The company's LensAI™ platform has identified a previously unknown connection between GLP-1 biology and a second pathway crucial for healthy aging.
The breakthrough involves a first-in-class treatment approach combining MindWalk's proprietary companion therapeutic with its GLP-1 receptor agonists (GLP-1RAs). This development targets the longevity therapeutics market, projected to reach $60 billion by 2030. Earlier this year, the company's AI-designed GLP-1 peptides demonstrated performance matching or exceeding semaglutide in receptor activation assays.
MindWalk Holdings Corp. (NASDAQ: HYFT), formerly ImmunoPrecise Antibodies, reported strong financial results for Q1 FY2026. The Bio-Native AI company achieved record revenue of $7.6 million, representing a 45% year-over-year growth, with continuing operations contributing $3.2 million.
Key financial metrics showed significant improvement with gross margin expanding to 53% and net loss narrowing to $3.0 million from $4.0 million last year. The company's cash position stands at $5.0 million, supplemented by $16.1 million in net proceeds from the Netherlands operations divestiture.
Strategic developments include the company's rebranding to MindWalk, advancement of their dengue vaccine program into preclinical manufacturing, and expanded validation of their LensAI platform for biologics development risk assessment.
MindWalk (NASDAQ: HYFT), a bio-native AI company focused on TechBio and drug discovery, will release its Q1 FY2026 financial results on September 15, 2025. The company will host a conference call and webcast at 10:30 AM ET to discuss quarterly results and business highlights.
The earnings call will include a management presentation followed by a Q&A session. Participants can join via phone using various dial-in numbers (US/International: +1-646-307-1963, Toll-free: 800-715-9871) with Conference ID 3224490, or through the webcast link available on the company's IR website.
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