Company Description
ImmunoPrecise Antibodies Ltd. (NASDAQ: IPA) has historically operated in the pharmaceutical preparation manufacturing space as a biotherapeutics and life sciences company. According to company disclosures, it focuses on biologics and drug discovery, combining scientific expertise with proprietary technologies. The company and its subsidiaries have described themselves as a bio-native AI organization operating where TechBio and next-generation drug discovery intersect, reflecting a blend of computational platforms and wet-lab capabilities.
ImmunoPrecise has reported that its work spans biologics discovery, engineering, and characterization. Public information notes that its operations have included subsidiaries such as Talem Therapeutics LLC, BioStrand BV, ImmunoPrecise Antibodies (Canada) Ltd., and ImmunoPrecise Antibodies (Europe) B.V., collectively referred to as the "IPA Family." These entities have supported partners in advancing novel therapeutics, diagnostics, vaccines, and translational research projects.
A central element of the company’s positioning has been its LENSai™ platform, powered by patented HYFT® multi-omics technology. Company materials state that LENSai is used to unify and interpret complex biological data across sequence, structure, function, and scientific literature. This framework is described as enabling epitope mapping, de novo molecular design, in silico vaccine exploration, population-scale biologics analytics, and immunogenicity screening. In various communications, IPA has highlighted the use of this platform to identify conserved epitopes for infectious disease targets and to support AI-designed peptide and antibody candidates.
ImmunoPrecise has also characterized itself as an AI-driven biotherapeutic research and technology company that discovers and develops customized and novel antibodies using proprietary and patented processes and approaches to antibody discovery, development, and production. Over time, its strategy has emphasized a shift toward a bio-native AI drug discovery model, with a growing contribution from its BioStrand segment and a focus on AI-based product development using the LENSai platform.
In August 2025, the company announced the divestiture of its Netherlands-based subsidiary, ImmunoPrecise Antibodies (Europe) B.V., to AVS Bio. In related disclosures, IPA described this as part of a strategic refinement intended to streamline its operational footprint, strengthen its balance sheet, and concentrate resources on scientific platforms and data-driven discovery technologies. The sale was accompanied by a transition services agreement to support continuity during the change in ownership of the European operations.
Subsequent communications describe a broader evolution of the business. In September 2025, ImmunoPrecise Antibodies Ltd. announced a unification of ImmunoPrecise and its subsidiaries BioStrand and Talem under a single corporate brand, MindWalk, and a change of its Nasdaq ticker symbol from IPA to HYFT. The company stated that this new identity reflects its development into a Bio-Native AI platform business built at the intersection of AI, multi-omics data, and advanced laboratory research. The brand change is described as both a naming and business transformation, with a transition from standalone wet-lab services toward an integrated, scalable platform model.
Under the MindWalk name, the company has described its LensAI™ (also written LENSai™ in some materials) platform, powered by HYFT® technology, as unifying sequence, structure, function, and literature into a single computational language and closing the loop with an integrated, full-stack wet lab. This platform is presented as supporting rapid epitope mapping, in silico vaccine exploration, de novo molecular design, population-scale biologics analytics, and immunogenicity risk assessment for therapeutic proteins.
For investors and researchers reviewing the historical IPA ticker, it is important to recognize that ImmunoPrecise Antibodies Ltd. has communicated a transition in brand and ticker to MindWalk and HYFT, respectively. Public filings and press releases indicate that this change is associated with a reorientation toward an AI-native discovery and platform business model, while retaining a focus on biologics, drug discovery, and related pharmaceutical preparation activities.
Business focus and technology
Based on company statements, the core of ImmunoPrecise’s and later MindWalk’s business centers on applying AI and multi-omics analysis to biologics discovery and development. The HYFT-powered LENSai platform is described as enabling large-scale reasoning across biological sequences, structures, functional data, and scientific literature. The company has reported applications in drug discovery, diagnostics, vaccine design, molecular systems biology, and immunogenicity screening.
In addition to platform development, IPA has described internal and partnered programs, including work on a potential universal dengue vaccine candidate identified using its LENSai/HYFT technology, and AI-designed GLP-1 peptides evaluated in receptor activation studies. These examples are presented by the company as demonstrations of how its AI-native platform can be used to generate and refine biologic candidates.
Corporate evolution and ticker change
ImmunoPrecise Antibodies Ltd. has publicly announced a corporate evolution in which ImmunoPrecise and its subsidiaries BioStrand and Talem are unified under the MindWalk brand, with MindWalk Holdings Corp. identified in subsequent SEC filings. The company has also disclosed a change of its Nasdaq ticker symbol from IPA to HYFT to align with the role of HYFT® technology in its AI stack. For users researching the IPA symbol, this context is relevant, as more recent information about the business may appear under the MindWalk name and HYFT ticker.