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bioAffinity Technologies (Nasdaq: BIAF) highlights CyPath Lung trial performance

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

On July 27, 2026, bioAffinity Technologies, Inc. announced publication of a comprehensive clinical review and white paper by its Chief Medical Officer that presents a practical framework for integrating the CyPath® Lung noninvasive test into pulmonary nodule evaluation and lung cancer surveillance across pulmonology, primary care and oncology settings.

The company notes that in a published clinical trial of high-risk patients CyPath® Lung achieved 92% sensitivity, 87% specificity, 88% accuracy and 99% negative predictive value, and reports 7,783,061 common shares outstanding with an aggregate market value of approximately $5.1 million as of July 24, 2026.

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Filing Explained

The filing states that CyPath® Lung is marketed as a Laboratory Developed Test and is not intended as a sole diagnostic tool; its proposed specialty pathways therefore supplement, rather than replace, clinical assessment and existing guidelines.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Shares Outstanding 7,783,061 shares Common stock outstanding as of July 24, 2026
Aggregate Market Value $5.1 million Aggregate market value of common stock as of July 24, 2026
CyPath Lung Sensitivity 92% Sensitivity in a published clinical trial of high-risk patients
CyPath Lung Specificity 87% Specificity in a published clinical trial of high-risk patients
CyPath Lung Accuracy 88% Overall accuracy in a published clinical trial of high-risk patients
CyPath Lung Negative Predictive Value 99% Negative predictive value in a published clinical trial of high-risk patients
pulmonary nodule medical
"incorporating CyPath® Lung into pulmonary nodule evaluation"
A pulmonary nodule is a small, round or oval spot seen on a lung scan, typically no larger than a cherry, that may be harmless or signal infection, inflammation, or a developing disease. For investors, nodules matter because they can lead to follow-up tests, treatments, or medical products and regulatory decisions that affect the revenue and valuation of healthcare companies tied to diagnostics, imaging, drugs or devices.
lung microenvironment medical
"advances in understanding the lung microenvironment are reshaping"
The lung microenvironment is the local “neighborhood” inside lung tissue made up of cells (like immune and structural cells), signaling molecules, blood vessels, oxygen levels and the physical structure that together influence how cells behave, how infections or tumors grow, and how drugs work. It matters to investors because therapies, diagnostics and clinical trial results often depend on these local conditions, affecting development risk, likely effectiveness, and commercial prospects.
Laboratory Developed Test (LDT) regulatory
"CyPath® Lung is marketed as a Laboratory Developed Test (LDT)"
A laboratory developed test (LDT) is a medical diagnostic test that a single clinical laboratory designs, validates and uses in-house rather than buying from a commercial manufacturer. For investors, LDTs matter because they can drive a lab’s revenue and growth more quickly than mass-market products but also carry unique risks around accuracy, reimbursement and changing regulatory rules — think of a local bakery’s custom recipe versus a factory-made packaged product.
negative predictive value (NPV) medical
"demonstrated 92% sensitivity, 87% specificity, 88% accuracy and 99% negative predictive value"
flow cytometry technical
"CyPath® Lung uses advanced flow cytometry and proprietary artificial intelligence"
A laboratory method that uses lasers and sensors to count and analyze individual cells or tiny particles as they flow past a detector, like a high‑speed supermarket scanner that reads barcodes on each item. Investors care because flow cytometry is widely used in drug development, diagnostics and manufacturing quality control; demand for the instruments, reagents and services can signal progress in clinical programs, recurring revenue streams and adoption of new therapies or tests.

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FAQ

What did bioAffinity Technologies (BIAF) report on July 27, 2026?

On July 27, 2026, bioAffinity Technologies (BIAF) reported that its Chief Medical Officer published a comprehensive clinical review and white paper outlining a framework for integrating the CyPath® Lung test into pulmonary nodule evaluation and lung cancer surveillance across pulmonology, primary care and oncology practices.

What is CyPath Lung and how does it work for bioAffinity Technologies (BIAF)?

CyPath® Lung is a noninvasive test that analyzes sputum from the lungs using advanced flow cytometry and proprietary artificial intelligence to identify porphyrin-labeled cancer and cancer-related cells, providing information from the lung microenvironment to support early lung cancer detection in high-risk patients.

What clinical trial performance metrics for CyPath Lung did BIAF highlight?

bioAffinity Technologies highlighted that in a published clinical trial of high-risk patients, CyPath® Lung demonstrated 92% sensitivity, 87% specificity, 88% overall accuracy and 99% negative predictive value for detecting lung cancer in patients with small indeterminate nodules less than 20 millimeters.

How many BIAF shares were outstanding and what was the market value as of July 24, 2026?

As of July 24, 2026, bioAffinity Technologies reported 7,783,061 outstanding shares of common stock, with an aggregate market value of approximately $5.1 million based on the Nasdaq Capital Market closing price of its common stock on that date.

Which clinical settings are addressed in the new CyPath Lung framework from BIAF?

The clinical framework proposes specialty-specific pathways for primary care practices managing incidental pulmonary nodules, pulmonary nodule programs and interventional pulmonology practices evaluating patients for biopsy, and oncology practices conducting surveillance of cancer survivors using CyPath® Lung alongside imaging and clinical assessment.

How does CyPath Lung differ from blood-based diagnostic tests according to BIAF?

bioAffinity Technologies explains that CyPath® Lung analyzes sputum collected directly from the lungs, giving objective, real-time information about the lung microenvironment, including local immune responses and tumor biology, rather than relying on blood-based markers that may not fully reflect localized pulmonary changes.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): July 27, 2026

 

bioAffinity Technologies, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-41463   46-5211056

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification Number)

 

3300 Nacogdoches Road, Suite 216

San Antonio, Texas 78217

(Address of principal executive offices, including zip code)

 

(210) 698-5334

(Registrant’s telephone number, including area code)

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e- 4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Title of each class   Trading Symbols   Name of each exchange on which registered

Common Stock, par value $0.007 per share

 

 

 

BIAF

 

 

The Nasdaq Stock Market LLC

(Nasdaq Capital Market)

         
Warrants to purchase Common Stock   BIAFW  

The Nasdaq Stock Market LLC

(Nasdaq Capital Market)

 

Indicate by check mark whether the registrant is an emerging growth company as defined in in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 8.01. Other Events.

 

On July 27, 2026, bioAffinity Technologies, Inc., a Delaware corporation (the “Company”), issued a press release announcing the publication of a comprehensive clinical review and white paper authored by the Company’s Chief Medical Officer, Gordon H. Downie, MD, PhD, that presents a practical clinical framework for incorporating CyPath® Lung into pulmonary nodule evaluation and cancer surveillance.

 

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

As of July 24, 2026, there were 7,783,061 outstanding shares of the Company’s common stock and the aggregate market value of the Company’s common stock was approximately $5.1 million based on the closing price of a share of the Company’s common stock on that date, as reported by the Nasdaq Capital Market.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit
Number
  Description
99.1   Press Release issued by bioAffinity Technologies, Inc., dated July 27, 2026
104   Cover Page Interactive Data File (embedded within the XBRL document)

 

-2-

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: July 27, 2026 BIOAFFINITY TECHNOLOGIES, INC.
   
   
  By: /s/ Maria Zannes
  Name: Maria Zannes
  Title: President and Chief Executive Officer

 

-3-

 

 

Exhibit 99.1

 

 

 

bioAffinity Technologies Publishes New Clinical Framework Addressing Growing Market for Pulmonary Nodule Risk Stratification and Early Lung Cancer Detection Using CyPath® Lung

 

Comprehensive clinical review outlines specialty-specific approaches for integrating the test’s lung microenvironment analysis into diagnostic pathway

 

Framework includes protocols for pulmonology, primary care and oncology practices for detection of lung cancer and surveillance of survivors

 

SAN ANTONIO, TX – July 27, 2026 – bioAffinity Technologies, Inc. (Nasdaq: BIAF; BIAFW), a biotechnology company focused on noninvasive diagnostics and early cancer detection, today announced the publication of a comprehensive clinical review and white paper authored by Chief Medical Officer Gordon H. Downie, MD, PhD, that presents a practical clinical framework for incorporating CyPath® Lung into pulmonary nodule evaluation and cancer surveillance.

 

Titled “Lung Nodules, Lung Microenvironment, Predictive Models and Clinician Risk Stratification Using CyPath® Lung Testing for Early Diagnosis of Lung Cancer,” the paper examines the growing clinical challenge of evaluating pulmonary nodules as lung cancer screening expands, incidental findings increase, artificial intelligence identifies even more incidental nodules, and more patients require long-term surveillance following cancer treatment.

 

“Pulmonary medicine is entering a new era in which clinicians are evaluating more pulmonary nodules than ever before, driving a rapidly growing need for better risk stratification,” said Maria Zannes, President and Chief Executive Officer of bioAffinity Technologies. “Dr. Downie’s white paper demonstrates how CyPath® Lung can provide physicians with clinically meaningful information that complements imaging and clinical assessment, helping them make more confident decisions about which patients require invasive procedures and which can be safely monitored.”

 

Drawing on the three years of commercial experience since CyPath® Lung entered the market, the publication discusses how the noninvasive test has demonstrated consistent clinical performance in helping physicians stratify malignancy risk and guide patient management, including clinical case studies illustrating how CyPath® Lung helped clarify challenging cases in which imaging findings and predictive models alone produced uncertain or conflicting assessments.

 

 

 

 

The publication explores how advances in understanding the lung microenvironment are reshaping the evaluation of pulmonary nodules. Unlike blood-based diagnostics, CyPath® Lung analyzes sputum collected directly from the lungs, providing objective, real-time information from the lung microenvironment to help clarify complex or conflicting clinical presentations.

 

The paper also reviews the strengths and limitations of existing predictive models and emphasizes that no single diagnostic tool should be used in isolation. Instead, it proposes specialty-specific clinical pathways that integrate CyPath® Lung into three care settings:

 

Primary care practices managing incidentally discovered pulmonary nodules
Pulmonary nodule programs and interventional pulmonology practices evaluating patients for biopsy
Oncology practices conducting surveillance of cancer survivors

 

“Every patient presents a unique clinical picture,” Dr. Downie said. “The objective is not to replace clinician gestalt or existing guidelines, but to provide an additional data point when clinical findings are uncertain or contradictory. CyPath® Lung’s interrogation of the lung microenvironment gives physicians information that has not previously been available through traditional imaging or blood-based testing.”

 

The white paper highlights the growing recognition that the lung possesses a unique microenvironment distinct from blood, reflecting local immune responses, inflammation, genetic alterations and tumor biology. By evaluating sputum directly from the lungs, CyPath® Lung measures these biologic changes and identifies porphyrin-labeled malignant cells through proprietary flow cytometry and artificial intelligence analysis.

 

The complete white paper is available at https://bit.ly/cypath-lung-whitepaper3

 

About CyPath® Lung

 

CyPath® Lung by bioAffinity Technologies is a noninvasive test designed to improve the early detection of lung cancer in patients at high risk for the disease. CyPath® Lung uses advanced flow cytometry and proprietary artificial intelligence (AI) to identify cell populations in patient sputum that indicate malignancy. CyPath® Lung incorporates a fluorescent porphyrin that is preferentially taken up by cancer and cancer-related cells. In a published clinical trial of high-risk patients, CyPath® Lung demonstrated 92% sensitivity, 87% specificity, 88% accuracy and 99% negative predictive value (NPV) in detecting lung cancer in patients at high risk for the disease who had small indeterminate lung nodules less than 20 millimeters. The high NPV gives physicians greater confidence that a negative result is truly negative, potentially sparing patients from unnecessary invasive and costly procedures. CyPath® Lung is marketed as a Laboratory Developed Test (LDT) and is not intended for use as a sole diagnostic tool and should be considered alongside other clinical findings.

 

 

 

 

About bioAffinity Technologies, Inc.

 

bioAffinity Technologies, Inc. addresses the need for noninvasive diagnosis of early-stage cancer and other diseases of the lung and broad-spectrum cancer treatments. The Company’s first product, CyPath® Lung, is a noninvasive test that has shown high sensitivity, specificity and accuracy for the detection of early-stage lung cancer. CyPath® Lung is marketed as a Laboratory Developed Test (LDT) by Precision Pathology Laboratory Services, a subsidiary of bioAffinity Technologies. LDTs are overseen under the Clinical Laboratory Improvement Amendments (CLIA), which are administered by the Centers for Medicare & Medicaid Services. For more information, visit www.bioaffinitytech.com.

 

Forward-Looking Statements

 

Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict, that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to achieve physician adoption of the clinical framework and specialty-specific pathways described in the white paper, the assumption that expansion of lung cancer screening programs and increases in incidental pulmonary nodule findings will result in increased demand for CyPath® Lung, the Company’s ability to expand its customer base across pulmonology, primary care and oncology practices, the risk that competing diagnostic technologies including blood-based tests may achieve greater market acceptance, and other factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made and predictions as to future facts and conditions. While the Company believes these forward-looking statements are reasonable, readers of this press release are cautioned not to place undue reliance on any forward-looking statements. The information in this release is provided only as of the date of this release, and the Company does not undertake any obligation to update any forward-looking statement relating to matters discussed in this press release, except as may be required by applicable securities laws.

 

Contact

 

bioAffinity Technologies

Julie Anne Overton

Director of Communications

investors@bioaffinitytech.com

 

 

 

Filing Exhibits & Attachments

7 documents