bioAffinity Technologies Adds New Directors to Its Board
New Board Appointments: bioAffinity Technologies has appointed Roberto Rios, CPA, and John J. Oppenheimer, M.D., to its Board of Directors to enhance commercial growth and clinical strategies.
Expertise Contributions: Mr. Rios brings extensive financial leadership experience from various industries, while Dr. Oppenheimer offers significant clinical expertise in asthma and COPD, which will aid in advancing the company's diagnostics and therapeutics.
CyPath® Lung Overview: The company’s product, CyPath® Lung, is a noninvasive test for early-stage lung cancer detection, demonstrating high sensitivity and accuracy in clinical studies.
Board Changes: Gary Rubin has stepped down from the Board for personal reasons, with no disagreements reported, and the company expresses gratitude for his contributions over the past seven years.
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bioAffinity Technologies Sees Rapid Month-Over-Month Increase in CyPath® Lung Test Volume
Sales Growth of CyPath® Lung: bioAffinity Technologies reported a 111% increase in test volume for its noninvasive lung cancer diagnostic test, CyPath® Lung, in October 2025 compared to the monthly average for the first nine months of the year, indicating strong adoption by physicians.
Clinical Value Recognition: The increase in test volume reflects growing recognition among clinicians of the test's clinical value in early lung cancer detection, particularly for patients with indeterminate pulmonary nodules.
Consistent Growth Trends: Throughout 2025, CyPath® Lung has shown consistent month-over-month and quarter-over-quarter sales growth, with a 95% increase in third-quarter sales compared to the previous quarter.
Technology and Accuracy: CyPath® Lung utilizes advanced flow cytometry and AI for detecting malignancy in sputum samples, achieving 92% sensitivity and 88% accuracy in clinical studies, which underscores its potential to improve early-stage lung cancer diagnosis and patient outcomes.
bioAffinity Technologies, Inc. Completes $1.8 Million Registered Direct Offering of Common Stock at Market Price in Accordance with Nasdaq Regulations
Stock Offering Announcement: bioAffinity Technologies, Inc. has completed a registered direct offering of 720,000 shares of common stock at $2.50 per share, with proceeds intended for working capital and to support sales growth of its noninvasive lung cancer test, CyPath® Lung.
Company Overview: bioAffinity Technologies focuses on noninvasive cancer diagnostics, with its primary product, CyPath® Lung, demonstrating high sensitivity and accuracy for early-stage lung cancer detection, marketed through its subsidiary, Precision Pathology Laboratory Services.