24/7 Market News Snapshot 15 July, 2025 – bioAffinity Technologies, Inc. Common Stock (NASDAQ:BIAF)
DENVER, Colo., 15 July, 2025 (www.247marketnews.com) – (NASDAQ:BIAF) are discussed in this article.
bioAffinity Technologies, Inc. (BIAF) is currently trading at $0.296, marking a 3.21% decrease from its opening price of $0.343. The stock’s decline follows a previous session closing price of $0.287, indicating a potential bearish trend. With a trading volume of 14.83 million shares, there appears to be heightened market activity, which may suggest investor interest or volatility in the stock’s performance. Analysts are closely monitoring the resistance level around $0.343 and the support level near $0.287 for any signals of reversal or continued decline.
In conjunction with this market activity, bioAffinity Technologies has announced a significant milestone in its mission to enhance early-stage lung cancer diagnostics. The company recently received notification of patent allowance from the China National Intellectual Property Administration (CNIPA) for innovative methods that leverage advanced flow cytometry techniques to predict lung cancer risk.
Maria Zannes, President and CEO of bioAffinity Technologies, emphasized the importance of this development: “As lung cancer continues to be a pressing health issue worldwide, particularly in China, securing this intellectual property not only enhances our competitive position but also opens doors to a crucial market that remains largely underserved.” This patent safeguards methods that utilize specific antibodies and the porphyrin TCPP to accurately identify cancer cell populations in sputum samples, directly supporting the company’s flagship product, CyPath® Lung.
CyPath® Lung has shown promising clinical outcomes, with a high sensitivity of 92%, specificity of 87%, and an accuracy of 88% in high-risk patients with small lung nodules. With China’s smoking population exceeding 300 million and approximately 1.06 million new lung cancer cases diagnosed annually, the need for effective early-stage diagnostics is critical. The patent further strengthens bioAffinity’s international portfolio, positioning the company as a leader in innovative diagnostic solutions while underscoring its commitment to developing technologies that address the global lung cancer crisis.
Related news for (BIAF)
- bioAffinity Technologies Announces Notification of China Patent Award for Company’s Noninvasive Lung Cancer Diagnostic
- 24/7 Market News Snapshot 26 June, 2025 – bioAffinity Technologies, Inc. Common Stock (NASDAQ:BIAF)
- bioAffinity Technologies Scientists Present Breakthrough Cancer Research at RNA Therapeutics Conference
- Breaking News: MoBot’s Latest Update as of 05/28/25 04:00 PM