InterSystems and IPA’s Subsidiary BioStrand Collaborate to Unveil the Innovative Integration of Vector Search with LENSai for AI-Driven Healthcare Applications

IPA (IMMUNOPRECISE ANTIBODIES LTD.) (the “Company” or “IPA”) (NASDAQ: IPA), InterSystems, a creative data technology provider dedicated to helping customers solve their most critical scalability, interoperability, and speed challenges, together with ImmunoPrecise Antibodies Ltd. (IPA) (NASDAQ: IPA), an artificial intelligence-driven biotherapeutic research and technology company, are thrilled to announce a landmark collaboration. This collaboration integrates the new vector search capability of the InterSystems IRIS data platform with IPA’s subsidiary BioStrand's LENS^ai platform, setting a new standard for AI-driven applications in healthcare and life sciences.

This collaboration signifies a leap in technological advancement for addressing challenges with increasing volumes of data that the healthcare and life sciences industries are contending with today. With the global AI market projected to grow to over $1.3 Trillion by 2032, the collaboration between InterSystems and IPA highlights both companies' commitment to innovation, excellence, and the development of solutions that not only meet the current needs of the healthcare and life sciences sectors but also anticipate future challenges, with additional client solutions and developments expected as Vector Search and LENS^ai redefine the interaction between data and AI applications in healthcare and life sciences.

“As the latest addition to the InterSystems IRIS data platform, Vector Search has helped to supercharge the identification and creation of novel drug compounds, significantly reducing R&D timelines from development to commercialization” said Scott Gnau, Head of Global Data Platforms at InterSystems. “We look forward to seeing how Vector Search within InterSystems IRIS empowers other developers to build additional AI applications on our platform.”

"By combining InterSystem’s Vector Search with IPA's LENS^ai, we're empowering developers and researchers in the Life Sciences with unparalleled tools for extracting value and insights from complex datasets, driving forward the potential for AI in every application within the healthcare and life sciences sectors," said Dirk Van Hyfte MD, PhD, Co-Founder and Head of Innovation of BioStrand. "We are at the cusp of a new era in AI-driven applications, where the integration of sophisticated data analysis tools like Vector Search with the deep biological insights provided by LENS^ai can lead to breakthroughs in patient care and treatment methodologies."