bioAffinity Technologies Advances New Product Development Initiatives to Accelerate Next Phase of Growth

bioAffinity Technologies, Inc. (Nasdaq: BIAF; BIAFW), a biotechnology company focused on the need for noninvasive, accurate tests for the detection of early-stage lung cancer and other lung diseases, today announced David Elzi, Ph.D., has been named Vice President of Product Development to accelerate the development of new diagnostics based on the proprietary technology platform behind CyPath Lung, the Company’s commercial test for the detection of early-stage lung cancer.

“As commercialization of CyPath Lung continues to meet or exceed our projections, new products that will improve patients’ lives are an essential part of our growth strategy, which is focused on expanding our portfolio of solutions for detecting serious lung health issues at an early stage when treatment can positively impact prognosis,” said bioAffinity Technologies President and CEO Maria Zannes. “Dr. Elzi has led our research team for eight years, helping to bring CyPath Lung to commercialization and now advancing two promising diagnostic products in the development phase.”

Both tests under development will use the Company’s flow cytometry and artificial intelligence platform to analyze patient samples that come from the lung. One test in development analyzes bronchoalveolar lavage (BAL) fluid to identify cancer-predictive cell populations and is intended for use as a companion to bronchoscopy, a more invasive procedure used with patients who have a higher likelihood of lung cancer.

The second test under development analyzes sputum to improve detection of chronic obstructive pulmonary disease (COPD). COPD is an inflammatory lung disease that causes breathing-related problems and irreversible airflow obstruction for an estimated 16 million Americans, according to the Centers for Disease Control.

The research on both BAL and sputum samples for lung cancer and COPD is part of a collaboration between bioAffinity Technologies and the Fort Sam Houston Brooke Army Medical Center (BAMC), the largest military health organization within the Department of Defense (DOD).

BAMC is currently enrolling DOD beneficiaries at high risk for developing lung cancer in a prospective observational study (NCT05870592) to address whether DOD beneficiaries at high risk for lung cancer may have an alternative to annual low dose computed tomography (LDCT) screening and whether CyPath Lung can help predict cancerous lung nodules prior to more invasive procedures such as biopsy. Michael J. Morris, M.D., BAMC pulmonology physician and Assistant Dean of Research at San Antonio Uniformed Services Health Education Consortium (SAUSHEC), is the Principal Investigator for the observational study.