other material
confidence high
sentiment neutral
materiality 0.50
bioAffinity Technologies partners with Pictor to develop asthma/COPD diagnostics
bioAffinity Technologies, Inc.
- Collaboration integrates bioAffinity's flow cytometry with Pictor's targeted proteomic platform for lung inflammation tests.
- Tests aim to match asthma/COPD patients with personalized treatments; asthma/COPD affect 40M Americans and 650M worldwide.
- Global asthma/COPD therapeutics market projected to exceed $108B in 2026 and $155B by 2030.
- bioAffinity will own IP for tests developed; Pictor retains its platform IP and owns new platform inventions.
- Tests initially offered as Laboratory Developed Tests under CLIA; no financial terms disclosed.