BIZ reports Q2 2026 profit surge of 87.75%, rolls out BIZGENES to tap longevity market

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Business Alignment Public Company Limited, or BIZ, reported second-quarter 2026 net profit of 85.18 million baht, up 87.75% from 45.37 million baht in the same period last year. Total revenue came in at 542.57 million baht, a 29.51% increase from 418.94 million baht a year earlier. For the second half of the year, the company expects the positive momentum to continue, with planned deliveries of cancer radiotherapy machines and medical equipment, revenue recognition from its backlog, participation in new bidding, and negotiations with business partners for future projects. In addition, the company is pressing ahead with the expansion of BIZGENES, a personal DNA analysis platform, to capture the trend toward preventive and personalised healthcare. It is ramping up marketing activities and broadening service access channels across hospitals, clinics, medical professionals, and general consumers. The company is confident that its 2026 performance will grow as targeted, supported by backlog deliveries and steadily rising after-sales maintenance service revenue.

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Kaipu Biotech's wholly owned subsidiary obtains registration certificate for vaginal microbial nucleic acid detection kit

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Natera Wins FDA Breakthrough Device Designation for Multi-Cancer Blood Test

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NTRA · Regulation · Positive FDA granted Breakthrough Device designation to Natera's multi-cancer early detection blood test, a regulatory milestone for its diagnostics pipeline.
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KingMed Diagnostics Co-releases DeepGEM 2.0, a Multimodal AI Model for Lung Cancer Pathology Genomics

On October 10, the AI-Empowered Precision Diagnosis and Treatment of Lung Cancer Summit Forum and the launch ceremony for the National Respiratory Medicine Center's Lung Cancer Precision Diagnosis and Treatment Standardization Project, hosted by the National Respiratory Medicine Center of the First Affiliated Hospital of Guangzhou Medical University and the Guangdong Provincial Chest Disease Society, and organized by KingMed Diagnostics, was held in Guangzhou. At the event, DeepGEM 2.0, a multimodal AI model for lung cancer pathology genomics jointly developed by the First Affiliated Hospital of Guangzhou Medical University and KingMed Diagnostics, was officially released. A multicenter research project involving 50 medical institutions nationwide was also launched, marking the model's formal entry into large-scale clinical validation. According to Dr. Liu Si, head of KingMed Diagnostics' artificial intelligence division, DeepGEM 2.0 analyzes routine digital pathology slide images without requiring additional sampling and can deliver results in as little as one minute. Building on the original six genes—EGFR, KRAS, ALK, ROS1, TP53, and LRP1B—it adds BRAF, ERBB2, FGFR, MET, NTRK, and RET, bringing the total to 12 genes and achieving full coverage of genes corresponding to approved targeted therapies for lung cancer in China. The model will subsequently be deployed in a lightweight form at more than 500 medical institutions. Using an approach of AI-based initial screening combined with targeted validation of specific genes, it is expected to reduce the cost of lung cancer genetic testing to the range of several hundred yuan. Zhong Nanshan, an academician of the Chinese Academy of Engineering and director of the Guangzhou National Laboratory, said that in the new AI era, scientific research must aim high while serving the people. In 2025, the First Affiliated Hospital of Guangzhou Medical University, together with KingMed Diagnostics and Tencent, released DeepGEM, a multimodal pathology genomics model capable of identifying genes from images. After nearly a year of multicenter data validation and clinical refinement, and iterative optimization using nearly 8,000 digital pathology slides from 31 provinces across China provided by KingMed Diagnostics, it has been upgraded to version 2.0. Liang Yaoming, chairman and CEO of KingMed Diagnostics, said that AI pathology technology brings new opportunities to narrow regional disparities in diagnosis and treatment and to reduce costs while improving efficiency. KingMed Diagnostics will leverage the network advantages of its nationwide intelligent medical diagnostic service platform to bring innovative pathology AI technology to primary-level healthcare.
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603882.CG · Technology · Positive KingMed co-released DeepGEM 2.0, a multimodal AI model for lung cancer pathology genomics, expanding to 12 genes and entering large-scale clinical validation.
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Pharmaron's Overseas Employee Shareholding Platform Plans to Transfer 1% Stake via Inquiry

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300759.CS · Capital · Negative Overseas employee shareholding platform plans to transfer 1% stake via inquiry due to its own capital needs, signaling potential selling pressure.
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UBS Cuts PolyPeptide Group to Neutral After Samsung Biologics Tender Offer

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PPGN.SW · Capital · Neutral UBS downgraded PolyPeptide to neutral after Samsung Biologics' tender offer, with shares near the offer price and fair value seen 12% overvalued
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bioAffinity Technologies Closes $4 Million Registered Direct Financing

WallachBeth Capital announced that bioAffinity Technologies has closed a registered direct offering of common stock to an institutional investor at $6.122 per share, or $6.115 per pre-funded warrant, priced at-the-market under Nasdaq rules. The gross proceeds to the company were approximately $4 million before deducting placement agent fees and other offering expenses. In a concurrent private placement, bioAffinity also closed warrants to purchase up to an aggregate 980,072 shares of common stock at an exercise price of $6.122 per share, with the pre-funded warrants carrying an exercise price of $0.007 per share; both sets of warrants become exercisable following stockholder approval and expire five years from that approval. WallachBeth Capital acted as sole placement agent for the offering. bioAffinity, a biotechnology company developing noninvasive healthcare solutions for the early detection and monitoring of lung disease, intends to use the net proceeds for working capital, to support expected growing sales for CyPath Lung, its noninvasive test for lung cancer, and general corporate purposes.
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BIAF · Capital · Positive bioAffinity closed a $4M registered direct financing, providing working capital to support CyPath Lung sales growth.
WallachBeth Capital · Capital · Positive WallachBeth Capital acted as sole placement agent for bioAffinity's $4M registered direct offering.
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