What's Going On With ImmunoPrecise Antibodies Stock Wednesday?

Immunoprecise Antibodies Ltd. IPA shares are moving higher on Wednesday after the company announced it developed a new class of GLP-1 therapies.

What To Know: The company revealed Wednesday the development of a new class of GLP-1 therapies, which are often used to manage type two diabetes or obesity, using its artificial intelligence (AI) technology, the LENS platform.

The AI-driven platform identifies unique evolutionary patterns in biological data to design and optimize therapeutics. By leveraging these insights, the LENS platform enables faster and more precise drug discovery and development.

“LENS continued breakthroughs underscore the unparalleled power of our HYFT patterns,” said Dr. Jennifer Bath, CEO of ImmunoPrecise Antibodies.

“These patterns, which only IPA possesses, are the key to unlocking unprecedented speed and precision in biologics research. LENS is not just accelerating development — it’s redefining the very process of therapeutic innovation.”

The AI-developed GLP-1 therapies are engineered to enhance effectiveness, extend durability and simplify patient use, with advancements such as reduced dosing frequency and streamlined manufacturing processes. The company is currently evaluating the viability of delivering these GLP-1-like therapies via a transdermal patch rather than injection.

IPA Price Action: Immunoprecise stock closed Wednesday up 30.73% at 64 cents. After-hours trading has it down 8.53% at 59 cents, according to data from Benzinga Pro.

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