Precipio Presents Findings from 895-Patient BCR::ABL1 Assay Study at ASH
- Study Findings Presentation: Precipio will present findings from a joint study with Memorial Sloan Kettering at the ASH meeting, involving 895 patient samples, demonstrating superior performance of the BCR::ABL1 assay, which enhances patient care and optimizes laboratory workflows.
- Significant Clinical Impact: The study shows that the BCR::ABL1 assay exhibits high concordance with two leading platforms, not only improving diagnostic accuracy but also potentially reducing cancer misdiagnosis rates, thereby enhancing treatment outcomes for patients.
- Industry Recognition: The poster presentation and results discussion scheduled for December 8 will further elevate Precipio's standing in the cancer diagnostics field, attracting increased attention and investment.
- Innovation-Driven Growth: Precipio's commitment to developing more efficient diagnostic products to address cancer misdiagnosis is reinforced by these study results, which will drive the company's expansion in the global laboratory market and strengthen its competitive edge.
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- New Drug Launch: AbbVie has successfully launched two new immunology drugs, Skyrizi and Rinvoq, which are expected to support revenue growth in the coming years following Humira's loss of exclusivity.
- Market Performance: AbbVie’s stock has risen 31.6% over the past year, significantly outperforming the 19.5% growth of the large-cap pharmaceuticals industry, indicating strong competitive positioning.
- Acquisition Strategy: The company has engaged in a series of acquisitions over the past few years to bolster its early-stage pipeline, aiming for long-term growth despite challenges from Humira's patent expiration.
- Diversified Product Line: AbbVie's oncology and neuroscience drugs are also contributing to revenue growth, further solidifying its position in the pharmaceutical industry.
- Study Findings Presentation: Precipio will present findings from a joint study with Memorial Sloan Kettering at the ASH meeting, involving 895 patient samples, demonstrating superior performance of the BCR::ABL1 assay, which enhances patient care and optimizes laboratory workflows.
- Significant Clinical Impact: The study shows that the BCR::ABL1 assay exhibits high concordance with two leading platforms, not only improving diagnostic accuracy but also potentially reducing cancer misdiagnosis rates, thereby enhancing treatment outcomes for patients.
- Industry Recognition: The poster presentation and results discussion scheduled for December 8 will further elevate Precipio's standing in the cancer diagnostics field, attracting increased attention and investment.
- Innovation-Driven Growth: Precipio's commitment to developing more efficient diagnostic products to address cancer misdiagnosis is reinforced by these study results, which will drive the company's expansion in the global laboratory market and strengthen its competitive edge.
- Incident Overview: Precipio recently identified unauthorized access to a specific data folder within its secure cloud environment, but the incident was limited to the file storage server and did not impact the company's operations, diagnostics processes, or customer services.
- Response Measures: The company immediately initiated its incident response procedures and engaged an external cybersecurity law firm and forensic specialists to assist in the investigation, ensuring system security while resetting passwords company-wide and enhancing monitoring, with no evidence of continued unauthorized access currently found.
- Data Security: Initial investigations indicate that the unauthorized third party accessed and downloaded files primarily containing historical operational procedures, temperature logs, and vendor invoices, which pose no risk or damage to the company, and did not include any patient Social Security numbers or financial information.
- Financial Impact: Precipio maintains a comprehensive cybersecurity insurance policy and expects that costs associated with the investigation and response efforts will be covered according to policy terms, with no anticipated material impact on operations, customers, patient care, or shareholders as a result of this incident.
Corporate Update Call: Precipio, Inc. will host its Q3-2025 corporate update call on November 17, 2025, at 5:00 PM ET, providing updates on its core businesses and allowing for pre-submitted questions from listeners.
Company Overview: Precipio is a healthcare biotechnology company focused on improving cancer diagnostics to reduce misdiagnoses, enhance laboratory workflow, and improve patient outcomes through innovative diagnostic products and services.
Information Access: Investors and the public can access more information about Precipio through its website and social media platforms, where the company shares disclosures, presentations, and other material information.
Forward-Looking Statements: The press release includes forward-looking statements regarding the company's future performance, which are subject to risks and uncertainties, and should not be relied upon as guarantees of future results.

Zacks Analyst Blog Highlights: The Zacks Equity Research team featured stocks including HSBC Holdings, American Express, TotalEnergies, Armanino Foods, and Precipio, providing insights into their performance and market strategies.
HSBC Performance and Challenges: HSBC's shares have outperformed the foreign banking industry, but restructuring efforts and subdued loan demand may temporarily impact revenue growth despite a strong capital position.
American Express Growth Factors: American Express has seen revenue growth driven by new products and travel spending, but rising expenses and loan loss provisions pose risks to its profitability.
Micro-Cap Stocks Insights: Armanino Foods and Precipio have shown significant year-to-date gains, with Armanino focusing on cost control and expansion, while Precipio is experiencing strong revenue growth but faces liquidity challenges.
Zacks Research Daily Highlights: The report features research on 16 major stocks, including HSBC, American Express, and TotalEnergies, along with two micro-cap stocks, Armanino Foods and Precipio, showcasing unique insights into smaller companies.
HSBC's Performance and Challenges: HSBC has outperformed its industry due to restructuring efforts aimed at long-term growth, but faces near-term revenue concerns and rising expenses that may impact profitability.
American Express Growth Factors: American Express is benefiting from strong revenue growth driven by new products and increased spending in travel, although rising expenses and loan loss provisions pose risks to its margins.
Micro-Cap Stock Insights: Armanino Foods shows strong performance with disciplined cost control and a significant buyback program, while Precipio has achieved notable growth but faces liquidity challenges and execution risks.










