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ImmunoPrecise Antibodies Divests Dutch Subsidiary to Focus on AI Innovation
ByAinvest
Friday, Aug 8, 2025 8:37 am ET1min read
ImmunoPrecise Antibodies (IPA) has sold its Netherlands-based subsidiary to AVS Bio for $12 million, focusing on its AI-based SaaS platform, LENSai™, and enhancing its industry positioning. The transaction supports IPA's investment in scientific platforms and data-driven technologies. The overall score from Spark's AI Analyst is Neutral, reflecting strong operational improvements and strategic positioning but weighing down financial performance and cash flows.
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