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Intelligent Bio Solutions Inc INBS

Intelligent Bio Solutions Inc. is a medical technology company focused on developing and delivering intelligent, rapid, non-invasive testing and screening solutions. Its segment includes Commercially available Intelligent Fingerprinting Products and Development Stage Biosensor Platform Technology. Its product portfolio includes Intelligent Fingerprinting Platform that analyzes fingerprint sweat using a one-time cartridge and portable handheld reader, and a two-part system that consists of non-invasive, fingerprint sweat-based diagnostic testing products designed to detect drugs of abuse including opiates, cocaine, methamphetamines, benzodiazepines, cannabis, methadone, and buprenorphine. The Biosensor Platform is designed to detect multiple biological analytes by substituting the top enzyme layer of the biosensor to suit each analyte and to develop a range of Point of Care Tests, including the modalities of clinical chemistry, immunology, tumor markers, allergens, and endocrinology.


NDAQ:INBS - Post by User

Post by averagepennieson Aug 01, 2023 9:48am
61 Views
Post# 35566658

Intelligent Bio Solutions Secures 8 New Customers

Intelligent Bio Solutions Secures 8 New Customers

NEW YORK, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Intelligent Bio Solutions Inc. ("Intelligent Bio Solutions," "INBS" or the "Company") (Nasdaq: INBS), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced it has secured 8 new customers across various locations throughout Australia, which collectively employ over 10,000 individuals, within just two months of launching its Intelligent Fingerprinting Drug Screening System in Australia.

Since the Company’s entry into the Australian market with its Intelligent Fingerprinting Drug Screening System, the dedicated efforts of the sales force have resulted in the addition of 8 new customers across the Mining, Aviation, Construction, Manufacturing, and Agriculture industries. The thriving market expansion in Australia highlights the growing demand for alternative screening solutions across multiple sectors, particularly those in which maintaining workplace safety is critical.

"Our rapidly expanding customer footprint across the region is a testament to our innovative technology and the quality and value of our drug screening solution," said Harry Simeonidis, President and Chief Executive Officer of Intelligent Bio Solutions. "We remain focused on advancing this growth and delivering a convenient and dignified alternative that continues to meet the screening needs of businesses across Australia."

https://www.globenewswire.com/news-release/2023/08/01/2715855/0/en/Intelligent-Bio-Solutions-Secures-8-New-Customers-with-a-Combined-Workforce-of-Over-10-000-Employees-Two-Months-into-Product-Launch-in-Australia.html

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