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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 Jan 29, 2024 3:02pm
32 Views
Post# 35851093

Leading UK Timber Processor and Packaging Manufacturer, Jame

Leading UK Timber Processor and Packaging Manufacturer, Jame

Intelligent Fingerprinting to be used for in-house drug testing, enabling full testing control to support new James Jones drug and alcohol testing policy

Portable Intelligent Fingerprinting system easily covers testing needs across all remote locations and allows in-house ownership

NEW YORK, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Intelligent Bio Solutions Inc. (Nasdaq: INBS) (“INBS” or the “Company”), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced that leading UK timber processor and packaging manufacturer, James Jones & Sons Ltd is now using its revolutionary portable Intelligent Fingerprinting Drug Screening System that works by analyzing fingerprint sweat.

James Jones & Sons Ltd will use 11 readers deployed across the company’s 25 UK locations. The company will implement a random testing program for its 1,300 employees to proactively support its new substance misuse policy launched in November 2023.

Rosetta Forbes, Group Head of HR for James Jones & Sons Ltd, said, “James Jones has some 1,300 employees, many of whom operate high-risk machinery such as sawmill cutting equipment, pallet & packaging manufacturing units, and wood harvesting machinery. As an innovative company, we want to push our safety record forward, and Intelligent Fingerprinting will be central to our new substance misuse policy.”

“We are rolling out the Intelligent Fingerprinting Drug Screening System to provide in-house testing that will be available across all our sites, including our remote/rural operations, as required,” added Rosetta Forbes. “The system is a great match for our needs. It is easy for our HR and Health and Safety colleagues who are not medically trained to use. The system is non-invasive, fast, and cost-effective across our urban as well as remote locations, with easy sample collection that takes only seconds. On-site results for multiple drug groups in just ten minutes makes Intelligent Fingerprinting a very efficient and innovative solution for James Jones & Sons Ltd to adopt.”

James Jones & Sons Ltd’s in-house HR team will work collaboratively with their Health and Safety colleagues, as well as some local managers, who are all trained to use the sweat-based drug screening system to manage testing as required. The company has carefully planned the roll-out, incorporating a company-wide amnesty period that welcomes employees to approach the company for wellbeing support before the new policy came into force in December.

Harry Simeonidis, President and Chief Executive Officer of Intelligent Bio Solutions Inc., said, “For workplace testing, the Intelligent Fingerprinting Drug Screening System offers companies full control and the ability to drug test quickly, conveniently, and whenever needed. This enables organizations such as James Jones & Sons Ltd to be proactively responsible for the health and safety of its employees and customers while protecting its business reputation.”

James Jones has purchased 11 Intelligent Fingerprinting Drug Screening Systems consisting of portable DSR-Plus readers and single-use chain of custody sample collection cartridges. These will be located at the company's testing hubs that will geographically cover their 25 locations across the UK. The company’s Australian operations are also watching the deployment with a view to potentially expand the use of the system to that region.

An introductory video demonstrating fingerprint-based drug testing in action is available here.

 

https://www.globenewswire.com/news-release/2024/01/29/2818911/0/en/Leading-UK-Timber-Processor-and-Packaging-Manufacturer-James-Jones-Sons-Ltd-Adopts-Intelligent-Bio-Solutions-Fingerprint-Drug-Screening-System-Across-its-25-Sites-and-1-300-Employe.html

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