During the corresponding time, Intelligent Bio Solutions Inc recorded a revenue increase by 35.78 % year on year, sequentially revenue grew by 8.01 %. While revenue at the Intelligent Bio Solutions Inc 's corporate clients
Intelligent Bio Solutions Inc's Comment on Sales, Marketing and Customers
The company serves customers in safety-critical industries including construction, transportation and logistics, mining, manufacturing, and engineering, as well as organizations in the rehabilitation sector and judicial system. It plans to increase market share of its IFP System in the United Kingdom, mainland Europe, Australia, New Zealand, and other Asia Pacific countries. The company aims to enter new customer segments such as major sporting organizations, law enforcement, and commercial airlines. Additionally, it intends to establish a strategic network of distributors across the Asia Pacific region, Europe, and North America. The company holds an exclusive license in the Asia Pacific region for certain biosensor technology intellectual property rights from Life Science Biosensor Diagnostics Pty Ltd (LSBD); however, further development is currently postponed due to LSBD's liquidation and licensing uncertainties with the University of Newcastle.
Named customers and partners include Auctus Management Group, Cliantha Research, DGP Plc, Intelligent Fingerprinting Limited, James Jones & Sons, Life Science Biosensor Diagnostics Pty Ltd, P&O Ferries, Racing Analytical Services Limited, Robinson Brothers, State Road Constructions, Titan Cranes and Rigging Pty Ltd, University of Newcastle, and VKVP Haulage.
News about Intelligent Bio Solutions Inc Contracts
In a bold stride towards transforming drug testing practices, Intelligent Bio Solutions Inc. (NASDAQ: INBS) has proudly announced a major milestone: the installation of over 1,000 Intelligent Fingerprinting Drug Screening Readers as of June 30, 2024. This remarkable achievement not only highlights the company’s innovative prowess in non-invasive drug testing technology but also responds to a growing demand for more efficient and effective drug screening processes.The intelligent fingerprinting technology allows for instantaneous results from a simple fingerprint sample, providing employers and organizations a rapid and reliable method to ensure workplace safety and compliance policies are met. As global sh...
Intelligent Bio Solutions Inc. Makes Progress on FDA 510(k) Pathway with Successful Biocompatibility Study Intelligent Bio Solutions Inc. (INBS), a medical technology company specializing in intelligent, rapid, and non-invasive testing solutions, recently achieved a significant milestone in its clinical study plan required for FDA 510(k) regulatory clearance. The company announced the successful completion of biocompatibility testing for its Intelligent Fingerprinting Drug Screening System. This development marks a pivotal phase in the Company s efforts to secure regulatory clearance from the FDA.The Intelligent Fingerprinting Drug Screening System is a cutting-edge technology that utilizes fingerprints to d...
Intelligent Bio Solutions Inc. (INBS), a leading medical technology company specializing in intelligent, rapid, non-invasive testing solutions, has achieved a significant milestone in its journey towards regulatory approval. The company announced the successful completion of the in-clinic portion of its pharmacokinetic (PK) study, which is an essential component of its clinical study plan for the 510(k) pathway.The PK study serves as a crucial step in evaluating the safety and effectiveness of Intelligent Bio Solutions groundbreaking medical technology. By assessing the drug s absorption, distribution, metabolism, and excretion, the study provides critical insights into how the product interacts with the hu...
Pioneering Safety and Efficiency: Intelligent Bio Solutions Expands Footprint in the UK Warehouse and Logistics Sector By CSIMarket.com: CSIMarket.com In an era where workplace safety and efficiency are paramount, Intelligent Bio Solutions Inc. (Nasdaq: INBS) has emerged as a pioneer with its innovative solutions. The medical technology company, known for delivering intelligent, rapid, non-invasive testing solutions, recently secured two significant customer accounts in the UK warehouse and logistics sector. This article delves into the strategic impact of these new collaborations and the impressive showcase of Intelligent Bio Solutions’ Intelligent Fingerprinting Drug Screening Solution at the UK’s...
Intelligent Bio Solutions Initiates FDA 510(k) Pharmacokinetic Study with Successful Recruitment and Subject ScreeningNEW YORK, May 29, 2024 - Intelligent Bio Solutions Inc. (Nasdaq: INBS), a pioneering medical technology company renowned for its intelligent, rapid, and non-invasive testing solutions, proudly announces the accomplishment of successful recruitment and the initiation of subject screening for its crucial pharmacokinetic (PK) study. This study plays a pivotal role in the Company s efforts to obtain FDA 510(k) regulatory clearance.Intelligent Bio Solutions has long been at the forefront of groundbreaking innovations, dedicated to transforming the healthcare landscape. By continuously pushing the ...
Intelligent Bio Solutions Showcases Innovative Fingerprint Drug Screening Solution at UK s Premier Health and Safety EventIntelligent Bio Solutions Inc. (INBS), a medical technology company specializing in intelligent, rapid, and non-invasive testing solutions, recently unveiled its Intelligent Fingerprinting Drug Screening Solution at The Health and Safety Event 2024, the largest annual technology showcase in the United Kingdom aimed at strengthening workplace safety standards. This exhibition comes on the back of the company s successful adoption of its fingerprint drug screening technology by various firms, including leading timber processor James Jones and Sons Ltd. and construction logistics firm DGP Pl...
In a bold move to ensure the safety and well-being of its workforce, James Jones and Sons Ltd., one of the leading timber processor and packaging manufacturers in the UK, has recently announced the adoption of the state-of-the-art Intelligent Bio Solutions Fingerprint Drug Screening System. The system will be implemented across all of its 25 sites, covering a workforce of approximately 1,300 employees.The decision to adopt the Intelligent Fingerprinting system reflects James Jones commitment to maintaining a drug-free workplace and providing a secure working environment for its employees. By utilizing this groundbreaking technology, the company will have full control over drug testing procedures, enabling i...
In the ever-evolving world of workplace safety and medical technology, Intelligent Bio Solutions Inc. is making waves with its state-of-the-art Intelligent Fingerprinting Drug Screening System. DGP Plc, a renowned expert in construction logistics, security, and support, has decided to bring drug testing in-house for its workforce of 450 employees and contractors with this disruptive system.Shifting the paradigm of conventional drug detection processes, fingerprint sweat-based testing provided by Intelligent Bio Solutions is demonstrated to simplify and speed up drug testing in the workplace. The system boasts a host of advantages over traditional methods such as ease of use and the ability to yield quicker r...
In a bid to prioritize workplace safety and maintain a drug-free environment, leading specialist material handling company Titan Cranes and Rigging Pty Ltd. (Titan) has recently integrated Intelligent Bio Solutions Inc. s (INBS) innovative Intelligent Fingerprinting Drug Screening System. This move reflects Titan s commitment to harnessing the power of advanced technology to ensure a secure and productive work environment. The adoption of this non-invasive, rapid drug testing solution demonstrates Titan s dedication to prioritizing employee well-being while maintaining operational efficiency. Enhancing Workplace Safety: The Intelligent Fingerprinting Drug Screening System is set to revoluti...
In a significant move towards ensuring a safer and drug-free work environment, State Road Constructions, a leading civil construction entity in Australia, has chosen Intelligent Bio Solutions Inc. s Intelligent Fingerprinting Drug Screening System. This innovative technology promises to revolutionize workplace drug testing by providing rapid, non-invasive, and highly accurate results. With drug abuse posing a substantial risk in the construction industry, the adoption of this cutting-edge solution by State Road Constructions sets a new benchmark in employee safety and well-being. Rapid and Non-Invasive Drug Testing: The Intelligent Fingerprinting Drug Screening System uses advanced fingerpr...
Intelligent Bio Solutions Inc’s Comment on Sales, Marketing and Customers
The company serves customers in safety-critical industries including construction, transportation and logistics, mining, manufacturing, and engineering, as well as organizations in the rehabilitation sector and judicial system. It plans to increase market share of its IFP System in the United Kingdom, mainland Europe, Australia, New Zealand, and other Asia Pacific countries. The company aims to enter new customer segments such as major sporting organizations, law enforcement, and commercial airlines. Additionally, it intends to establish a strategic network of distributors across the Asia Pacific region, Europe, and North America. The company holds an exclusive license in the Asia Pacific region for certain biosensor technology intellectual property rights from Life Science Biosensor Diagnostics Pty Ltd (LSBD); however, further development is currently postponed due to LSBD's liquidation and licensing uncertainties with the University of Newcastle.
Named customers and partners include Auctus Management Group, Cliantha Research, DGP Plc, Intelligent Fingerprinting Limited, James Jones & Sons, Life Science Biosensor Diagnostics Pty Ltd, P&O Ferries, Racing Analytical Services Limited, Robinson Brothers, State Road Constructions, Titan Cranes and Rigging Pty Ltd, University of Newcastle, and VKVP Haulage.
Sources:
Intelligent Bio Solutions Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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