Intelligent Bio Solutions Signs South American Distribution Agreement With TSCOM For Fingerprint Drug Screening System; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Intelligent Bio Solutions (INBS) has signed a distribution agreement with TSCOM for its Fingerprint Drug Screening System in South America. The financial terms of the deal were not disclosed.
July 06, 2023 | 12:39 pm
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The distribution agreement with TSCOM could potentially increase Intelligent Bio Solutions' market presence in South America, which may positively impact its revenues in the future.
The distribution agreement with TSCOM allows INBS to expand its market reach to South America. This could potentially increase its customer base and sales, leading to higher revenues. However, as the financial terms of the deal were not disclosed, the exact impact on INBS's financials is uncertain.
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