Intelligent Bio Solutions Secures 8 New Customers With A Combined Workforce Of Over 10,000 Employees Two Months Into Product Launch In Australia
Portfolio Pulse from Happy Mohamed
Intelligent Bio Solutions Inc. (NASDAQ:INBS) has secured 8 new customers in Australia within two months of launching its Intelligent Fingerprinting Drug Screening System. These customers are from various sectors including Mining, Aviation, Construction, Manufacturing, and Agriculture, and collectively employ over 10,000 individuals. The company's expansion in Australia highlights the growing demand for alternative screening solutions.
August 01, 2023 | 1:37 pm
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POSITIVE IMPACT
Intelligent Bio Solutions' successful expansion in Australia with its drug screening system could potentially boost its revenues and profitability in the short term.
The news of Intelligent Bio Solutions securing 8 new customers in Australia within a short period of launching its product indicates a strong demand for its services. This could potentially lead to increased revenues and profitability for the company, positively impacting its stock price in the short term.
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