Intelligent Bio Solutions Adds Logistics Firm To Fingerprint Drug Screening Portfolio And Completes Major Milestone With Existing Client
Portfolio Pulse from Benzinga Newsdesk
Intelligent Bio Solutions Inc. (NASDAQ:INBS) announced that VKVP Haulage, a specialist container logistics firm, has adopted its Intelligent Fingerprinting Drug Screening System. The system will be used for random in-house drug testing to complement VKVP's existing alcohol testing program. Additionally, INBS announced that Auctus Management Group, an existing client, has successfully completed 25,000 tests using the Intelligent Fingerprinting system.
October 05, 2023 | 12:41 pm
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POSITIVE IMPACT
The adoption of INBS's drug screening system by VKVP Haulage and the successful completion of 25,000 tests by Auctus Management Group could potentially increase INBS's market visibility and customer base.
The adoption of INBS's drug screening system by VKVP Haulage and the successful completion of 25,000 tests by Auctus Management Group indicates a positive market response to INBS's product. This could potentially lead to increased sales and revenue for INBS, positively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100