Intelligent Bio Solutions Announced That P&O Ferries, Is Now Using The Portable Intelligent Fingerprinting Drug Screening System To Support Its Drug And Alcohol Testing Policy
Portfolio Pulse from Benzinga Newsdesk
Intelligent Bio Solutions (INBS) has announced that P&O Ferries is implementing its Portable Intelligent Fingerprinting Drug Screening System. This system is anticipated to cut P&O Ferries' drug testing costs by 90% and offers a more hygienic and user-friendly testing experience compared to the previous urine-based method.

December 05, 2023 | 1:39 pm
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Intelligent Bio Solutions' drug screening system adoption by P&O Ferries could lead to increased demand for INBS's products, potentially boosting the company's revenues and market presence.
The adoption of INBS's drug screening system by a notable company like P&O Ferries could be seen as a validation of the technology, which may lead to increased investor confidence and interest in INBS. The significant cost savings for P&O Ferries could also highlight the economic benefits of INBS's product, potentially attracting more customers. This news is likely to have a positive short-term impact on INBS's stock price as it suggests potential for growth and increased market penetration.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100