Intelligent Bio Solutions Reaches Milestone With Over 1,000 Intelligent Fingerprinting Drug Screening Readers Installed By June 30, 2024, Reflecting A 65% Year-Over-Year Increase As Sales Surge 26% To 407 Units In FY 2024
Portfolio Pulse from Benzinga Newsdesk
Intelligent Bio Solutions has achieved a significant milestone by installing over 1,000 Intelligent Fingerprinting Drug Screening Readers by June 30, 2024. This marks a 65% year-over-year increase, with sales surging 26% to 407 units in FY 2024.

August 21, 2024 | 12:36 pm
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Intelligent Bio Solutions has installed over 1,000 drug screening readers by June 2024, a 65% increase from the previous year, with sales up 26% to 407 units in FY 2024.
The significant increase in installations and sales indicates strong demand and market acceptance for INBS's products, likely boosting investor confidence and positively impacting the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100