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Intelligent Bio Solutions ( (INBS) ) has provided an announcement.
On January 29, 2025, Intelligent Bio Solutions Inc. announced that Quantum Traffic Management, a UK-based traffic management provider, adopted their Intelligent Fingerprinting Drug Testing Solution across ten sites to enhance workplace testing efficiency and safety. This transition from traditional saliva and urine testing to INBS’s rapid, non-invasive system marks a significant operational improvement for Quantum TM, and underscores INBS’s growing influence in the drug screening market, with over 400 accounts globally and plans to enter the US market in 2025.
More about Intelligent Bio Solutions
Intelligent Bio Solutions Inc. is a medical technology company specializing in innovative, rapid, and non-invasive testing solutions. Their primary product, the Intelligent Fingerprinting Drug Screening System, uses fingerprint sweat analysis to detect recent drug use, offering a hygienic and cost-effective alternative for safety-critical industries such as construction, manufacturing, and transport.
YTD Price Performance: 2.13%
Average Trading Volume: 123,052
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.92M
Find detailed analytics on INBS stock on TipRanks’ Stock Analysis page.