Press release
Intelligent Bio Solutions Inc. (NASDAQ: INBS) Rises in After-Hours Trading Following Major UK Contracts and FDA Progress
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Both companies will implement Intelligent Bio Solutions' Intelligent Fingerprinting Drug Screening System at most of their UK sites. One of the clients, an award-winning specialist in innovative supply chain solutions, switched to the Intelligent Bio Solutions system due to the inefficiencies of their previous saliva testing method. As covered by Seeking Alpha see entire news article.
On June 19, Intelligent Bio Solutions Inc. (NASDAQ: INBS) announced the completion of patient screening and the start of dosing for its pharmacokinetic (PK) study on fingerprinting drug screening technology. This study will support a 510(K) submission to the U.S. FDA in Q4 2024. The company expects to complete recruitment by the end of June 2024 and review PK study results by the end of July 2024. This announcement follows the company's recent shift to a global operations framework from its UK-based structure.
Featured by Benzinga alongside GameStop Corp (NYSE: GME), AMC Entertainment (NYSE: AMC), Novavax (NASDAQ: NVAX), Peraso (NASDAQ: PRSO), Intelligent Bio Solutions Inc (NASDAQ: INBS), Dyadic International Inc. (NASDAQ: DYAI) see: GameStop Raises $2.14 Billion, Meme Stocks Buzz Fuels Gains Watch: GME, PRSO, DYAI, VTAK, AMC - AMC Enter Hldgs (NYSE:AMC), Dyadic International (NASDAQ:DYAI) - Benzinga [https://www.benzinga.com/pressreleases/24/06/ab39323716/gamestop-raises-2-14-billion-meme-stocks-buzz-fuels-gains-watch-gme-prso-dyai-vtak-amc]
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