The medical devices sector has been on the radars of investors for quite a while due to the innovations in the sector. Here is a better look at four stocks from the sector that could be worth tracking.
Unveiled at the 2023
The Intelligent Fingerprint Drug Screening System is the first fingerprint-based drug testing system capable of analyzing fingerprint sweat for any recent drug use. It proved highly effective in detecting any traces of cannabis, cocaine, opiates, and methamphetamine in under ten minutes. Therefore, it stands out as a quick, easy, non-invasive, and dignified alternative to traditional point-of-care drug testing systems.
The company has already received strong interest and responses from key decision-makers and professionals from various industries about the non-invasive testing solution. As a commitment to workplace safety grows stronger and the need to conduct regular workplace drug screening increases, demand for non-invasive solutions should increase.
The new fingerprint testing system boasts applications in various sectors, having already been deployed in safety-critical industries such as construction, manufacturing, engineering, transport, and logistics. It will also find great use in drug treatment organizations.
Intelligent Bio Solutions has already set sights on making workplace solutions available in as many markets as possible. The focus is on the European and Australian testing markets, as it also plans to make the solution available in the
In the second quarter,
On
Late Thursday, the company said that it has signed a
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