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Intelligent Bio Solutions (Nasdaq: INBS) completes key precision tests for U.S. drug screen

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Intelligent Bio Solutions Inc. reported completing extensive precision testing to support its planned FDA 510(k) submission for U.S. market clearance of its Intelligent Fingerprinting Drug Screening System for detection of the opiate codeine.

The precision program covered more than 1,600 tests across three production runs and three independent sites, demonstrating repeatable, reproducible performance suited to workplace and other drug screening environments. These data, together with penetration testing and prior Cut-off, Method Comparison, and Interference Studies, form a comprehensive package addressing safety, accuracy, usability, specificity, security, and precision. The company describes the U.S. drug screening market as a multi‑billion‑dollar annual opportunity and highlights rapid, non‑invasive fingerprint testing with results in under ten minutes.

Positive

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Negative

  • None.

Filing Explained

Intelligent Bio Solutions reports completed precision testing, with the results intended for a planned FDA 510(k) submission; the disclosed change is a more complete submission package, while the U.S. launch remains a future step tied to obtaining clearance.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Precision tests completed more than 1,600 tests Precision testing of the Intelligent Fingerprinting Drug Screening System for codeine detection
Production runs covered three production runs Manufacturing conditions assessed during precision testing
Independent testing sites three independent sites Operating environments used in the precision testing program
U.S. drug screening market size multi-billion-dollar annual opportunity Company’s description of potential U.S. market served by its system
Result time under ten minutes Time for the Intelligent Fingerprinting Drug Screening System to deliver results
FDA 510(k) submission regulatory
"a key component of the Company’s FDA 510(k) submission for U.S. market clearance"
An FDA 510(k) submission is a regulatory filing to show a new medical device is sufficiently similar to an already-approved device so it can be marketed in the U.S. without undergoing the most extensive premarket review. For investors, 510(k) clearance is a key milestone that reduces regulatory uncertainty and shortens time to sales—think of it as proving a new product is close enough to an established model to be sold without rebuilding trust from scratch.
Intelligent Fingerprinting Drug Screening System technical
"U.S. market clearance of its Intelligent Fingerprinting Drug Screening System for detection of the opiate codeine"
precision testing medical
"The precision testing included more than 1,600 tests across three production runs"
Cut-off Study medical
"data collected from the previously announced Cut-off Study, Method Comparison Study"
Interference Study medical
"Method Comparison Study, and Interference Study"
An interference study tests whether other substances or conditions prevent a medical test, drug measurement, or diagnostic device from working properly, like checking if a smartphone case blocks charging. Investors should care because interference problems can limit a product’s accuracy, regulatory approval, market acceptance, or lead to costly redesigns and lost sales, so clear results reduce risk and support commercial reliability.

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FAQ

What did Intelligent Bio Solutions (INBS) announce on July 21, 2026?

Intelligent Bio Solutions announced completion of precision testing supporting its planned FDA 510(k) submission for U.S. clearance of its Intelligent Fingerprinting Drug Screening System to detect the opiate codeine. The extensive testing underpins a future planned U.S. launch, subject to obtaining regulatory clearance.

How extensive was the precision testing described by INBS?

The company completed more than 1,600 tests across three production runs and three independent sites. Results showed repeatable, reproducible performance under varied manufacturing conditions and operating environments, supporting suitability for workplace and other drug screening settings once regulatory clearance is obtained.

What role does the precision testing play in INBS’s FDA 510(k) submission?

The precision testing is a key component of INBS’s FDA 510(k) submission package for its codeine fingerprint drug screening system. It will be included alongside penetration testing and data from Cut-off, Method Comparison, and Interference Studies to address safety, accuracy, and other performance criteria.

What market opportunity does INBS see for its drug screening system?

INBS describes the U.S. drug screening market as a multi-billion-dollar annual opportunity. Potential applications include workplace testing, criminal justice, pain management, and substance abuse treatment, where its non-invasive fingerprint technology aims to provide rapid results and flexible on-site screening.

What advantages does INBS’s Intelligent Fingerprinting Drug Screening System offer?

The system uses non-invasive fingerprint sweat analysis to screen for recent drug use, including opiates, cocaine, methamphetamine, and cannabis. Sample collection takes seconds and results are available in under ten minutes, which can help employers and other users conduct convenient, hygienic, on-site testing.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported): July 21, 2026

 

INTELLIGENT BIO SOLUTIONS INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-39825   82-1512711

(State of

Incorporation)

 

(Commission

File Number)

 

(IRS employer

identification no.)

 

135 West, 41st Street, 5th Floor

New York, NY 10036

(Address of principal executive offices, including zip code)

 

Registrant’s telephone number, including area code: (646) 790-5756

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.01 par value   INBS   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On July 21, 2026, Intelligent Bio Solutions Inc. (the “Company”), issued a press release (the “Press Release”) announcing the completion of precision testing, a key component of the Company’s FDA 510(k) submission for U.S. market clearance of its Intelligent Fingerprinting Drug Screening System for detection of the opiate codeine. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The foregoing disclosure is qualified in its entirety by the full text of the Press Release.

 

The information contained in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed to be “filed” for the purpose of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

No.   Description
99.1   Press release dated July 21, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: July 21, 2026    
     
  INTELLIGENT BIO SOLUTIONS INC.
     
  By: /s/ Spiro Sakiris
  Name:  Spiro Sakiris
  Title: Chief Financial Officer

 

 

 

Exhibit 99.1

 

Intelligent Bio Solutions Completes Precision Testing, Strengthening FDA 510(k) Submission Package Ahead of Planned Entry into Multi-Billion-Dollar U.S. Drug Screening Market

 

Precision testing confirms reproducibility across more than 1,600 tests, three production runs, and three independent testing sites

 

NEW YORK, July 21, 2026 – Intelligent Bio Solutions Inc. (Nasdaq: INBS) (“INBS” or the “Company”), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced the completion of precision testing, a key component of the Company’s FDA 510(k) submission for U.S. market clearance of its Intelligent Fingerprinting Drug Screening System for detection of the opiate codeine.

 

The precision testing, conducted following the Company’s clinical cut-off adjustment, confirmed that the Intelligent Fingerprinting Drug Screening System produced consistent, reliable results across varied manufacturing conditions and operating environments. The precision testing included more than 1,600 tests across three production runs and three independent sites. The results showed repeatable, reproducible performance across all runs and sites, confirming the system’s suitability for workplace and other drug screening environments.

 

“Completing over 1,600 tests across multiple independent sites and production runs puts us firmly on track for our FDA 510(k) submission, and, once FDA 510(k) clearance is obtained, a planned U.S. launch,” said Harry Simeonidis, President and CEO of Intelligent Bio Solutions. “Every clinical study and test we complete adds to the evidence supporting our submission and brings us closer to the U.S. market. The depth of our precision testing dataset reflects the rigor we are applying to get there.”

 

The precision testing results will be included in the Company’s FDA 510(k) submission, alongside penetration testing data and data collected from the previously announced Cut-off Study, Method Comparison Study, and Interference Study. The comprehensive data strengthens the Company’s FDA 510(k) application, addressing the safety, accuracy, usability, specificity, security, and precision of the Intelligent Fingerprinting Drug Screening System.

 

The U.S. drug screening market represents a multi-billion-dollar annual opportunity for the Company, spanning workplace testing, criminal justice, pain management, and substance abuse treatment. The Company’s non-invasive fingerprint technology offers distinct advantages over traditional urine, oral fluid, and blood testing, including rapid results, flexible screening at any time and location, and a detection window designed to support screening for recent drug use.

 

About Intelligent Bio Solutions Inc. 

 

Intelligent Bio Solutions Inc. (Nasdaq: INBS) is a medical technology company delivering intelligent, rapid, non-invasive testing solutions. The Company believes that its Intelligent Fingerprinting Drug Screening System will revolutionize portable testing through fingerprint sweat analysis, which has the potential for broader applications in additional fields. Designed as a hygienic and cost-effective system, the test screens for the recent use of drugs commonly found in the workplace, including opiates, cocaine, methamphetamine, and cannabis. With sample collection in seconds and results in under ten minutes, this technology would be a valuable tool for employers in safety-critical industries. The Company’s current customer segments outside the U.S. include construction, manufacturing and engineering, transport and logistics firms, mining, drug treatment organizations, and coroners.

 

For more information, visit: https://ibs.inc/ 

 

 

 

 

Forward-Looking Statements

 

Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995, and involve risks and uncertainties. Forward-looking statements in this press release include, without limitation, statements regarding Intelligent Bio Solutions Inc.’s ability to successfully develop and commercialize its drug and diagnostic tests, realize commercial benefits from its partnerships and collaborations, secure regulatory clearance or approvals, and timelines to enter the U.S. market, among others. Although Intelligent Bio Solutions Inc. believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, actual results may differ materially from those expressed or implied by such statements. Intelligent Bio Solutions Inc. has attempted to identify forward-looking statements by terminology, including “believes,” “estimates,” “anticipates,” “expects,” “plans,” “projects,” “intends,” “potential,” “may,” “could,” “might,” “will,” “should,” and “approximately,” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those described in Intelligent Bio Solutions’ public filings with the U.S. Securities and Exchange Commission. Any forward-looking statements contained in this release speak only as of the date of this release. Intelligent Bio Solutions undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. 

 

Company Contact

 

Intelligent Bio Solutions Inc.
info@ibs.inc

 

Investor & Media Contact

 

Valter Pinto, Managing Director
KCSA Strategic Communications
PH: (212) 896-1254
INBS@kcsa.com

 

 

 

 

Filing Exhibits & Attachments

4 documents