STOCK TITAN

Intelligent Bio drug test hits 98.2% accuracy

Company says the new study data complete the clinical part of its FDA 510(k) package and expects a September 2026 510(k) submission.

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Intelligent Bio Solutions Inc. (INBS) reported new clinical performance data for its Intelligent Fingerprinting Drug Screening System to detect the opiate codeine. In a multi-site U.S. Method Comparison Study, the System achieved overall 98.2% accuracy, 94.6% sensitivity, and 100% specificity across pre-employment and workplace screening settings.

The results, measured against a validated LC-MS/MS reference method, reflect an increase from a prior study that showed approximately 94% accuracy and 82% sensitivity, while maintaining 100% specificity. The company states these data complete the clinical component of its FDA 510(k) package and expects to submit its 510(k) application for the System in September 2026 as part of its planned entry into the U.S. market following FDA clearance.

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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, or exhibit attachments filed with this report.
Overall accuracy 98.2% Total accuracy for Intelligent Fingerprinting Drug Screening System across three sites
Overall sensitivity 94.6% Total sensitivity for codeine detection in the Method Comparison Study
Specificity 100% Specificity for codeine detection at each site and in total
True negatives 144 Total true negative samples across all three clinical sites
True positives 70 Total true positive samples across all three clinical sites
False negatives 4 Total false negative samples across all three clinical sites
Prior study accuracy approximately 94% Accuracy reported in the company’s previous Method Comparison Study
Prior study sensitivity approximately 82% Sensitivity reported in the company’s previous Method Comparison Study
Method Comparison Study medical
"the results of its latest Method Comparison Study for its Intelligent"
sensitivity medical
"evaluated the sensitivity, specificity, and accuracy of the Intelligent"
specificity medical
"The System’s 100% specificity, unchanged from the prior study, continues"
Specificity measures how well a diagnostic test or screening correctly identifies people who do not have a condition — the percentage of healthy cases the test labels as negative. Think of it as a smoke alarm that stays quiet when there’s no fire; high specificity means fewer false alarms. For investors, specificity affects regulatory approval, clinical adoption, follow-up costs, and the perceived reliability and market potential of medical products.
FDA 510(k) submission regulatory
"supporting Planned 2026 FDA 510(k) Submission Multi-site clinical study"
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.
liquid chromatography-tandem mass spectrometry (LC-MS/MS) technical
"Results were measured against a validated liquid chromatography-tandem mass"
Liquid chromatography-tandem mass spectrometry (LC-MS/MS) is an advanced laboratory technique used to identify and measure small molecules and chemicals in complex samples with high precision. Think of it as a highly sensitive sorting and detection system that separates substances and then precisely analyzes their composition. This method is important to investors because it helps ensure the safety, quality, and authenticity of products like medicines and food, which can impact company performance and market trust.

FAQ

What did INBS announce in its September 1, 2026 Form 8-K?

INBS announced results from a multi-site U.S. Method Comparison Study of its Intelligent Fingerprinting Drug Screening System for codeine detection, reporting 98.2% accuracy, 94.6% sensitivity, and 100% specificity, and indicated these data support its planned FDA 510(k) submission.

How accurate is Intelligent Bio Solutions’ drug screening system according to the new study?

The study reports overall 98.2% accuracy for INBS’s Intelligent Fingerprinting Drug Screening System in detecting the opiate codeine, with 94.6% sensitivity and 100% specificity, based on testing across three independent U.S. clinical sites in workplace and pre-employment settings.

How do the new INBS study results compare with the prior 2024 study?

The new study shows accuracy above 98% versus approximately 94% previously, and sensitivity above 94% versus approximately 82% in the prior study, while maintaining 100% specificity in both studies for codeine detection.

When does INBS expect to submit its FDA 510(k) for the fingerprint drug screening system?

INBS states that, with data collection complete and the new Method Comparison Study results available, it has accelerated its timeline and expects to submit its FDA 510(k) application in September 2026 for the Intelligent Fingerprinting Drug Screening System.

What reference method was used in the INBS codeine detection study?

Performance of the Intelligent Fingerprinting Drug Screening System was measured against a validated liquid chromatography-tandem mass spectrometry (LC-MS/MS) reference method, which served as the comparator for determining true positive, true negative, false positive, and false negative results.

How many clinical sites participated in INBS’s Method Comparison Study?

The Method Comparison Study for INBS’s Intelligent Fingerprinting Drug Screening System was conducted across three independent U.S. clinical sites, which together generated the combined performance metrics reported for codeine detection.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 0001725430 0001725430 2026-09-01 2026-09-01 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

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): September 1, 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 September 1, 2026, Intelligent Bio Solutions Inc. (the “Company”), issued a press release (the “Press Release”) announcing the results of its latest Method Comparison Study for its Intelligent Fingerprinting Drug Screening System to detect 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 September 1, 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: September 1, 2026

 

  INTELLIGENT BIO SOLUTIONS INC.
     
  By: /s/ Spiro Sakiris
  Name: Spiro Sakiris
  Title: Chief Financial Officer

 

 

 

 

Exhibit 99.1

 

Intelligent Bio Solutions Achieves Above 98% Accuracy in Method Comparison Study, Supporting Planned 2026 FDA 510(k) Submission

 

Multi-site clinical study delivers strong performance data for Intelligent Fingerprinting Drug Screening System

 

NEW YORK, September 01, 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 results of its latest Method Comparison Study for its Intelligent Fingerprinting Drug Screening System (the “System”) to detect the opiate codeine. Conducted across three independent U.S. clinical sites, the study represents the most comprehensive evaluation of the System in the Company’s FDA 510(k) clinical study program. The study results show substantially improved performance compared to the Company’s prior Method Comparison Study, announced in November of 2024.

 

The purpose of the study was to evaluate the System’s consistency and reliability across diverse clinical environments. The study followed established clinical research guidelines and evaluated the sensitivity, specificity, and accuracy of the Intelligent Fingerprinting Drug Screening System in pre-employment and workplace screening environments.

 

Method Comparison Study Results

 

Parameter   Site 1   Site 2   Site 3   Total
True Negative   48   45   51   144
False Negative   1   2   1   4
True Positive   27   27   16   70
False Positive   0   0   0   0
Sensitivity   96.4%   93.1%   94.1%   94.6%
Specificity   100%   100%   100%   100%
Accuracy   98.7%   97.3%   98.5%   98.2%

 

The System demonstrated accuracy above 98%, sensitivity above 94%, and specificity of 100% for the opiate codeine. These figures represent a notable increase from the Company’s previous study, which reported approximately 94% accuracy and 82% sensitivity. The System’s 100% specificity, unchanged from the prior study, continues to confirm its ability to correctly identify samples that do not contain the target drug, a critical requirement for workplace drug testing applications where false positives can carry significant consequences. Results were measured against a validated liquid chromatography-tandem mass spectrometry (“LC-MS/MS”) reference method.

 

“These results have been a long time in the making,” said Harry Simeonidis, President and CEO of Intelligent Bio Solutions. “Our System was already delivering 100% specificity, but we knew we needed to close the gap on sensitivity. Moving from approximately 82% sensitivity to above 94%, and in doing so lifting our overall accuracy to above 98%, is the outcome we were working toward. With this study complete, we now have everything we need for our 510(k) submission, which remains on track for submittal in calendar 2026.”

 

The results form a critical component of the Company’s 510(k) submission package. With all data collection now complete, the Company has accelerated its filing timeline and expects to submit its 510(k) application in September 2026, supporting its planned entry into the U.S. market following FDA clearance.

 

 
 

 

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