Tag: offering

NEW YORK, July 15, 2025 (GLOBE NEWSWIRE) -- Intelligent Bio Solutions Inc. (Nasdaq: INBS) ("INBS" or the "Company"), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced the addition of the SmarTest® Patch to its portfolio of non-invasive drug testing solutions. The SmarTest Patch is an innovative wearable device, developed by SMARTOX®, that enables continuous drug detection through sweat over a 7 to 10-day period. The SmarTest Patch complements the Company's flagship product, the Intelligent Fingerprinting Drug Testing Solution, strengthening its product portfolio of sweat-based, non-invasive testing technologies.

The Procurement Technologies and Services market is evolving rapidly, offering a range of capabilities from e-sourcing and spend analytics to AI-driven platforms for automation and real-time ESG integration. This growth is propelled by enterprise investments and SMB adoption of Procurement-as-a-Service solutions. Key players like SAP Ariba, Coupa, and emerging startups such as EcoVadis and Simfoni are innovating with AI/ML and cloud-native technologies. North America leads in digitalization initiatives, while strategic sourcing dominates by component application. Despite facing data security challenges, the market is supported by major players and strategic partnerships driving innovation and competitive intensity.

According to Precedence Research, the global semiconductor market size was valued at USD 584.17 billion in 2024 and is projected to be worth around USD 1.2 trillion by 2034, reflecting a solid CAGR of 7.54% from 2025 to 2034.