Intelligent Fingerprinting Drug Screening Reader
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Nasdaq Moves Lower; US Crude Oil Inventories Decline Sharply
Benzinga· 2025-12-31 17:56
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 100 points on Wednesday.The Dow traded down 0.28% to 48,229.87 while the NASDAQ slipped 0.26% to 23,359.33. The S&P 500 also fell, dropping, 0.26% to 6,878.07.Check This Out: How To Earn $500 A Month From UniFirst Stock Ahead Of Q1 EarningsLeading and Lagging SectorsUtilities shares slipped by just 0.2% on Wednesday.In trading on Wednesday, real estate stocks dipped by 0.8%.Top HeadlineU.S. crude oil inventories, exc ...
Nasdaq Moves Lower; US Crude Oil Inventories Decline Sharply - Anghami (NASDAQ:ANGH), Corcept Therapeutics (NASDAQ:CORT)
Benzinga· 2025-12-31 17:56
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 100 points on Wednesday.The Dow traded down 0.28% to 48,229.87 while the NASDAQ slipped 0.26% to 23,359.33. The S&P 500 also fell, dropping, 0.26% to 6,878.07.Check This Out: How To Earn $500 A Month From UniFirst Stock Ahead Of Q1 EarningsLeading and Lagging SectorsUtilities shares slipped by just 0.2% on Wednesday.In trading on Wednesday, real estate stocks dipped by 0.8%.Top HeadlineU.S. crude oil inventories, exc ...
Why FuelCell Energy Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session - Antelope Ent Hldgs (NASDAQ:AEHL), Aimei Health Technology (NASDAQ:AFJK)
Benzinga· 2025-12-31 17:40
Shares of FuelCell Energy, Inc. (NASDAQ:FCEL) fell sharply during Wednesday's session after the company filed for an amended common stock offering.After market close on Tuesday, FuelCell said in a filing it entered into an amended sales agreement to increase the amount of shares that may be sold under its sales agreement to $200 million.FuelCell Energy shares dipped 8.9% to $7.23 on Wednesday.Here are some other stocks moving in today’s mid-day session.GainersIntelligent Bio Solutions Inc. (NASDAQ:INBS) sha ...
Intelligent Bio Stock Doubles On New Manufacturing Deal Promising Major Cost Cuts
Benzinga· 2025-12-31 17:12
Core Viewpoint - Intelligent Bio Solutions Inc. is experiencing a significant increase in stock price and trading volume due to a new strategic manufacturing partnership with Syrma Johari MedTech Ltd. aimed at enhancing production capabilities and improving margins [2][6]. Group 1: Partnership and Production - Intelligent Bio has announced a strategic manufacturing partnership with Syrma Johari MedTech Ltd. to support and scale the production of its Intelligent Fingerprinting Drug Screening Reader [2]. - The partnership is expected to yield substantial operational and financial benefits, including annual production cost savings of over 40% and an approximate 20 percentage point improvement in gross margin compared to previous arrangements [3][4]. - Syrma Johari's manufacturing capacity is about four times that of Intelligent Bio's current capacity, enabling the company to meet anticipated demand as it scales its commercial operations [4]. Group 2: Supply Chain and Market Strategy - The collaboration enhances Intelligent Bio's global manufacturing strategy by reducing reliance on a single supplier and increasing resilience in its supply chain [4]. - The partnership broadens manufacturing capacity, ensures continuity, and creates flexibility in preparation for future demand, including a planned U.S. market entry in 2026 [5]. - Syrma Johari operates 14 manufacturing locations and four design and innovation centers across India, Europe, and the United States, and is set to open a new medical-grade plastics manufacturing facility in India in January 2026 [5]. Group 3: Stock Performance - Intelligent Bio Solutions shares rose by 114.63% to $8.80 at the time of publication, reflecting strong market interest and confidence in the company's strategic moves [6].
Dow Falls 50 Points; US Initial Jobless Claims Decline
Benzinga· 2025-12-31 14:41
U.S. stocks traded mostly lower this morning, with the Dow Jones index falling more than 50 points on Wednesday.Following the market opening Wednesday, the Dow traded down 0.09% to 48,322.35 while the NASDAQ slipped 0.01% to 23,417.48. The S&P 500 also fell, dropping, 0.04% to 6,893.58.Check This Out: How To Earn $500 A Month From UniFirst Stock Ahead Of Q1 EarningsLeading and Lagging SectorsInformation technology shares rose by 0.2% on Wednesday.In trading on Wednesday, real estate stocks fell by 0.3%.Top ...
Intelligent Bio Solutions Announces New Manufacturing Partnership to Strengthen Global Production Capability and Increase Margins
Globenewswire· 2025-12-31 13:45
Core Insights - Intelligent Bio Solutions Inc. (INBS) has formed a strategic manufacturing partnership with Syrma Johari MedTech to enhance its production capabilities and support its entry into the U.S. market in 2026 [1][3]. Group 1: Partnership Benefits - The partnership is expected to yield annual production cost savings exceeding 40%, leading to an anticipated improvement of approximately 20 percentage points in gross margin compared to previous manufacturing arrangements [2]. - Syrma Johari's manufacturing capacity is about four times that of INBS, enabling the company to efficiently meet anticipated demand as it scales its commercial operations [2]. Group 2: Supply Chain Resilience - This collaboration strengthens INBS' global manufacturing strategy by reducing reliance on a single supplier and enhancing supply chain resilience [3]. - The partnership broadens manufacturing capacity, ensures continuity, and creates flexibility in preparation for future demand across multiple regions [3]. Group 3: Syrma Johari's Capabilities - Syrma Johari has over 45 years of experience in medical device engineering and manufacturing, operating 14 manufacturing locations and four design and innovation centers globally [4]. - The company is certified to ISO 13485, MDSAP, FDA, TUV SUD, and GMP standards, ensuring high compliance and quality in medical device manufacturing [4]. Group 4: Production Efficiency - Syrma Johari's vertical integration and export-oriented model facilitate high-quality production while optimizing sourcing, tooling, testing, and logistics [5]. - The company is set to open a new medical-grade plastics manufacturing facility in India in January 2026, further enhancing its capabilities to meet global demand [5]. Group 5: Regulatory Support - Syrma Johari's extensive regulatory and quality-assurance capabilities align with INBS' global expansion plans, providing end-to-end quality systems and regulatory documentation support [6]. - This expertise will assist INBS in advancing its regulatory pathways and preparing for increased commercial activity worldwide [6]. Group 6: Strategic Importance - The partnership is viewed as a significant milestone for INBS, enhancing its supply chain and supporting future growth [7]. - Both companies express a strong alignment in innovation, quality, and long-term vision, indicating a commitment to scaling disruptive drug-screening technology [7][8].