Intelligent Bio Solutions Inc. Highlights Growing Need for Drug Testing Solutions in Key Industries

NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Intelligent Bio Solutions Inc. (NASDAQ: INBS) provides an overview of the increasing prevalence of on-the-job drug use across critical sectors such as construction, manufacturing, transport and warehousing, mining, and automotive. As the need for robust drug testing solutions intensifies, we believe that our company is positioned to lead the way in providing innovative, non-invasive drug testing technologies.

The challenges faced across these critical sectors are:

Challenge 1:	A national survey published in 2023 on drug use and health in the U.S. by the Substance Abuse and Mental Health Services Administration (SAMHSA) reported that among people aged 18 or older, 17.8% or 45.7M people undertook illicit drug use in the prior month to the survey1.
Challenge 2:	A short report published in 2015 by The Substance Abuse and Mental Health Services Administration showed that an annual average of 8.6% of full-time workers aged 18 to 64 in the U.S. used illicit drugs in the prior month to the survey2.
Challenge 3:	Survey results published in 2017 by the National Safety Council showed that 7 in 10 employers in the U.S. have felt some effect of prescription drug usage, including near miss of injury and impaired or decreased job performance. In fact, according to the survey, 71% of employers say prescription drug misuse is a disease3.
Challenge 4:	The same survey results published by the National Safety Council in 2017 showed that prescription drug misuse has impacted more than 70 per cent of employers in the U.S.4.

These factors have an alarming impact on employees in industries where safety and productivity are paramount, such as the following:

Industry	Percentage of past month illicit drug use among adults aged 18 to 64 employed full time, by industry category: combined data 2008 to 2012, as published in 2015 SAMHSA short report5.	Other data
Construction	11.6%
Manufacturing	7.4%
Transportation & Warehousing	5.9%	A 2019 analysis of data found that 27.6% of truck-driving respondents consumed drug6.
Mining & Related	5%
Automotive	N/A	The National Highway Safety Administration (NHSA) conducted a study using data from both oral fluid and blood samples, overall results showed 22.3 percent of daytime drivers and 22.5 percent of nighttime drivers were drug positive7.