04/02/2018

Business Weekly: US investors help take Intelligent Fingerprinting funding past £13m

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Business Weekly reports that Intelligent Fingerprinting has secured a further £1.7 million of funding from a group of private US and UK investors and that it has now raised £13.2m since launch.  The article explains that the new cash will help accelerate commercialisation of the recently launched Intelligent Fingerprinting Drug Screening System – particularly into key UK workplace market sectors such as construction, transport, warehousing and manufacturing.

Chairman Philip Hand is quoted: “Following the successful launch of our fingerprint drug test and our transition from successful pilot projects to commercial engagements we’re now focused on strengthening our UK sales and marketing resources as well as our international offering. This latest funding will see the company place increased emphasis on the critical workplace sector, and will also help support our ongoing FDA approval activities in the US.”

Read the article

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