LBT Innovations Limited (AU:LBT) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
LBT Innovations Limited has achieved a significant milestone by selling its APAS® Independence, an AI-driven microbiology automation system, to Bristol Myers Squibb in the United States. This marks the first sale to a pharmaceutical customer in the US, reflecting growing interest and demand in the sector. The sale is part of LBT’s strategy to engage with large pharmaceutical companies, highlighting the potential of their technology to enhance microbiology operations.
For further insights into AU:LBT stock, check out TipRanks’ Stock Analysis page.