LBT Innovations issued new US patent

Company News

by Jessica Ellerm


LBT Innovations Limited (ASX:LBT) has announced it has been issued a new patent by the US Patent and Trademark Office.

The patent covers the image capture and light apparatus of the company’s Automated Plate Assessment System technology, known as APAS.

APAS is an AI technology that enables the faster diagnosis and reporting of infectious diseases.

APAS has been licensed on a global basis to Clever Culture Systems, which is integrating the technology with robotic lab instruments.

LBT Innovations Limited reported a net profit of $3.6 million at 30 June 2016. 

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.