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Applied DNA Sciences

Biotech September 12, 2017

Applied DNA enlists with Army’s bio-warfare defenders

By GREGORY ZELLER // Applied DNA Sciences is in the Army now. Already under U.S. Department of Defense contract on a number of different projects, the Stony Brook-based biotech has entered into a new Cooperative Research and Development Agreement with U.S. Army Research, Development and Engineering Command’s Edgewood Chemical Biological Center. Best known as a developer and distributor of in-house botanical-DNA-based security and authentication protocols, Applied DNA is lending its expertise in a slightly different…

Earnings September 5, 2017

Strong 4Q sales lift NAPCO to record year

NAPCO Security Technologies Inc. Headquarters: Amityville Industry: Consumer durables Nasdaq: NSSC Reporting Date: Sept. 5, 2017 Reporting Quarter: 4Q FY2017 Quarter Ended: June 30, 2017 Numbers: Net sales for 4Q FY2017 were $25.7 million, up 7 percent from the same quarter last year. Earnings per diluted share for the quarter were 17 cents, off a penny from the 18 cents reported in 4Q FY2016. At the close of its fourth quarter, the company had $3.5…

Biotech August 28, 2017

Global nod marks major milestone for Applied DNA

By GREGORY ZELLER // An esteemed international certification organization has stamped a ginning company tracking its cotton supplies with the help of Applied DNA Sciences. The Global Organic Textile Standard certification is another feather in the cap of the Stony Brook biotech, which has long banked on cotton and other textile-focused industries as a business-development cornerstone. The certification was awarded to Woolam Gin of Texas, an Applied DNA “ginning partner,” by Netherlands-based Control Union Certifications,…

Biotech August 8, 2017

For Applied DNA, real growth in fertilizer

By GREGORY ZELLER // Applied DNA Sciences, the Stony Brook biotech, has spent 2017 aggressively introducing its DNA-based supply chain, anti-counterfeiting and anti-theft technologies to new industries and markets – and now adds fertilizer, a critical commodity for global farmers, to its growing list. Less than a month after applying its CertainT authentication platform to plastics – specifically, thermoplastic polymer resin – through a multi-year licensing deal with Indian global textile manufacturer GHCL Ltd., Applied…

Biotech July 19, 2017

Throwing in more towels, and that’s very good

By GREGORY ZELLER // Another week, another significant partnership for Applied DNA Sciences, which continues to make itself at home in the national textiles market. The Stony Brook-based provider of DNA-focused supply chain, anti-counterfeiting and anti-theft technologies has signed a multi-year licensing agreement with Loftex Home LLC, a well-known maker of high-quality towels and other home textiles. The new deal builds upon a prior agreement between Applied DNA and New York City-based Loftex Home, announced…

Biotech July 13, 2017

PET project brings Applied DNA to India, and the world

By GREGORY ZELLER // Applied DNA Sciences wants to say one word to you. Just one word. Are you listening? Plastics. After checking cotton, leather, European luxury cars, Department of Defense microcircuits and other diverse, often critical verticals off its to-do list, the Stony Brook-based provider of DNA-focused supply chain, anti-counterfeiting and anti-theft technologies has signed a multi-year licensing deal with global textile manufacturer GHCL Ltd., focused specifically on polyethylene terephthalate. Known best by its…

Biotech June 29, 2017

Stock deal, textile team-up top biotech’s big week

By GREGORY ZELLER // It’s been a busy and happy week for Applied DNA Sciences. Just days after trumpeting a new and potentially lucrative research partnership with Texas-based Aloe vera-products manufacturer Lily of the Desert, the Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication specialist announced Wednesday a $1.8 million private placement led by company executives and board members and an unnamed “strategic investor.” Also this week, Applied DNA announced a new licensing agreement with Himatsingka…

Biotech June 27, 2017

Applied DNA’s soothing solution to Aloe ‘deception’

By GREGORY ZELLER // In a further display of its unique – some would suggest universal – applicability, Applied DNA Sciences may soon find its way into your favorite facial cream. And maybe your top sports drink, too, now that the surging biotech has engaged new research under a partnership with Lily of the Desert, a leading producer of Aloe vera-derived products including topical creams and nutritional beverages. The Texas-based natural products producer and the…

Biotech June 6, 2017

New federal defense contract bolsters Applied DNA

By GREGORY ZELLER // A new multiyear, seven-figure contract will expand Applied DNA Sciences’ relationship with the Department of Defense. The Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication specialist announced Tuesday that it’s won a two-year, roughly $1.5 million competitive-bid contract through the federal Defense Logistics Agency. The contract, which runs through May 2019, was granted via a Rapid Innovation Fund that provides the DLA with “innovative technologies that can be rapidly inserted into acquisition…

Earnings May 11, 2017

Applied DNA: Cotton, leather and finally making hay

By GREGORY ZELLER // It’s not quite a return to the company’s financial halcyon days, but Applied DNA Sciences may have finally turned a corner. Yes, the Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication specialist ended the second quarter of its fiscal 2017 (ended March 31) with a quarterly net loss of $3.4 million, or 13 cents per share. But it was less of a loss (barely) than the $3.5 million bite suffered in 2Q…

Biotech May 2, 2017

Applied DNA goes ‘Beyond’ in cotton quest

By GREGORY ZELLER // Applied DNA Sciences is going to Bed Bath & Beyond, but not because it needs new towels. Instead, the Stony Brook-based provider of DNA-focused supply chain, anti-counterfeiting and anti-theft technologies, as well as product-genotyping and product-authentication solutions, is incorporating its “textile molecular tag” technology into the national retailer’s Wamsutta line – cotton products that claim to be made exclusively from pure Pima cotton grown in California. Now, thanks to Applied DNA’s…

Biotech April 20, 2017

With unique tech, Applied DNA gets into in vitro

By GREGORY ZELLER // A Stony Brook-based biotech has embarked on a five-year mission to safeguard in vitro diagnostics. In vitro studies, sometimes called “test tube experiments,” involve microorganisms, cells and other biological molecules outside their normal biological context. In the molecular biology era, such tests – performed not only in test tubes but in flasks, petri dishes and other laboratory vessels – have increased in both frequency and importance. Now, Applied DNA Sciences –…

Biotech March 30, 2017

At Applied DNA, they’re really getting into leather

By GREGORY ZELLER // A new international partnership backed by a host of well-known global brands will develop DNA-based security and product-authentication solutions for the leather industries. Stony Brook-based biotech Applied DNA Sciences this week announced a “research agreement” with BLC Leather Technology Centre, a UK-based R&D firm that delivers a range of services to leather suppliers, manufacturers and distributors in some 40 countries. Applied DNA President and CEO James Hayward introduced the program March 30 at…

The Debrief March 24, 2017

Debrief: Circular thoughts with James Hayward

When last we Debriefed Applied DNA Sciences CEO James Hayward, the Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication company was forming a promising partnership with a national law-enforcement/security training organization and inching a toe into the Scandinavian auto theft prevention-and-recovery market. This week, as the biotech partners with textile manufacturer Loftex Home to launch the hot new CertainT platform, Hayward reports big gains in those maturing verticals and progress by Applied DNA’s all-star advisory board – two…

Biotech February 27, 2017

Fighting forced labor, Applied DNA forms cotton club

By GREGORY ZELLER // So, where does your cotton come from? Applied DNA Sciences would like you to know. Adding to its portfolio of crimefighting products and services, the Stony Brook-based biotech has identified lead genetic markers unique to cotton cultivars – produced intentionally by genetic breeding – grown in Uzbekistan, where forced human labor is used to harvest the fluffy fiber. Now, the anti-counterfeiting and product-authentication specialist is “seeking out partners” in an effort…