Jim Hayward

Applied DNA inks $2.5M federal contract

By GREGORY ZELLER // Biotech firm Applied DNA Sciences has announced a new $2.5 million contract with “a U.S. government agency” covering the use of its flagship SigNature DNA security and authentication products – the first deal of what’s shaping up as another big fiscal year for the Stony Brook-based startup. The contract is actually a blanket purchase agreement that runs through March 2021 and has two distinct purposes: to facilitate the sale of existing…


Diversification nips Applied DNA numbers

It wasn’t a record quarter, but Applied DNA Sciences maintained momentum and stayed true to its ongoing diversification strategy in the first quarter of Fiscal 2016. That according to James Hayward, president and CEO of the Stony Brook-based biotech firm, which this week reported results for the quarter ended Dec. 31. While Applied DNA Sciences snapped its streak of consecutive quarters with record-setting revenues at four, reported revenues were up compared to 1Q FY2015, reflecting…


Another, yawn, record quarter for Applied DNA

Another quarter, another revenue record for Applied DNA Sciences. Chief Executive Officer James Hayward’s Stony Brook biotech firm, which provides unique DNA-based anti-theft and product-authentication solutions, announced FY2015 fourth-quarter earnings highlighted by a 76 percent jump in revenues over the company’s fiscal third quarter and a noteworthy 571 percent earnings increase over 4Q 2014. The revenues increase was attributed primarily to sales to textile-industry companies looking to secure global cotton-supply chains, as well as revenues…


The Debrief: James Hayward, Applied DNA Sciences

A new collaboration with a California-based training organization, which puts Applied DNA’s proprietary genetic marking technology in front of thousands of U.S. police departments and private security firms, continues a 2015 hot streak for CEO James Hayward’s Stony Brook-based biotech firm. Already this year the firm has notched a prestigious index listing, inked several professional team-ups and completed a corporate acquisition that opens its proprietary tech to several new vertical markets. In Hayward’s words: COLLABORATION…