Lily of the Desert

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…


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…