Vandalia Research

As biopharma blossoms, ace DNA producer locks in

By GREGORY ZELLER // Applied DNA Sciences has long proclaimed textiles – your cotton shirt, your leather shoes and the industries that produce them – as its primary vertical market, the ideal sector in which to apply its patented DNA-based security and authentication protocols. But a wholly different use for its coveted DNA supplies may soon eclipse textile-tracking as the Stony Brook biotech’s primary moneymaker. That’s the word from President and CEO James Hayward, who…


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…


Applied DNA acquires W. Virginia firm

Applied DNA Sciences, which uses DNA to authenticate a growing array of products and materials that range from currency to wine, has acquired the assets of West Virginia-based Vandalia Research for $1.5 million in cash. Vandalia’s core technology allows for the large-scale production of specific DNA sequences using what’s known as the polymerase chain reaction, or PCR. PCR can amplify tiny pieces of DNA, generating billions of copies without the impurities of fermentation. The deal includes 10 devices used…