SigNature DNA

Memo to Applied DNA: It’s payday in Pennsylvania

By GREGORY ZELLER // Memorandums of understanding are swell and all, but for a scrappy enterprise forever waging a bottom-line battle, nothing beats getting paid. So, Stony Brook-based Applied DNA Sciences should be very happy to receive the first of two “milestone payments” accompanying the March 31 signing of a new licensing deal with Pennsylvania manufacturer Colorcon Inc. Announced Thursday, the license and cooperation agreement grants Colorcon the exclusive worldwide right to add Applied DNA’s…


Applied DNA journeys deeper into India, and pharma

By GREGORY ZELLER // A new professional collaboration will deepen a Long Island biotech’s ties with global pharmaceutical and nutraceutical manufacturers. Stony Brook-based Applied DNA Sciences has signed a memorandum of understanding with India-based global pharmaceutical conglomerate ACG Worldwide, which is tapping into the Long Island firm’s molecular-based authentication services. The MoU – which is “expected to be followed by a definitive agreement,” according to Applied DNA – will apply the biotech’s SigNature molecular tagging…


Applied DNA catches Irish robber blue/green-handed

By GREGORY ZELLER // Already the bane of Swedish car thieves, Applied DNA Sciences has now notched its first armed-robbery criminal conviction in Ireland. The latest international adventure for the Stony Brook-based anti-theft and product-authentication specialist and its ever-evolving roster of vertical markets takes us to the Emerald Isle, where evidence gathered through the biotech’s SigNature DNA platform has helped convict a thug involved in a violent theft. According to Applied DNA, the case involves…


Printing partnership takes Applied DNA global, again

By GREGORY ZELLER // Diversity-driven Stony Brook biotech Applied DNA Sciences has added yet another vertical market to its rapidly expanding collection: laser printers. And not just printers and inks but third parties that use them to tag their products, packaging and supply-chain components, all available through a new “strategic partnership” between Applied DNA and Videojet Technologies. Under the guidance of an all-star business-development team, the biotech – which specializes in can’t-be-copied, can’t-be-broken DNA-based security…


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…


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…


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…


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…


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…


On cotton, new capital and comebacks to come

By GREGORY ZELLER // Capital infusions and superstar strategic advisors couldn’t save Applied DNA Sciences from another bottom-line beating in the first quarter of Fiscal 2017 – but the biotech appears ready to punch back. Reporting Thursday on the quarter ended Dec. 31, the Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication specialist noted $903,000 in quarterly revenues – down 32 percent from the $1.32 million reported in 1Q FY2016, and 45 percent from the $1.64 million reported in 4Q…


Battling European auto thefts, and the bottom line

By GREGORY ZELLER // Holiday gift guide update: The once-mighty “Grand Theft Auto” videogame series no longer cracks most-wanted lists on the top gaming consoles. Newsflash: The real thing has also lost some luster across northwestern Europe, where Applied DNA Sciences’ SmartDNA security solutions are contributing to major vehicular-theft declines – and sending a growing gang of international grand thieves to the clink. On a “quest to protect automobiles in Scandinavia,” the Stony Brook-headquartered provider of DNA-based supply-chain,…


Following big deal, Applied DNA gets defensive

By GREGORY ZELLER // Just a week after closing a $5 million stock deal with a single private investor, Applied DNA Sciences is enlisting big-time with the U.S. military. This week, the Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication specialist announced back-to-back deals for its flagship SigNature DNA product, both with armed-forces implications. The first deal involves microcircuits for the U.S. Defense Logistics Agency, the Department of Defense’s combat logistics command center. The second is…


Applied DNA, Melville startup in doc deal

By GREGORY ZELLER // Applied DNA Sciences has its eyes on sensitive government documents and critical legal evidence. The Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication specialist has signed a deal with R&R Partnership Enterprises, a Melville-based provider of forensic evidence-gathering and protection tools. R&R Partnership Enterprises, dba Hold That Scene, provides comprehensive “forensic response kits” for police patrols and fire investigators and basic crime-scene kits for commercial and private use. The company also offers…


Applied DNA Taking it to Swedish car thieves

By GREGORY ZELLER // Let this be a warning to Swedish car thieves: Applied DNA Sciences is on the case. Through Safesolutions AB (bring your Swedish or try the Google Translate version), the Stony Brook-based supply-chain, anti-counterfeiting, anti-theft, product-genotyping and product-authentication specialist is now applying its flagship SigNature DNA products to luxury cars imported into Sweden. Safesolutions, Applied DNA Sciences’ Swedish distributor, has inked a contract with Swedish importers that will mark a minimum of…