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Applied DNA Sciences
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Applied DNA Sciences, Inc. (NASDAQ: APDN) is a provider of molecular technologies that enable supply chain security, anti-counterfeiting and anti-theft technology, product genotyping and pre-clinical nucleic acid-based therapeutic drug candidates. The company's DNA-based technology is utilized in a variety of industries including: textiles/fashion, wine, musical instruments, and electronics. Luxury goods manufacturers use these products to identify counterfeit consumer goods and to ensure their products' authenticity, helping, in part, to stem the flow of counterfeit goods and eliminate the slavery that is often implicit in the production of fake goods. Applied DNA Sciences' products were vetted in a pilot program by the Defense Logistics Agency of the Department of Defense, where their technology succeeded in distinguishing between counterfeit and authentic microchips 100% of the time. |
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