Applied DNA Sciences Inc APDN:NASDAQ

Last Price$1.42NASDAQ Closing Price as of 4:00PM ET 5/16/22

Today's Change+0.02(1.43%)
Bid (Size)$1.38 (2)
Ask (Size)$1.49 (1)
Day Low / High$1.34 - 1.45
Volume29.4 K

Applied DNA Sciences Signs Memorandum of Understanding With Stratum Reservoir (Isotech)

9:50AM ET 12/15/2021 MT Newswires
Applied DNA Sciences (APDN) said Wednesday signed a memorandum of understanding with Stratum Reservoir (Isotech) to leverage isotopic analysis for enhanced DNA-based cotton authenticity and provenance.

Under the terms of the MoU, Applied DNA will deploy Isotech's isotopic analysis as a confirmatory assay for cotton genotyping, the process through which cotton DNA is utilized to determine cotton fiber and fabric origin forensically.

The companies will support business development opportunities for cotton traceability and will continue to build and compile a global database of cotton, yarn, and fabric samples.

A definitive agreement is expected to be followed between the companies, Applied DNA said.

Price: 5.04, Change: -0.20, Percent Change: -3.73