ERDF & YF spearhead DNA Anti-Counterfeit Program

10 Aug '09

4 min read

In April 2009, APDN established an initial DNA testing capacity at the Textile Centre of Excellence by APDN's subsidiary, Applied DNA Sciences Europe Ltd. The facility is expanding the customer base for APDN's two DNA authentication programs, SigNature DNA and BioMaterial GenoTyping™. SigNature DNA is a botanically derived marker employed to identify originals. Recently, the facility was used to complete forensic analyses on recovered evidence for multiple UK Police groups that will be used to convict criminals who steal cash-in-transit boxes, and to repatriate recovered SigNature DNA-marked money to its original owners.

APDN's CEO, Dr. James Hayward, added: "We are immensely proud to be a significant part of this regional development contract that will involve a wide range of potential projects based on our SigNature DNA Anti-Counterfeit Program. Our European subsidiary, centered in the UK, will pursue further business development with OEMs and security integrators, as well as governments, corporations and consumers throughout the region. The benefit of the funding is to lower any barrier to entry for our regional customers, by also providing partial funding to the customer for expenses during pre-commercial pilot work. We look forward to the opportunity to successful market engagement and accelerated routes to revenue."

Applied DNA Sciences Inc

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