Molecular destiny: Following up on their December memorandum of understanding, Pennsylvania manufacturer Colorcon and Stony Brook biotech Applied DNA Sciences have inked a new licensing deal.
By GREGORY ZELLER //APRIL 5, 2018

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.