Applied DNA Sciences ships $1.15 mn order in Q3FY18
Applied DNA Sciences, Inc., a provider of molecular technologies, has shipped a $1.15 million order in third quarter of fiscal 2018 ended June 30, 2018 to tag cotton in the upcoming 2018-2019 ginning season. The order for the company’s SigNature platform technology will be used to tag, test and track three US cotton varietals, Pima, Acala and Delta.
“We are pleased that ongoing efforts to build the market for tagged, traceable and sustainable cotton are converting into new orders across all three main US varietals, reflecting recurring use of tagged cotton across the home textile category,” said Dr James A Hayward, president and CEO of Applied DNA. “As brands and retailers continue to deploy strategies and technologies to ensure brand protection, label compliance and consumer assurance, our molecular taggant technology platform is ideally positioned to protect their supply chains by providing assurance of quality and provenance, and helps brands guarantee claims with certainty.”