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Applied DNA and Colorcon to team up with technologies to combat counterfeit pharmaceuticals

Published 12/18/2017, 07:09 AM
© Reuters.  Applied DNA and Colorcon to team up with technologies to combat counterfeit pharmaceuticals
APDN
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  • Applied DNA Sciences (NASDAQ:APDN) and Colorcon ink a technology license memorandum of understanding (MOU) combining Applied DNA's molecular taggant and authentication technology with Colorcon's portfolio of film coating systems, inks and color dispersions for use in solid oral dose forms for pharmaceutical and nutraceutical firms.
  • The collaboration is aimed at commercializing a platform for traceability directly on the pill or capsule to reduce the risk of counterfeit and falsified medications entering the drug supply chain.
  • The MOU is non-binding, but a formal agreement should be signed shortly.
  • Now read: Theravance Biopharma: A High Risk-Reward Investment Opportunity


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