Applied DNA Ships First saRNA IVT Template Generated By Linea DNA Platform
Portfolio Pulse from Benzinga Newsdesk
Applied DNA Sciences, Inc. (NASDAQ:APDN) has successfully manufactured and shipped its first research use only quantity of self-amplifying mRNA (saRNA) template generated by its Linea DNA platform to an unidentified preclinical therapeutic mRNA developer. The company's platform can efficiently produce the challenging DNA sequences necessary to produce saRNA, putting it at the forefront of template manufacturing for this promising and growing mRNA modality.
November 09, 2023 | 2:29 pm
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POSITIVE IMPACT
Applied DNA's successful manufacturing and shipping of its first saRNA template, along with its platform's ability to efficiently produce challenging DNA sequences, could position the company favorably in the growing mRNA modality market.
The news of Applied DNA successfully manufacturing and shipping its first saRNA template is a positive development for the company. This, along with the efficiency of its platform in producing challenging DNA sequences, could potentially enhance the company's reputation and market position in the growing mRNA modality market. This could lead to increased business opportunities and potentially positive impact on its stock price in the short term.
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