Applied DNA Sciences, Inc has signed a new licensing agreement with Himatsingka America, Inc, which is a part of the Himatsingka Group.
"This new agreement represents a strengthened partnership between Applied DNA and Himatsingka, as both companies are committed to meeting the need for supply chain traceability, transparency and trust within the cotton industry. Applied DNA is looking forward to continuing to work with the Himatsingka Group, and we are excited at the opportunity to expand market awareness and implement the technology into additional cotton supply chains." stated Dr James A Hayward, President and CEO of Applied DNA.
Commenting on the development, Shrikant Himatsingka, the Managing Director & CEO – Himatsingka Group, said: "We look forward to taking the Applied DNA technology platform global and continuing to bring cutting edge track and trace capabilities to benefit stakeholders across the cotton value chain. The Himatsingka Group will leverage its world-class manufacturing and distribution capabilities to ensure that these innovations by Applied DNA find their place across global shelves and penetrate new categories of products."