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Monday, March 2, 2020

Applied DNA Sciences up 70% premarket on coronavirus vaccine plan

Thinly traded nano cap Applied DNA Sciences (NASDAQ:APDN) is the latest company to jump on the coronavirus bandwagon. Shares are up 70% premarket on increased volume on the heels of its announcement that four DNA vaccine candidates will be produced for preclinical testing using its proprietary PCR-based DNA manufacturing systems.
Majority-owned subsidiary LineaRx will develop the candidates, including one against COVID-19, with Takis Biotech.
https://seekingalpha.com/news/3547323-applied-dna-sciences-up-70-premarket-on-coronavirus-vaccine-plan

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