Applied DNA Sciences, Inc. (NASDAQ:APDN) (the “Company”), a leader in polymerase chain reaction (“PCR”)-based technologies, announced that its wholly-owned clinical laboratory subsidiary, Applied DNA Clinical Labs, LLC (“ADCL”), has initiated analytical validation of a Company-developed, PCR-based monkeypox virus test that is specific for the genetic signature of the monkeypox virus. The test has been developed as a type of NYSDOH Laboratory Developed Test (“LDT”). If the test is validated by ADCL, a validation package will be submitted to New York State Department of Health (“NYSDOH”) for approval. If approved, the test will be used to power ADCL’s monkeypox testing services.
Why Nio Stock Is Falling Today
NIO Inc (NYSE: NIO) shares are trading lower Monday amid a resurgence in COVID-19 cases in China.
Recent outbreaks have caused casinos, among other businesses, to close in Macau. Fears that new lockdowns could be implemented are crippling China-based stocks today.