Health

Qosina heading to Dr. Atkins’ former digs

Qosina Corp., an Edgewood-based distributor of components for the medical device and cosmetics industries, is moving its headquarters to a Rechler Equity Partners building near MacArthur Airport in Ronkonkoma. The firm currently operates from two facilities totaling about 90,000 square feet in the Heartland Business Center in Edgewood. It will take 95,000 feet in a 206,000 Rechler facility on Orville Drive, once home to Atkins Nutritionals, the no-carb diet people. The relocation is expected to…


Henry Schein CEO Stanley Bergman

Henry Schein takes a bite of Danish

Henry Schein is going to Denmark. The Meville-based healthcare products distributor announced Tuesday it is acquiring a majority share of Jorgen Kruuse A/S, Scandinavia’s largest veterinary products distributor. Financial terms of the deal were not disclosed, by Henry Schein said it would acquire 85 percent of the company, which reported $90 million in 2014 sales. The Kruuse family will hold onto a 15 percent stake. The deal is expected to close in the third quarter…


Vasomedical’s big move into on-demand tech

By GREGORY ZELLER // Vasomedical’s acquisition this month of a Florida-based managed network provider named NetWolves may serve as a template for the future of U.S. health care. A big view, for sure, but it comes from Jon Linkous, CEO of the American Telemedicine Association, a Washington-based nonprofit promoting the use of remote medical technologies. Citing the evolution of interactive, on-demand technology in other industries, Linkous believes “health care is next,” and says the acquisition…


NYU Langone and Huntington Med Group partner

NYU Langone Medical Center has acquired Huntington Medical Group, one of the largest practices of its kind on Long Island, in a move that keeps step with the changing healthcare environment from hospital-based to local ambulatory care. The Huntington practice has been a prominent fixture since the 1950s. The practice is open 365 days a year, sees approximately 1,000 patients each day, and is known for offering patients comprehensive, personalized healthcare services under one unified system….


Henry Schein CEO Stanley Bergman

At Henry Schein, good Fortune continues

Henry Schein’s big year continues: Not only did the Melville-based health care products distributor land Thursday on the Fortune 500 list for the 11th consecutive year, but it moved up five spots from its 2014 ranking. Henry Schein reported net sales of $10.4 billion in 2014, good for No. 287 on Fortune’s annual listing of the nation’s top public companies. Last year, the company was ranked No. 292. It was the latest glad tiding in…


Taking North Shore-LIJ to market

By GREGORY ZELLER // With two spinoffs in play and as many as 10 waiting in the wings, the North Shore-LIJ Health System is ramping up its commercialization efforts at STAT speed. In particular, a series of ambitious collaborations between North Shore and the Cleveland Clinic – a nonprofit, multispecialty medical center melding hospital care with research and education – are beginning to bear commercial fruit. Speaking at a Long Island Association event on Thursday,…


SetPoint Medical

Feinstein’s vagus research takes plenty of nerve

BY GREGORY ZELLER // What happens in vagus doesn’t actually stay there. Or at least that’s the theory behind electrical stimulation of the vagus nerve, a long cranial bundle that extends from the brain to the abdomen. Medical science is just scratching the surface of the therapeutic value of vagus stimulation, but new studies suggest it goes far beyond the treatment of certain forms of epilepsy and depression, two longstanding targets of vagus manipulation. Dr….


In tattoo removal, it’s all about thinking backwards

By GREGORY ZELLER // If you’ve ever wanted a tattoo but balked at that whole, you know, forever thing, hang on. Joseph Miccio is back at the drawing board. In 2013, Miccio – then a freshman in Stony Brook University’s School of Medicine – took third place in SBU’s Dare to Risk Entrepreneurship competition with his invention of  Sonink, a tattoo ink that can be broken down by ultrasonic waves. Although he was bested by…


Hofstra-North Shore LIJ Medical School

Hofstra-NSLIJ med school graduates first class

The Hofstra North Shore-LIJ School of Medicine graduated its first class on Monday, sending 30 pioneering students off to post-graduate residencies at North Shore, Duke University Medical Center, Yale-New Haven Hospital, the University of Southern California and Memorial Sloan-Kettering. They will work in a variety of specialty areas, ranging from internal medicine and pediatrics to emergency medicine, orthopedic surgery and psychiatry. Established in 2008, the School of Medicine is the first allopathic medical school to open…


Symbiotoc Health CEO Gerard Honig

Leading the fight against C. Diff

By GREGORY ZELLER // Researchers battling the insidious clostridium difficile infection are making progress on several new fronts, including a novel “poop pill” developed by Symbiotic Health, a spinoff from North Shore-LIJ’s Feinstein Institute. C. Diff, as it is known, is the most prevalent hospital-acquired infection in the United States and “an immediate public health threat,” according to the Centers for Disease Control. The infection attacks the gastrointestinal tract when broad-spectrum antibiotics fight off infections but…


Henry Schein posts record Q1 2015 results

An all-around great quarter for Henry Schein

The good times roll on at Henry Schein, with the Melville healthcare products distributor reporting record first-quarter results. Net sales for the quarter ended March 28 were $2.5 billion, a 1.4 percent increase over the same quarter a year earlier. The company also recorded a healthy increase in net income: Excluding pretax restructuring costs of $6.9 million, first-quarter net income was $108.4 million ($1.28 per diluted share), a 6.2 percent increase over 1Q 2014 net…


Henry Schein CEO Stanley Bergman

Henry Schein’s $11 billion niche

BY GREGORY ZELLER// Even for a company as large as Henry Schein, months don’t get much bigger than this. On April 17, one of Long Island’s best-known brands marked its first month on one of the planet’s most prestigious stock indexes. Henry Schein announced March 16 that it had been selected by S&P Dow Jones Indices to join the S&P 500, following Long Island’s Kimco Realty, Cablevision Systems Corp. and Pall Corp. Next came word…


Feinstein partnering with Australian pharma

The Feinstein Institute for Medical Research has inked a partnership deal with Novogen, an Australian pharmaceuticals giant and parent company of San Diego-based MEI Pharma, which produces a growing list of anti-cancer drugs already in the clinical stage. The collaboration is intended to develop new pharmaceutical treatments to battle brain cancers, which are currently treated by surgical removal, which traumatizes surrounding healthy brain tissue, and chemotherapy, which is limited by the brain’s natural defenses against…


jobs available in New York

State’s job board sets record on tech employment

Tech-based jobs rule the roost on New York State’s Jobs Express website, an online resource looking to connect the unemployed with companies in search of fresh blood. According to the state, the Jobs Express site has set a new record with over 115,000 private-sector positions listed – and a healthy portion of those jobs are technology-related, falling into categories such as “Computer and Mathematical,” “Healthcare Technical” and “Healthcare Support.” The Jobs Express site (www.jobs.ny.gov) sorts…


CSHL's Bruce Stillman

North Shore-LIJ, CSHL in cancer partnership

Cold Spring Harbor Laboratory and North Shore-LIJ announced a joint cancer research and treatment effort that is designed to speed the region’s most-promising research to patients. The affiliation will better connect researchers at CSHL and North Shore’s Feinstein Institute for Medical Research and provide patients for clinical trials of the latest treatments, linking scieentists with more than 200 oncologists at North Shore-LIJ’s Cancer Institute. Cold Spring Harbor CEO Bruce Stillman called the paertnership a “transformative…