News

Missiles, cars, leather … finally, biotech pushes pills

By GREGORY ZELLER // A biotech with a penchant for leather, foreign automobiles, high-tech weaponry and next-gen digital imaging is finally getting around to pharmaceuticals. Actually, that’s not true – Stony Brook-based Applied DNA Sciences has already this year announced multiple pharma-nutra-focused forays, including the production of DNA chains for in-vitro diagnostic and DNA-based therapeutic research purposes. But in announcing a technology license memorandum of understanding with Pennsylvania-based “hard dose” specialist Colorcon Inc., Applied DNA…


IDA’s numbers look right to Broadridge Investor Coms

By GREGORY ZELLER // An investor-communications specialist will upgrade and expand in Suffolk County, with a little help from the county’s Industrial Development Agency. The IDA on Thursday gave preliminary approval to a transaction that would help Broadridge Investor Communication Solutions, a subsidiary of Lake Success-based Broadridge Financial Solutions, renovate two existing Suffolk County offices and make equipment upgrades at three of the subsidiary’s properties. Among the projects on Broadridge Investor Communication Solutions to-do list:…


Long Island REDC rebounds with ‘Top’ $84.3M haul

By GREGORY ZELLER // The Long Island Regional Economic Development Council is back on top, once again ranked as a “Top Performer” in Albany’s annual REDC sweepstakes with a hefty $84.3 million haul. That’s terrific news for the “priority” and “regionally significant” projects on the LIREDC’s 2017 wish list, which included funding for a waterfront revitalization effort in Greenport, a new technology-focused Digital Ballpark business incubator in the Wyandanch Village development and 31 other projects…


Debrief: Bill Lindsay III is on a manufacturing mission

Lack of skilled workers and overregulation are among the issues undercutting Long Island manufacturers. And they’re in the crosshairs of the Long Island Manufacturing Task Force, unanimously approved this month by the Suffolk County Legislature. Legislator William Lindsay III (D-Bohemia), who introduced the task force bill, will chair the pro-production panel, formed in response to 8,000-plus job openings at Long Island factories (as counted by the Long Island chapter of the Workforce Development Institute) and…


Old St. Trick: Naughty Nomorobo traps telemarketers

By GREGORY ZELLER // ’Twas the month before Christmas, and all through the land, robocalls haunted every woman and man – until Santa stepped in, and exacted a little robo-revenge. Welcome to A Very Nomorobo Christmas, a slightly offbeat holiday tale that spritzes pine-needle scent all over a somewhat brilliant marketing scheme that gives customers (and potential customers) an entertaining reason to come back and visit, while adding whole new dimensions to “jolly” St. Nick….


CSHL conference lands a bull’s eye on Lyme detection

By GREGORY ZELLER // A gaggle of academic, public health and commercial-healthcare specialists gathered under Cold Spring Harbor Laboratory’s mighty banner have published findings that could rewrite the book on Lyme disease detection. When the laboratory-diagnostics experts convened for a 2016 Banbury Center meeting – such gatherings, held at CSHL’s on-campus think tank, are generally regarded among the best international scientific workshops – they focused on Lyme, and specifically, earlier detection of a disease that…


Northwell, Cigna work it out, call off divorce

It turns out reports of Northwell Health’s split with the Cigna Health and Life Insurance Co. have been somewhat exaggerated. That very nearly wasn’t so: The health system’s hospitals, physicians, laboratories, home-health providers and other facilities and services came this close to parting ways with Cigna. But all Northwell doctors and facilities will remain in the Cigna fold as of Jan. 1. With renewal negotiations at an impasse and the current contract between the New…


Clots (or not) to be thankful for in HeartMate advance

By GREGORY ZELLER // A cutting-edge Manhasset hospital is the first in the region to offer new hope to patients with advanced heart failure, in the form of a revolutionary implanted pump. North Shore University Hospital’s Sandra Atlas Bass Heart Hospital has become the first on Long Island equipped to implant the Heartmate 3, the newest generation of a left ventricular assist device developed by Illinois-based medical-device maker Abbott Laboratories. Built to provide full heart…


Icon, journalist, husband, father, friend

A cornerstone of Long Island journalism for the past two decades, Innovate Long Island founder and Publisher John Kominicki passed away early Tuesday after a brief illness. He was 62. Kominicki, who spent 15 years as publisher of the regional business journal Long Island Business News, launched the Innovate LI website in 2015. Earlier this year, he was also named publisher and executive editor of the Long Island Press, where he helped revive the publication’s…


Applied DNA is talking Turkey (and West Africa, too)

By GREGORY ZELLER // Applied DNA Sciences is in one of those modes again: another week, another big leap into a potentially lucrative geographic or vertical market. This week, it’s geographic, with a new federal mandate in the Republic of Turkey aiding the Stony Brook biotech’s efforts to develop new business there. Applied DNA on Tuesday announced plans to introduce DNA-tagged fertilizer to Turkey and countries in West Africa and Asia, amidst strong interest in…


Debrief: Feinstein’s busy Bouton strengthens his grip

It’s been a busy two years since Chad Bouton left independent R&D giant Battelle and hitched his wagon to the Feinstein Center for Medical Research, joining forces with bioelectronics pioneer and Feinstein Center honcho Kevin Tracey. But perhaps no stretch has been busier than this last month, in which the director of Feinstein’s Center for Bioelectronic Medicine earned the top prize in Northwell Health’s Innovation Challenge (with his NeuroGuard device) and headlined a TEDxHofstraUniversity event…


Northwell sings the praises of $15 million CHIOR

Heralding “an incubator for innovation,” Michael Dowling and the Northwell Health system have opened the doors of the Center for Health Innovations and Outcomes Research. Dowling, president and CEO of the New Hyde Park-based health system, presided over a ceremonial ribbon-cutting event in November, officially christening the 20,000-square-foot, $15 million Manhasset facility, part of the Feinstein Institute for Medical Research. Leveraging Northwell Health’s uniquely large and diverse patient population, the CHIOR is designed specifically to…


The case of the $2M (and counting) stay-home dad

By GREGORY ZELLER // Philip Smith follows plenty of leads. It makes sense the Port Jefferson native and lifelong Suffolk County resident would land in the lead-generation business. Smith is a true entrepreneurial detective, more apt to study a problem than to charge ahead, always picking up clues to unravel the bigger mystery. It’s evident throughout his tactical business career. After earning an online degree from the University of Phoenix, the then-23-year-old started his first…


With first national campaign, an even bigger Mission

By GREGORY ZELLER // Sprinting out of the Walk Before You Can Run File comes Dean DeCarlo, who’s landed a first-ever national account for his upstart digital-marketing firm Mission Disrupt Ltd. While the big-time score – developing a national digital strategy for ACCSES NJ, a not-for-profit advocating for persons with disabilities in New Jersey – comes several weeks before the Westbury startup’s second anniversary, DeCarlo and his team took the slow-and-steady route to winning the…


As biopharma blossoms, ace DNA producer locks in

By GREGORY ZELLER // Applied DNA Sciences has long proclaimed textiles – your cotton shirt, your leather shoes and the industries that produce them – as its primary vertical market, the ideal sector in which to apply its patented DNA-based security and authentication protocols. But a wholly different use for its coveted DNA supplies may soon eclipse textile-tracking as the Stony Brook biotech’s primary moneymaker. That’s the word from President and CEO James Hayward, who…