News

Memo to Applied DNA: It’s payday in Pennsylvania

By GREGORY ZELLER // Memorandums of understanding are swell and all, but for a scrappy enterprise forever waging a bottom-line battle, nothing beats getting paid. So, Stony Brook-based Applied DNA Sciences should be very happy to receive the first of two “milestone payments” accompanying the March 31 signing of a new licensing deal with Pennsylvania manufacturer Colorcon Inc. Announced Thursday, the license and cooperation agreement grants Colorcon the exclusive worldwide right to add Applied DNA’s…


Stanford legend earns ‘Fame’ from alma mater SBU

By GREGORY ZELLER // A global computer-science legend has received top honors from the Long Island college where he earned his highest academic degrees. Stanford University President Emeritus John Hennessy was inducted Thursday into the Stony Brook University College of Engineering and Applied Sciences Hall of Fame. Hennessy, a longtime professor of electrical engineering and computer science, earned his master of science degree (computer science, 1975) and his PhD (1977) from the SBU engineering college….


Willey walks, Whiteley takes on CSHL tech transfer

By GREGORY ZELLER // A seasoned veteran of scientific- and medical-research commercialization has taken over Cold Spring Harbor Laboratory’s technology-transfer operations. The laboratory announced Tuesday that life sciences business leader Andrew Whiteley has succeeded Teri Willey as vice president of business development and technology transfer. Willey, who took the reins of CSHL’s Business Development & Technology Transfer Office in late 2013, stepped down March 12 to oversee a new philanthropic venture fund based in Indiana….


Canon USA earns EPA Energy Star recognition

By GREGORY ZELLER // One of Long Island’s largest private employers has earned the U.S. Environmental Protection Agency’s nod as a public-health leader. Melville manufacturer Canon USA is one of 163 organizations – including Fortune 500 companies, schools, hospitals, retailers, builders, commercial building owners and others – who will be honored as 2018 Energy Star Partners of the Year. The partners are recognized for outstanding contributions to public health and the environment. One of only…


Debrief: In San Diego, a socioeconomic blueprint for LI

From Innovate LI’s San Diego office… (no, just kidding, we wish). But indeed from San Diego comes a regional innovation saga with surprisingly familiar themes. You might not think it at first blush, but California’s San Diego County and Long Island have lots in common: a crippling 20th century departure by the aerospace industry, a strong university-based innovation pulse, healthy tourism numbers and more. The difference between the two economies is in the timing –…


Ten finalists to shoot for Hofstra-Digital Remedy gold

By GREGORY ZELLER // Ten finalists – including eight solo acts and two team efforts – will square off for three top slots (and more than $70,000 in prizes and working capital) when the 2018 Hofstra-Digital Remedy Venture Challenge hosts its final showdown April 20. The finalists were selected by a panel of esteemed judges during the semifinal round of the annual business plan pitch-a-thon, held this week at the Hofstra University Center for Entrepreneurship’s…


Ready to roll, MunchMoney already tastes the big time

By GREGORY ZELLER // Several different fuses lit Chris Kane’s lightbulb moment, but if there’s a recurring theme in this origin story, it’s his own munchies. Kane, now the CEO of MunchMoney Inc., was following a fairly familiar arc – a finance and mathematics degree from James Madison University, a burgeoning career as an administrator with Hauppauge-based Gemini Hedge Fund Services. But his stomach was rumbling, literally and figuratively. “Entrepreneurism is something I always wanted…


In new Janam mobile, same strength, twice the input

By GREGORY ZELLER // The tough guys (and gals) at Janam Technologies are at it again, introducing another user-friendly upgrade to their rugged-computing mix. The Woodbury-based tech firm – which infuses its handheld computers, gun-shaped scanners and RFID readers with a break-it-if-you-can bravado – on Thursday announced “the newest and most powerful addition” to its family of XM mobile computers: the XM75, which offers both keypad and touchscreen functionality, a rarity in the bashable world…


NYSERDA, Israeli innovators ink clean-energy pact

By GREGORY ZELLER // A new collaboration between New York State’s advanced-energy gurus and Israel’s top innovation agency will look to speed clean-energy breakthroughs to global markets. Speaking Tuesday at Advanced Energy Conference 2018 in New York City, Lt. Gov. Kathleen Hochul announced a new Memorandum of Understanding between the New York State Energy Research and Development Authority and the Israel Innovation Authority. The partnership will “accelerate the pace of innovation in the global (clean-energy)…


At SNCH, a bellyful of practice with risky pregnancies

By GREGORY ZELLER // Expectant South Shore mothers enduring high-risk pregnancies have a new resource. South Nassau Communities Hospital has opened a new Center for Maternal Fetal Medicine adjacent to its Oceanside campus, self-billed as “the only dedicated center of its kind for high-risk pregnancies on the South Shore of Nassau County.” Staffed by obstetricians and “maternal fetal medicine sub-specialists,” the $3 million center is stocked with advanced diagnostic and treatment technologies designed specifically for the…


AEC focuses global attention on next-gen generation

By GREGORY ZELLER // The future is imminent for AEC 2018, the Advanced Energy Conference that will unite global energy leaders, researchers and entrepreneurs in New York City on a quest for cleaner and smarter energy solutions. Presented by Stony Brook University’s Advanced Energy Research and Technology Center and a critical mass of major-league sponsors – leading corporations, regional utilities, top research institutions and more – the 10th annual AEC has adopted “The Future of…


SBU rounds out the curriculum for some bio majors

Stony Brook University now offers a biology degree for students not necessarily enamored with gross anatomy. The university this week announced a new Bachelor of Arts in Biology program that delivers a more basic bio degree – that is, a bachelor’s degree with a wider selection of College of Arts and Sciences minors, but less focus on actual biology. Calling its traditional Bachelor of Science in Biology program – which it still offers – more…


At Marcum, food-biz buddy Biscotti eyes a new kitchen

By GREGORY ZELLER // With a name like Biscotti, he has to be good for the food industry. And Louis Biscotti has been just that, particularly during his five-year run at Woodbury-based accounting giant Mazars USA, where the partner headed up global and national Food and Beverage operations. In that role, Biscotti baked up several business-development programs that enhanced early-stage food and/or beverage enterprises via specialized tax knowhow and other industry-specific professional services. Now, the…


In Albany, an aggressive vertical lunge for Farrell Fritz

By GREGORY ZELLER // A Long Island law firm has made a bold thrust into the Capital District. Uniondale-based Farrell Fritz this week announced the launch of its new Regulatory & Government Relations Practice Group, to be located in the firm’s new downtown Albany office – located just a few strides from the State Capitol and state legislative offices. The new team of key specialists has been assembled specifically to “represent the firm’s clients before…


Applied DNA won’t let the bed thugs bite

By GREGORY ZELLER // You’ll sleep better knowing your gorgeous new bedding comes from 100 percent source-verified recycled plastic. So say global textiles manufacturer GHCL Ltd. and Applied DNA Sciences, the Stony Brook-based biotech that’s infusing its proprietary CertainT platform into the India-based conglomerate’s new Rekoop brand of bedding products. The CertainT molecular tagging and tracking technology will authenticate recycled plastics being spun into metaphorical gold: GHCL’s Rekoop line of bedsheets, pillowcases and shams, debuting…