News

Applied DNA added to Russell Microcap Index

A new index listing has Applied DNA Sciences anticipating new growth – and increased exposure to potential financiers. The Stony Brook-based biotech firm, which provides botanical-DNA-based security and authentication, has joined the Russell Microcap Index, one of several indexes operated by global investor-index publisher FTSE Russell. Applied DNA was named to the Microcap Index June 26 as part of FTSE Russell’s annual index reconstitution. The Russell Microcap Index measures the performance of the microcap segment…


Keen stepping down as Farmingdale prez in ’16

Farmingdale State College President W. Hubert Keen will step down next June after nearly nine years in office. Keen, 70, led the school through a period of significant enrollment growth, the expansion of academic programs and a nearly $200 million construction and renovation project that transformed the look and feel of the college, which began as a two-year agricultural school. “Everyone has his or her time, and now it is my time,” Keen said. “I’m…


SBU officially opens $40M computer center

Stony Brook University is lifting the curtain on its new Computer Science Building. The $40.8 million center – designed to accelerate SBU’s collaborative research in bioinformatics, smart energy, cyber engineering, physical sciences and biomedicine – unofficially opened in May, but SBU will celebrate its arrival Wednesday with an open-house event featuring laboratory tours, faculty demonstrations and discussions led by SBU President Samuel Stanley and Department of Computer Science Chairman Arie Kaufman. Measuring over 70,000 square…


Buncee goes to the head of the class

By GREGORY ZELLER // Buncee is putting the “e” in education. Educators across the country are embracing the Calverton-based company’s “digital canvas,” which was originally designed as an e-greeting-type multimedia communications tool but has emerged as an award-winning educational resource. Buncee has become so popular as a teaching tool, in fact, that the company is in the process of rolling out an education-specific platform called Buncee for Edu. With some features not expected to go…


At clean-gen startup ThermoLift, the heat is on

By GREGORY ZELLER // With a new roster of heavy-hitting contributors, an advanced prototype being readied for field tests and significant fundraising in the bank – plus another major investment pending – the folks at clean-gen startup ThermoLift are fired up. The company, a resident of Stony Brook University’s Advanced Energy Research and Technology Center, is certainly thinking big. With its natural gas-powered heat and cooling pump, three-year-old ThermoLift aims to redefine the energy world, making…


Debrief: Diane Fabel, Center for Biotechnology

As honcho of the 30-year-old Center for Biotechnology – a catalyst for the development of biomedical technologies and companies located on the Stony Brook University campus – Diane Fabel wears many important hats: facilitator, organizer, manager, sometimes even referee. And since the center is the lead administrative organization behind the three-headed Long Island Bioscience Hub, uniting SBU and the Cold Spring Harbor and Brookhaven National laboratories, she also plays a critical role in the development…


Biamonte bringing BNL data tech to market

By GREGORY ZELLER // The CEO of Green Sulfcrete, an environmentally friendly concrete alternative, is looking to cement himself in the big-data industry. Through Startup America – a White House initiative to celebrate, inspire and accelerate high-growth entrepreneurship throughout the nation – Green Sulfcrete CEO William Biamonte has paid “a couple grand” for the option to license a proprietary Brookhaven National Laboratory technology developed to move massive amounts of data pouring out of the lab’s…


No Picture

The Inventors: Solomon Wasserman and the actually-keep-you-dry raincoat

By GREGORY ZELLER // If there’s one thing a raincoat should do, it’s keep you dry in the rain. But they don’t, actually, or at least not from about the knees down. As Solomon Wasserman discovered on his way to the synagogue one rainy Saturday morning, and again on the way home. “I got wet below my thigh, and my shoes were full of water,” said Wasserman, a Ukrainian immigrant, by way of Moldova, who now…


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…


Bioscience Hub readies $8.4M funding effort

By GREGORY ZELLER // The Long Island Bioscience Hub has announced plans to award $8.4 million in grants to local startups bringing bio-medical breakthroughs to market. The hub is a coalition led by the state’s Center for Biotechnology at Stony Brook University and includes SBU, Cold Spring Harbor Laboratory and Brookhaven National Lab. It was launched in April with a $3 million grant from the National Institutes of Health. Since then, the group has added…


On the web? Zuznow has an app for that

By GREGORY ZELLER // One of the world’s busiest mobile-app makers is on the move. Zuznow, an Israeli firm ranked by tech-industry watchdog Gartner Analysts as a Top 10 vendor in the mobile-app space, is relocating from Tel Aviv to Stony Brook, where it’s one of the newest residents of the Center of Excellence in Wireless and Information Technology. The Tel Aviv facility will remain open, continuing to perform R&D functions and serve Israeli and…


With beer buses, as with great brews, less is more

By GREGORY ZELLER // The wheels in Brad Darrohn’s head go round and round. Although the LI Brew Bus started rolling only three weeks ago, the guided tours of Long Island’s microbrew scene are “going very well,” according to Darrohn, a media specialist at Bohemia online marketing firm Fishbat and the Brew Bus creator. However, Darrohn and his team are already working to streamline operations and add new attractions – nothing worse, the thinking goes,…


At NYIT, LaunchPad gets back to basics

LaunchPad Long Island, the chain of independently operated co-working spaces, has wandered a little far afield from an original focus of tech-centric startups, but its latest space at NYIT Old Westbury’s campus will be hyper-focused on young companies working in Internet applications, bioengineering and other technology fields. “If you came to me with a consumer product like a new heel for a shoe, you might be able to get some desk space or help in Great…


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…


The Inventors: J.J. Valenti and the J-Tray

By GREGORY ZELLER // Joseph “J.J.” Valenti understands the ups and downs of the contracting industry. As a 20-year veteran of painting and carpentry projects, the solopreneur has climbed and descended his trusty ladder more times than he can count. And he knows the importance of being steady on the top rung – and not just himself, but his trusty tools as well. The lesson was driven home about three years ago, when the flimsy…