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Applied DNA Sciences

Earnings November 19, 2018

Earnings dip, but sales soar in Henry Schein’s busy 3Q

  HENRY SCHEIN INC. Headquarters: Melville Industry: Healthcare Nasdaq: HSIC Reporting Date: Nov. 6, 2018 Reporting Quarter: 3Q FY2018 Quarter Ended: Sept. 29, 2018 Numbers: Reported net sales for the third quarter were $3.27 billion, up 3.8 percent from the $3.16 billion reported for the third quarter of last fiscal year. Net quarterly income was reported as $121.4 million (79 cents per diluted share), down 12 percent from the $138 million (and 9.2 percent from…

Newsletters October 31, 2018

No. 353: Don’t be scared, it’s just our Halloween edition (featuring spacemen, blood machines and ghost chickens)

  In the spirit: Welcome to Wednesday, fearless readers, the midpoint of another busy week of socioeconomic innovation and the start of another holiday season. It is, of course, Oct. 31, a date that needs no introduction – though whether Halloween is a pagan ritual dating back to Celtic Druids, as many believe, or actually a Christian creation is open to some debate. Boo: Either way, the first jack-o-lanterns were made from turnips, the fear…

Biotech October 30, 2018

Applied DNA makes its bed, U.S. retailers to jump in

By GREGORY ZELLER // Inspired by Applied DNA Sciences’ molecular-tagging technology, a global textiles manufacturer is climbing into bed with the “circular economy.” Actually, India-based GHCL Ltd. has already bedded the so-called circular economy (referencing a regenerative system in which waste and emissions are minimized by narrowing energy and material loops, mostly through recycling and manufacturing upgrades). The manufacturer is knee-deep in recycled materials, including entire linen lines formulated from recycled polyethylene terephthalate (you may…

Biotech October 16, 2018

At LineaRX, putting the horsepower behind the CAR T

By GREGORY ZELLER // Marking a big step in the war against cancer, a Stony Brook-based startup has initiated pre-clinical development of a non-viral, plasmid-free chimeric antigen receptor modified T-cell manufacturing platform. In English: A novel platform designed to develop and manufacture new pharmaceutical treatments, including treatments for different forms of cancer. The tech comes from LineaRx Inc., a wholly owned subsidiary that officially spun off from Stony Brook-based Applied DNA Sciences in September. Noting…

Newsletters October 3, 2018

No. 345: Tinkerers, taxes, the Twist and Long Island’s economic-development wish list

Half-full: It’s Wednesday, dear readers, middle ground of another busy workweek on Long Island and around the globe. A warm welcome this Oct. 3 to new newsletter subscribers Jordan, Anita, Carole, Edward, Renee and Catherine – welcome to the show – and a happy National Techies Day to all. The annual observance, designed to inspire the next generation of techno-tinkerers, marks its 20th anniversary today. Donuts are optional: It’s also National Coffee With a Cop…

Biotech September 28, 2018

International partners looking to grow pot-tagging biz

By GREGORY ZELLER // Two months after introducing the world’s first DNA-based cannabis-tagging system, a Stony Brook biotech and its Canadian partner are looking to increase their stash of legal-marijuana growers. Supply-chain security and product-authentication specialist Applied DNA Sciences and Canadian pharmaceutical-solutions provider TheraCann International Benchmark Corp. this week announced an upgraded system designed to accommodate different sizes and type of growers – particularly larger-volume cannabis and hemp growers. The next generation of TheraCann International’s…

Newsletters September 19, 2018

No. 341: Farming out east, divesting at Applied DNA and skipping the most important meal of the day (plus … Super Lawyers!)

Middle ground: Welcome to Wednesday, friends, and the midpoint of another busy workweek on beautiful Long Island. It’s Sept. 19 out there – Day 730 of the bitter Brangelina divorce proceedings, which kicked off when Angelina Jolie filed for divorce from Brad Pitt two years ago today. Stay tuned. Shofar, so good: It started at sundown Tuesday and lasts through sundown today, when they’ll be blowing the ceremonial ram’s horn at synagogues around the world….

Biotech September 18, 2018

With new spinoff, biotech goes all-in on DNA sales

By GREGORY ZELLER // A Stony Brook biotech with a growing international reputation for supply-chain security has spun off a new company focused on DNA modification and production. Stony Brook-based Applied DNA Sciences on Tuesday announced the formation of LineaRx Inc., a wholly owned subsidiary that will concentrate on commercializing the parent company’s extensive experience in the design, manufacture and chemical modification of DNA by large-scale polymerase chain reaction – big news for scientists working…

Newsletters September 12, 2018

No. 339: Innovation (and procreation) in Russia, the ‘Best Colleges’ on Long Island and strange things on Cynthia Nixon’s bagel

Fair-to-middling: Welcome to Wednesday, dear readers, and the midpoint of another exciting workweek. We trust yours is, at least, slightly above average. It’s Sept. 12 out there, marking the international observance of Mindfulness Day, which promotes the notion of careful consideration. Why don’t you just think about that for a bit. Putin the “Mother” in “Mother Russia”: It’s also the Day of Procreation in Russia, which stems from a 2006 speech in which Vlad the…

Newsletters August 15, 2018

No. 331: A retail first at Roosevelt Field, phone calls from outer space and why dumping debris in LI waters is good (sometimes)

Hump-hopping: Welcome to Wednesday, dear readers, as we speed through another exciting (and mercilessly damp) week of socioeconomic innovation. It’s Aug. 15 out there, and today we observe the 73rd anniversary of Victory Over Japan Day. Sorta. (It could be Aug. 15, the date Japan officially announced its surrender, but it could also be Aug. 14 – the surrender date in the States, because of time zones – or possibly Sept. 2, the date Japan…

Newsletters August 8, 2018

No. 329: Edison and Zapata meet the Rain Man, and a Stony Brook startup is filling in 3D printing’s blanks 

Welcome to Wednesday: And the midpoint of another sweltering summer workweek. It’s Aug. 8, and baby, it’s hot out there. Maybe this will cool you down: There are only 138 shopping days until Christmas. Put a smile on that face: It’s also Father’s Day in Mongolia and Taiwan and International Cat Day everywhere – and in the United States, Happiness Happens Day (it’s real), which was started in 1999 by the Secret Society of Happy…

Newsletters July 25, 2018

No. 325: Prime time for Whole Foods, a big score for LI colleges and playing it safe with coyotes

Middle ground: Welcome to Wednesday, dear readers, and the midpoint of another busy (and sticky!) summer workweek. X factor: It’s July 25 out there, a big date for suspending the freedom of the press, eliminating legislators’ ability to amend laws and otherwise silencing political enemies. Of course, that’s a reference to France’s King Charles X, who signed the infamous July Ordinances on July 25, 1830 – a questionable move that led to massive social protests…

Biotech July 24, 2018

For Applied DNA, ETCH Biotrace may be a pot of gold

By GREGORY ZELLER // Just six months after announcing a partnership to develop a new molecular-tracking system, a Long Island biotech and a Canadian medical-marijuana supplier are launching the world’s first cannabis tagging system. Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication specialist Applied DNA Sciences and Calgary-based pharmaceutical-solutions provider TheraCann International Benchmark Corp. on Tuesday announced the launch of ETCH Biotrace, which leverages Applied DNA’s CertainT platform to tag, test and track cannabis plants “in…

Newsletters July 13, 2018

No. 322: On P.T. Barnum, Sinatra, Julius Caesar and Han Solo – and why Stony Brook’s CEBIP is shaking with excitement

It’s Friday the 13th: And there’s absolutely nothing to be afraid of, dear readers – in fact, it’s time to celebrate, with another productive week of socioeconomic innovation in the books and another weekend upon us. Triple play: As a bonus, this particular Friday the 13th also includes a very rare supermoon solar eclipse. With the moon as close as it will get to Earth this year and in its New Moon phase (meaning it’s…

Biotech July 12, 2018

In Applied DNA’s new UL partnership, it’s safety first

By GREGORY ZELLER // A new deal with a worldwide safe-sciences leader will expand a Long Island innovator’s already-impressive global reach. Illinois-based UL, known primarily as Underwriters Laboratories for most of its 124-year history, has reached a “commercial agreement” with Applied DNA Sciences that will “lay the foundation for a significant new development in product authentication and supply-chain traceability,” according to a statement from Applied DNA. Financial terms were not disclosed, but the partnership will…