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Applied DNA Sciences

Earnings October 14, 2019

With disappointing 2Q, bumpy takeoff for Park Aero

  PARK AEROSPACE CORP. Headquarters: Melville Industry: Composites manufacturing NYSE: PKE Reporting Date: Oct. 10, 2019 Reporting Quarter: 2Q FY2020 Quarter Ended: Sept. 1, 2019 Numbers: Second-quarter sales were reported as $13.7 million, a 22.3 percent increase from the $11.2 million reported for the same quarter last fiscal year. But quarterly net earnings (down 22.2 percent, to $2.1 million) and both basic and diluted earnings per share (each down from 13 to 10 cents) were…

Biotech September 19, 2019

‘Linear DNA’ combo shows punch in cancer fight

By GREGORY ZELLER // Mark another impressive victory for LineaRX, this time in a two-front battle against cancer. The Stony Brook-based biotech with innovation in its DNA (literally) has lent its unique DNA-sequencing technology to two vaccine-candidate tests run by Italian R&D company Takis Biotech, which is hot on the trail of new therapeutic cancer vaccines. It might be catching up. On Thursday, LineaRX announced that both vaccines – each produced in “linear DNA” form…

Newsletters September 6, 2019

No. 435: Kicking off, sinking vs. swimming and justice for all (fraud victims, that is)

  End run: Welcome to Friday, dear readers, and the last leg of this busy late-summer workweek. It’s Sept. 6 out there, and if you had the Mayflower departing Plymouth, England, and setting a course for history on this date in 1620, well done! A half-crown and two shillings for you; please contact our Awards Department for more information. Are you ready for some football? It’s Unification Day in Bulgaria and Armed Forces Day in…

Biotech September 5, 2019

Down is up at Applied DNA, with the good stuff

By GREGORY ZELLER // An aggressive Long Island biotech is getting down, literally, with another global textiles supplier. Stony Brook-based supply-chain security specialist Applied DNA Sciences announced Thursday a new sales and marketing partnership with Navarpluma, a premier supplier of down and feathers to worldwide textiles manufacturers. Financial terms of the deal were not disclosed, but this latest collaboration with an international partner will see Applied DNA’s SigNature DNA molecular-tracking system applied to Navarpluma’s products, which…

Newsletters August 16, 2019

No. 430: Growing up fast, helping Northwell’s ‘dependents’ and plugging Innovation Park

  In country: You’ve done it again, intrepid innovator – another workweek in the books, another weekend on tap. It’s Aug. 16 on Long Island and around the world – and soon to be Friday Night in Dixie, as noted by Rhett Atkins. The hills are alive: To our readers in Kyoto, a blessed Gozan no Okuribi, the traditional Aug. 16 “send-off fire” concluding Japan’s annual Obon festival and ushering visiting spirits back to the…

Newsletters August 14, 2019

No. 429: Classic cartoons, downtown dreams and the nitrogen nuisance – plus, it curves!

  Middle ground: It’s Wednesday, dear readers, and you’re halfway through this latest summery week of socioeconomic innovation. Keep it up. Today is Aug. 14, and if you had the real-life, rebellious Macbeth killing his cousin, King Duncan I (in battle, not in bed), and assuming the Scottish throne on this date in 1040, glè mhath! Here’s a voucher for 100 silver sceats, redeemable in the casino. Best laid plans: To our many readers in…

Mergers & Acquisitions August 12, 2019

For Applied DNA, new blood – and a shot in the arm

By GREGORY ZELLER // Just 11 months after spinning off from its parent company, a Stony Brook startup with expansion in its DNA has made its first corporate acquisition. LineaRX, a subsidiary of Applied DNA Sciences, has acquired the physical assets and intellectual property of Vitatex Inc., a private biotech with close ties to Stony Brook University and a patented method of isolating Invasive Circulating Tumor Cells in standard blood samples – spotting metastatic cells…

Newsletters July 12, 2019

No. 420: Wheels up in Suffolk, Alda’s new Discovery, a vagus wedding and the survey says…?

  You win: The Friday finish line approaches and you’ve done it again, dear reader – another steamy workweek in the books, another well-earned weekend on tap. It’s July 12 out there, and if you had the Ottoman Empire capturing Euboea in Central Greece on this date in 1470, finally ending the month-long Siege of Negroponte, aferin sana! Here’s your receipt for 50 silver akçe, redeemable anywhere on the third-floor promenade. Freshly squeezed: To our…

Newsletters July 10, 2019

No. 419: Kittens, coladas, Tesla and DNA-infused inks – plus, dialing back the Nassau IDA

  Welcome back: Here we are, dear readers, back on the beat as Summer 2019 heats up and we hustle through another busy week of socioeconomic innovation on Long Island and around the world. It’s July 10 out there – both National Kitten Day and National Piña Colada Day, an undeniably sweet combination. Ssshhh: To our readers who are also devout followers of 20th century Indian avatar Meher Baba – who famously kept his mouth…

Biotech July 9, 2019

For secure signatures, DNA is mightier than the sword

By GREGORY ZELLER // One of Long Island’s busiest biotechs has (literally) inked an exclusive security deal with a leading global penmaker. Stony Brook-based Applied DNA Sciences this week announced a five-year agreement with German manufacturer Montblanc-Simplo GMHB, master of not only “luxury writing instruments,” according to the Hamburg-based company’s website, but a wide range of watches, jewelry, eyewear, leather goods and other personal (and personalized) products. Pens, however, will be the focus of the…

Newsletters June 21, 2019

No. 416: An SBU president, a Habitat Suffolk milestone, and raising a Glassdoor to Island CEOs

  Spring forward: And maybe add a somersault, dear readers, as we vault into summer – and leap into the waiting arms of another well-earned weekend. It’s Friday, June 21, and to our readers in the Southern Hemisphere, bundle up. The solstice with the mostess: Of course, that means it’s the summer solstice for us northerners – the longest day of the year (daylight-wise), New Year’s Day (for ancient Egyptians) and chock full of other…

Newsletters June 19, 2019

No. 415: On Cheerios, Stooges, smarter schools and ignored internships – plus, action in Innovation Park 

  Sunny disposition: Welcome to Wednesday, dear readers, and the final Innovate LI newsletter of Spring 2019. That’s correct – whatever soggy gloom the Weather Channel predicts, summer officially begins Friday. And of course, the innovation forecast is always warm and bright in here. Pista Y ang Kagueban: It’s June 19 out there, and before we dive in, welcome new newsletter subscribers Frank, James, Leslie, Robert, Philip, Naraj, Thomas, Peter, Rachel, Glenn, Nina, Sarah, Louis…

Biotech June 17, 2019

With synthetic opioids lurking, DNA detector scores

By GREGORY ZELLER // With synthetic opioids increasingly implicated in the alarming number of drug-overdose deaths plaguing the nation, a stalwart Long Island biotech’s DNA-based tracking technology has received a major endorsement. The peer-reviewed scientific journal PLOS ONE has published a paper by Stony Brook-based Applied DNA Sciences on the molecular tagging of pharmaceuticals – a next-gen supply-chain authenticator that Applied DNA considers unforgeable, inescapable and particularly useful in a world where counterfeit drugs are…

Newsletters May 17, 2019

No. 406: Building Bridgeworks, accentuating AI, big bucks in Bethpage – and only Applied DNA could go to China

  Finish line: The end of another busy workweek is upon is, dear readers, and the start of another well-earned weekend. It’s May 17 out there, and if you had the hometown Wallachians driving the invading Ottoman Empire out of southern Romania on this date in 1395’s Battle of Rovine, kudos – 150 silver groschen have been credited to your account. You say potato: Today is IDAHO, but it has nothing to do with Gem…

Newsletters April 5, 2019

No. 394: On cancer centers, secure weed and Asian affairs (plus: naughty books in Huntington)

  Don’t know how you do it: But you’ve done it again, dear reader – it’s Friday and you’re sprinting toward the finish line of another busy workweek, with another well-earned weekend in the offing. Nicely done. It’s April 5 out there, and if you had Alexander Nevsky’s Russian forces turning back the Teutonic Knights in the Battle on the Ice on this date in 1242, pozdravlyayu! The state gratefully collects 200 rubles on your…