Applied DNA Sciences

Nathan’s stumbles, Orbit soars in quarterly reports

  NATHAN’S FAMOUS INC. Headquarters: Westbury Industry: Consumer services Nasdaq: NATH Reporting Date: June 8, 2018 Reporting Quarter: 4Q FY2018 Quarter Ended: March 25, 2018 Numbers: Reported fourth-quarter revenues were $19.90 million, up 3.4 percent from the $19.23 million reported for the same quarter last fiscal year. But quarterly net income fell sharply – to $367,000, down 49.6 percent from the $729,000 reported for 4Q FY2017 – and fourth-quarter earnings per diluted share followed, dropping…


No. 304: The Piano Man ages, the yacht club sets a new course and Feinstein’s codebreakers show some real nerve

Happy National Bike to School Day: And a glorious National School Nurse Day to you, dear readers, part of what we trust is a peaceful and joyous National School Nurse Week. It’s May 9, 2018, and together we’re hurdling the hump of another busy week of Long Island socioeconomic progress. Drawing board: We come to you today on the 264th anniversary of a truly noteworthy innovation – the very first newspaper political cartoon, which appeared…


Morning of a thousand stars

(Photos by Bob Giglione) A dazzling array of sensational scientists, energetic entrepreneurs and regional rainmakers gathered April 24 for the 2018 Innovator of the Year Awards. Innovate Long Island’s third-annual innovation celebration, held at the Crest Hollow Country Club in Woodbury, honored 2018 Master of Innovation Michael Faltischek, senior partner at Uniondale law firm Ruskin Moscou Faltischek and chairman of the Long Island Angel Network. The breakfast banquet also recognized more than 40 of the…


No. 296: Welcoming Whiteley, smartening schools, terminating data thieves and seeing the ‘forest bathing’ for the trees

And down the stretch they come: Welcome to Friday, dear readers, with the finish line and another well-deserved weekend in sight. Happy Chakri Day, commemorating the establishment of the Chakri dynasty, to our readers in Thailand. In Indonesia, have a very happy National Fisherman’s Day. Congress is now in session: Happy anniversary to the U.S. Congress, which held its first-ever regular session on April 6, 1789, in New York City’s Federal Hall. Film at 11:…


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…


No. 295: Schein spins out, Marcum surveys CEOs, FalconStor soars west, and how San Diego can save Long Island

Welcome to Wednesday: Over the hump we go, dear readers, and a special hello to new subscribers Heather, Lincoyan, Alan, Nick, Chris, Kimberly, James and Aamir. We couldn’t do it without you. Well, we could, but nobody would know. Now that you’re part of the family, drop us a line at editor@innovateli.com and tell us what you think. Story tips and calendar suggestions thrill us beyond words. Spring break: It’s April 4 out there and…


No. 291: Bond and Bueller age, Farrell Fritz looks north and a Stony Brook specialist fills a pathological need

Yes, it is the first full day of spring: Despite copious meteorological evidence to the contrary, spring has sprung. The March (or Northward, or Vernal) Equinox occurred just on schedule around midday Tuesday, with an almost exact amount of daylight and night yesterday across most latitudes on Earth. This “Winter Storm Toby,” however, will have none of it, with Tuesday-evening models suggesting one of the strongest East Coast winter storms of this brutal season, and…


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…


Matching state grants boost regional SBIR innovators

A Stony Brook University-based small-biz booster program is doubling down on federal Small Business Innovation Research award winners. Through a $1.2 million Empire State Development Corp. incentives package administered by the university’s Small Business Development Center and the Research Foundation for SUNY, SBU has released the first set of matching grant funds to SBIR awardees in Nassau and Suffolk counties. Four regional companies benefited from a total of $50,000 released this round, including Farmingdale-based vaccination…


No. 288: On awards season, Opportunity Zones, international patents and dumpster fires

Snow kidding: Another whitewashed workweek is in the books, dear readers, and if you thought Wednesday’s surprise snowstorm was a shocker, just be glad you weren’t in England 127 years ago today. That’s when the Great Blizzard of 1891 began its tear across the UK. Featuring 15-foot snowdrifts and crippling winds, the five-day snowmageddon is blamed for the deaths of 200 people and more than 6,000 animals. According to the story, snow piles were still…


No. 287: MDs on the fast track, IPS in the Smithsonian, new hope for the nipple and ESD doesn’t mean to brag, but…

Welcome to Wednesday: And over the hump we go, dear reader, as another week of innovation and socioeconomic progress plows forward. And we do mean plows. When’s spring start, anyway? Passing Go: March 7 is another big date for historical innovation. Charles Miller kept them in stitches when he patented the first U.S. sewing machine in 1854, Alexander Graham Bell let his fingers do the walking when he patented the telephone in 1876, and while…


Applied DNA journeys deeper into India, and pharma

By GREGORY ZELLER // A new professional collaboration will deepen a Long Island biotech’s ties with global pharmaceutical and nutraceutical manufacturers. Stony Brook-based Applied DNA Sciences has signed a memorandum of understanding with India-based global pharmaceutical conglomerate ACG Worldwide, which is tapping into the Long Island firm’s molecular-based authentication services. The MoU – which is “expected to be followed by a definitive agreement,” according to Applied DNA – will apply the biotech’s SigNature molecular tagging…


No. 282: Honest Abe’s Day Off, stepped-up Suffolk septic systems and a sunny future for cloudy beer

Congratulations, dear reader: You’ve successfully completed another workweek. Your reward: two glorious days without conference rooms or deadlines – or three, if yours is among the 34 percent of U.S. offices closing for Monday’s President’s Day holiday. While students, teachers and virtually all government employees enjoy the day, President’s Day – which kind of floated into fashion in the 1970s, replacing the traditional observances of Washington’s and Lincoln’s birthdays – has actually fallen behind Martin…


No. 279: A new flu review, taking the fight to tuberculosis and why your fish might really like a cold beer

Welcome to Wednesday: And over the hump we go, dear readers, with another week of Long Island innovation and socioeconomic progress in full swing. It was 179 years ago today, on Feb. 7, 1839, when U.S. Senator Henry Clay of Kentucky – warned that a speech would offend abolitionists and pro-slavery factions alike, and could cost him the presidential election – told Congress, “I had rather be right than be president.” The nose knows: Walt…


No. 276: John Kominicki remembered and Island manufacturing re-imagined, with just two minutes left until the apocalypse

Happy Friday, everyone: And welcome to another well-earned weekend. Tribute To A Friend Friends and colleagues of Innovate Long Island founder John Kominicki are invited to a memorial remembrance on Sunday, Feb. 18, from 4 to 6 p.m. at Crest Hollow Country Club in Woodbury. We will talk, share stories and celebrate his life. Friends may remember that John liked to dress casually, and had a couple of sartorial preferences: a silk pocket square stuffed…