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Broadridge, Chembio shine, Applied DNA stumbles

  APPLED DNA Sciences Headquarters: Stony Brook Industry: Biotechnology Nasdaq: APDN Reporting Date: Aug. 13, 2018 Reporting Quarter: 3Q FY2018 Quarter Ended: June 30, 2018 Numbers: Reported third-quarter revenues were an even $1 million, down 44.4 percent from the $1.8 million reported for the same quarter last fiscal year. Total quarterly operating expenses were $3.6 million, down 14.2 percent from the $4.2 million reported for 3Q FY2017, but the company still posted a net loss…

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For Northwell employees, the drugs are in the mail

By GREGORY ZELLER // Good news for Northwell Health employees, who can now receive their prescription medications through the mail. Vivo Health Pharmacy, a specialty drug dispensary operated by the New Hyde Park-based health system, on Tuesday announced the launch of an innovative prescription-med mail-order program. While certain Northwell Health patients have enjoyed that benefit for some time, the new program makes mail-order prescriptions available to all Northwell Health employees. That’s a fairly substantial undertaking:…


Stony Brook rock star pitches in on Mars modules

By GREGORY ZELLER // With this month’s discovery of liquid-water lakes resting beneath the ruddy surface of Mars, humankind took another giant leap toward the potential colonization of the Red Planet. Mars is not Earth’s closest planetary neighbor. That distinction belongs to Venus, which – at its closest orbital point – is just 23.6 million miles away, compared to Mars’ closest pass at 35.7 million miles. But with a sulfuric-acid atmosphere and a surface temperature…


Hempstead IDA’s busy (and slightly familiar) summer

By GREGORY ZELLER // We may be entering the dog days of summer, but the Town of Hempstead Industrial Development Agency is hardly lying down on the job. The local IDA recently greenlighted two incentives deals designed to spur economic development, one in the Village of Valley Stream and one in the Village of Hempstead, both of which are part of Hempstead Town. The deals involve a residential complex and a retail site – less-common…


Collaboration cooks up unique ‘Food as Health’ effort

By GREGORY ZELLER // From the You Are What You Eat file comes a New York State first: a hospital-based initiative designed to comprehensively address hunger-related issues. The New Hyde Park-based Northwell Health system and Bethpage-based Island Harvest Food Bank have announced the launch of Food as Health, a unique effort to address “the full range of factors that can lead to food insecurity,” according to Northwell Health, including poverty, lack of nutritional awareness, difficulty…


Stony Brook docs earn school’s first PanCAN grant

By GREGORY ZELLER // A private grant from a national support network will help Stony Brook University researchers explore a new therapeutic target in the war against pancreatic cancer. The California-based Pancreatic Cancer Action Network – a registered 501(c)3 organization with offices in Los Angeles, New York City and Washington – has awarded a $500,000 grant to Stony Brook Medicine Pathology Chairman Kenneth Shroyer and Assistant Professor Luisa Escobar-Hoyos. Shroyer, who is also Stony Brook…


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…