Discovering a world beyond contract research
By GREGORY ZELLER // Cold Spring Harbor Laboratory spinoff Certerra Inc. is finally getting ready to spin off. Founded in 2011 by CSHL associate professor Pavel Osten and venture capitalist…
Biotech
Hot biotech startup Coferon decamping for Florida
By GREGORY ZELLER // Coferon, a biotech firm headed by former OSI Pharmaceuticals chief Colin Goddard and a rising star in the region’s innovation economy, has abruptly left its incubator…
Envisagenics lands $225K NIH award
Bioinformatics startup Envisagenics has been awarded a $225,000 award from the National Institutes of Health. The Phase I Small Business Innovation Research Award is the largest capital infusion to date…
Zach Lippman has big plans for agriculture
By GREGORY ZELLER // You say “tomato.” Zachary Lippman says “scientific breakthrough of global importance.” He doesn’t literally say it, of course. The associate professor at Cold Spring Harbor Laboratory…
Envisagenics gets $100K in seed funding
By GREGORY ZELLER // Cold Spring Harbor Laboratory spinoff Envisagenics has landed a $100,000 investment from Accelerate Long Island and the Long Island Emerging Technology Fund. Envisagenics, which uses proprietary…
LA startup heading to Stony Brook
A California-based dermatology company is relocating to New York – specifically, to the Stony Brook University campus – as one of 12 new Start-Up NY companies announced Thursday. PhD Skin…
Helping Big Pharma master Big Data
By GREGORY ZELLER // Medicine is making giant strides in the research of ribonucleic acid – RNA for short – a molecule that plays vital roles in the coding, decoding…
Symbiotic Health gets $100K in funding
By GREGORY ZELLER // A spinoff of the Feinstein Institute for Medical Research has snagged a critical $100,000 stake from Accelerate Long Island and the Long Island Emerging Technologies Fund…
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…
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…
With Topspin round, Codagenix steps on the gas
By GREGORY ZELLER // Last year, when local venture firm Topspin chipped in on a $100,000 infusion for Stony Brook-based biotech Codagenix, it gave the startup a fairly clear idea…
Almost 60 years later, still very much a startup
By GREGORY ZELLER // “Innovative” is often associated with “new,” but when it comes to Long Island’s innovation economy, the region’s oldest biopharmaceutical company is leading the pack. With a…
Ackman foundation gives $10M to Cold Spring
Cold Spring Harbor Laboratory has received a $10 million endowment from the Pershing Square Foundation, the philanthropic venture of billionaire hedge fund manager Bill Ackman and his wife, Karen. The…
DEBRIEF: Leo Guthart, Topspin Partners
A Harvard man through and through (BA physics 1958, MBA 1960, doctorate in business administration 1966), Leo Guthart held leading positions at several national corporations before launching private equity fund…
Feinstein, Battelle partner on ‘Neural Tourniquet’
North Shore-LIJ’s Feinstein Institute is partnering with Ohio health giant Battelle on a so-called Neural Tourniquet that will reshape the way doctors staunch blood loss, from the battlefield to the…