Canon USA pumps $40M into Mass.-based biotech
By GREGORY ZELLER // Melville-based imaging giant Canon USA has reaffirmed its commitment to the healthcare sector, to the tune of $40 million. That’s how much the global imaging-solutions provider…
Medical devices
Economic development with surgical precision
By GREGORY ZELLER // With design in its DNA, MIDI Medical Product Development has a long commercialization history. With its new Innovation Center, the veteran Smithtown maker is focused squarely…
SynchroPET gets an A in U of Buffalo testing
Stony Brook-based SynchroPET has taken another step toward unprecedented, simultaneous PET/MRI imaging. By placing a PET camera into the bore of an existing MRI machine – that’s the chamber where…
Henry Shein ‘pleased’ with Q1’s 10% sales jump
They’re off to the races once again at Henry Schein Inc., where healthy increases in net sales and net income highlighted a strong first quarter. Coming off a stellar 2015,…
Have a lumbar sciatica? You want the O-Arm
By GREGORY ZELLER // The first Long Island spinal surgeries incorporating a state-of-the-art “intraoperative surgical imaging system” have been successfully completed, with many more to come. In early March, Robert…
At Northwell, a $100K slam dunk
By GREGORY ZELLER // Fans of the NCAA Men’s Basketball Tournament will help dictate the course of scientific research at Northwell Health. A new multimedia contest featuring television commercials and…
For allergy sufferers, treatment is now at hand
By GREGORY ZELLER // Most allergy-related emergencies stem from some simple problem. When a patient can’t find his auto-injector, or doesn’t know how to use it, or the medication inside…
Henry Schein shines in Q4, full year
An impressive rise in adjusted earnings per share highlighted 2015 fourth-quarter and year-end financials released Wednesday by Henry Schein Inc. For 4Q 2015, which ended Dec. 31, the global healthcare-products…
Northwell readies move into 3D markets
By GREGORY ZELLER // With 3D printing rapidly redefining what’s medically feasible, the Northwell Health system is rushing to study the commercial possibilities. Not only are scientists at the Feinstein Institute…
Schein inks distribution deal for diabetes products
A new U.S. distribution agreement puts a Long Island healthcare-products stalwart in the thick of the fight against type 2 diabetes. Global medical-technology provider Medtronic has selected Henry Schein Medical,…
Henry Schein posts leap in net profits
Melville-based Henry Schein reported an 11.3 percent jump in net profits for the third quarter on Wednesday. And that despite an $8.4 million pre-tax restructuring charge. Net profits were $127.7 million, or…
Schein acquires Italian dental firm
Another day, another acquisition of a company with annual revenues in the $40 million range. Just one day after announcing the acquisition of a majority share of Pennsylvania-based animal-health software…
Applause for Steven Patrikis’ 3-D Tetra-Hand
By GREGORY ZELLER // NYIT junior Steven Patrikis, on course for a bachelor’s degree in mechanical engineering next fall, already knows what he wants to do professionally, even if he’s…
Chembio lands $2.1M grant from Microsoft’s Allen
Medford-based Chembio Diagnostics has been awarded a $2.1 million grant from Microsoft co-founder Paul G. Allen to develop a speedier test for fevers, including Ebola and malaria. The one-year grant, from…
With VNS, additional strides in controlling epilepsy
By GREGORY ZELLER // Dr. Ashesh Mehta, head of North Shore-LIJ’s epilepsy care center, performed two surgeries on July 24, one fairly routine, one a bit less so. For now,…