China patent, new tech heat ThermoLift’s summer
By GREGORY ZELLER // Technological advances and a first-ever international patent have made for a hot summer at ThermoLift, which is closing in rapidly on critical field tests for its…
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Waiting on ginning season, Applied DNA dips
Stony Brook-based Applied DNA Sciences reported another down quarter Thursday, with company officials blaming declines on shifting demands for the biotech’s proprietary security solutions. Reporting results for the third quarter…
As a brain beverage, Alpha Wolf stands alone
By GREGORY ZELLER // From the Future Physician, Heal Thyself file comes the promising tale of Alpha Wolf LLC and its brawn-meets-brains founder, who was really tired of being tired….
Sales drop, tax bite sting Chembio Diagnostics
Medford biotech Chembio Diagnostic Systems Inc. took it on the chin in the second quarter, with steep losses attributed to declining sales for its infectious-disease detectors and a one-time, multimillion-dollar…
Stony Brook Medicine, Mount Sinai Health team up
Academic synergies and accelerated discoveries are the promise of a new research collaboration pairing Stony Brook Medicine and the Mount Sinai Health System. Stony Brook University and New York City-based…
Strong 2Q for ageless BioSpecifics Technologies
Significant progress in its clinical-development programs – and a chunky opt-in payment from a major international partner – won’t affect BioSpecifics Technologies Corp.’s financial fortunes until the third quarter, but…
A food movement grows in Amagansett
By GREGORY ZELLER // There’s fresh thinking and then there’s the Amagansett Food Institute, which operates well ahead of the food-innovation curve on its mission to promote regional producers. Just…
Following acquisition, global gains for Cemtrex
Thanks in part to a key international acquisition, Cemtrex Inc. surged through the third quarter of its 2016 fiscal year – the second straight three-month stretch featuring huge sales and…
National stage for SBU’s computer-science center
By GREGORY ZELLER // Stony Brook University’s cutting-edge Institute for Advanced Computational Science will play a key role in a national effort to give Big Data power to thousands of new…
A fresh idea that’s doing well (and doing good)
By GREGORY ZELLER // Ten-thousand donated meals, three boroughs and two ousted competitors later, OurHarvest is still talking fresh. Seems it’s always growing season at the 2014 Hicksville startup, which…
New quarter, familiar fortunes for Henry Schein
It was another solid spring for Henry Schein Inc., which reported its second-quarter financials to investors Thursday. Setting the tone in the quarter ended June 25 were year-over-year gains in…
Women take the lead in entrepreneurial activity
U.S. startup activity jumped 15 percent over the past two years, led by growth among women, millennials and minorities, according to a just-out report from the Kauffman Foundation, which has been…
Another strong quarter for Planet Payment
Slight year-over-year declines in net income and earnings dulled Planet Payment’s second-quarter financials, but reported revenues were strong – and the comfortably profitable company remains on-course for significant growth, according…
Gov introduces $16M ‘Clean Communities’ fund
A new state initiative will pour millions into local governments looking to reduce energy consumption and promote community-based clean-energy projects. Gov. Andrew Cuomo on Wednesday announced the launch of Clean…
Sloan Kettering facility green-lighted
The Hempstead Town board approved a site plan for Memorial Sloan Kettering’s proposed $140 million outpatient treatment and research facility at Mitchel Field as part of the so-called Nassau Hub…