TOP O’ THE WEEK
Good Monday, innovators, and welcome all new readers of this roundup. There’s a lot of you. It’s April 20, on which date Miro was born, the Bay of Pigs invasion failed and the Curies refined radium. Top that. The radium thing, we mean.
THE MONDAY DEBRIEF
If working together is so bad, why does the Diamond District do so well? That and other hard questions – and many of the answers – from MindYolk CEO Paul Lipsky. InnovateLI here: http://bit.ly/1IwIwQn
Hofstra University is shaking up this year’s $100,000 student business-plan contest, touted as one of the country’s richest. Seventeen teams are in the running, with prizes awarded at an April 29 Shark Tank-styled pitch-athon. We check in with tech challenge sponsor Mike Seiman, a Hofstra grad who founded digital services provider CPXi. http://bit.ly/1bdbhGU
QUE VOLA, HAVANA
Biotech, software, financial services, air travel and yogurt are among the New York businesses joining Gov. Andrew M. Cuomo on his inaugural trade mission to Cuba this week. Some politicians, too. And, hey, it’s the anniversary of the Bay of Pigs invasion. Details at InnovateLI: http://bit.ly/1DXLLAJ
FOOD CHANNEL INCLUDED
Verizon’s FiOS Custom TV, which debuted yesterday, lets you pay for channels you watch and not the ones you don’t. The move is the latest attempt to introduce flexibility in the face of a barrage of new streaming rivals. You get 35 channels for $55 per month, with 10-channel add ons available for $10. ESPN is already claiming the new service violates its contract. NYT’s Emily Steel: http://nyti.ms/1DXZqI1
DON’T FORGET TO
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Researchers are testing an innovative blood test that allows them to monitor shards of cancer DNA in patients, offering real-time proof that a treatment is working as well as a way to monitor if the cancer develops resistance. All without a traditional biopsy. The Times’ Gina Colata: http://nyti.ms/1HIkbsL
From Marc Herbst at last week’s LIMBA confab: State gasoline taxes are more than 59 cents per gallon. But those revenues are routinely raided by other state agencies and less than a quarter of the money actually goes to road repairs and infrastructure. BTW, more than 60 percent of Long Island bridges don’t meet safety minimums.
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PRIVATE HEALTH CARE
Sen. Kemp Hannon has introduced a bill that would establish a pilot program for privately owned health care companies. The bill calls for up to 10 test corporations, which must be teamed with a university medical school, of which we have two. Gov. Cuomo had pushed a similar plan but met Assembly opposition. The bill here: http://bit.ly/1bd8U6R
The FDA has approved the first generic substitute for Copaxone, a widely used drug for multiple sclerosis. The agency is looking for competitive pricing in the MS drug inventory, where prices have tripled – to more than $60,000 a year for some – even as more products have hit the market. The Times’ Andrew Pollack: http://nyti.ms/1H7g9Lk
THE GREEN RUSH
New York’s new marijuana law, set to take effect over the coming year, doesn’t leave a lot of room for entrepreneurs, but there’s opportunity for those who think beyond the obvious. Software for pot POS systems, for example, vapor pens and energy-efficient lighting for indoor grow houses. Crain’s Matthew Flamm: http://bit.ly/1bdaYfl
Canada’s Arctic Glacier ice company is building a 75,000-square-foot Hicksville plant, capable of cranking out 450 tons a day, in a partnership with Long Island’s venerable ice masters, the Nuzzolese Brothers. Newsday’s Tom Incantalupa with the chilling details: http://nwsdy.li/1O5Hq5d
Syracuse’s Stanfort J. Perry has been tapped to become executive director of AHRC Nassau, one of the Island’s largest service providers for the developmentally disabled. He’ll replace Michael Mascari, who retires at the end of the year after 26 years. Newsday’s Christine Giodano with a Q&A: http://nwsdy.li/1bh2zYT
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Google flips the switch on its latest search algorithm update tomorrow, favoring websites that are mobile-friendly, like InnovateLI.com. Sixty percent of web traffic now comes from mobile, so it makes sense, but experts fear small businesses who haven’t had time to update – or never got the word – will bear the brunt.
GOOD NEWS, ASPCA
Researchers at UofC’s San Diego School of Medicine have created an in vitro, live-cell artificial blood vessel that can be used to study and perfect devices used to extract life-threatening blood clots in the brain. The artificial vessel could be a boost to the development of future endovascular technologies, possibly eliminating the need for animal testing. For the layman: http://nyti.ms/1DXZqI1 If you know what a thrombectomy is: http://bit.ly/1Ouib7h
BELOW THE FOLD
A RED WITH THE CASSOULET, PLEASE
Turns out centenarians have much in common. They move their bodies a lot, have social circles that reinforce healthy behaviors and take time to de-stress. They’re part of communities, often religious ones, and they’re committed to their families. Oh, and they consume lots of beans and wine. From NPR: http://n.pr/1H2pnsp
Will you make it? Tom Perls’ Living to 100 Calculator is here: http://bit.ly/1bh7gSy
He may have brought his son, Jake, on board, but inveterate tinkerer James Dyson is not slowing down. The vacuum cleaner king’s plans for robotics, software and taking on Google from Financial Times’ John Gapper and Tanya Powley: http://on.ft.com/1bh0qwl
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