With $150M ante, Albany all-in on LI’s BioGenesis Park
By GREGORY ZELLER // A whopping nine-digit state investment will spark a groundbreaking Cell and Gene Therapy innovation hub on Long Island. Albany is anteing up $150 million – including…
biotech
Bioscience ‘roller coaster’ racing toward new heights
By TOM MARINER // Broad Hollow Bioscience Park has already contributed mightily to Long Island’s “bio” ecosystem – and an old friend of regional commercialization is poised to take it…
Time passes, but some hiring principles never change
By TOM MARINER // Tom’s three rules of employment: Hire great people Tell them what you do Get the hell out of the way Although an obvious simplification that ignores…
Seeing is remembering (or, you light up my neurons)
By GREGORY ZELLER // Straight from the fusiform gyrus (bridging the bases of the temporal and occipital lobes) comes the human brain’s innate ability to recognize faces, a fairly mysterious…
Applied DNA ups ante, again, with Clinical Labs spinoff
By GREGORY ZELLER // One of Long Island’s busiest biotechs has spun off another local startup, this time focused on testing its own potential breakthroughs. Stony Brook-based Applied DNA Sciences,…
In vagus research, the long-term odds just went up
By GREGORY ZELLER // The latest bioelectronics breakthrough from the Feinstein Institutes for Medical Research is a long story. Literally. But it’s a good one: For the first time, electric…
Codagenix scores big with $20M Series B round
By GREGORY ZELLER // A stellar $20 million investment round has blasted a Long Island biotech into the stratosphere, and a new tax bracket. Farmingdale-based Codagenix Inc., a 2012 startup…
At MIDI, taking the cutting edge on the road
By GREGORY ZELLER // Nearly a year after giving itself a massive home-field advantage, MIDI Medical Product Development is putting in some roadwork. Last week, it was Medical Device &…
Novel Parkinson’s Procedure Pumps Up NSUH
By GREGORY ZELLER // They’re dancing in the aisles, literally, at North Shore University Hospital, thanks to a revolutionary treatment for Parkinson’s disease. Surgeons at the Manhasset hospital, part of…
Applied DNA Taking it to Swedish car thieves
By GREGORY ZELLER // Let this be a warning to Swedish car thieves: Applied DNA Sciences is on the case. Through Safesolutions AB (bring your Swedish or try the Google…
Pharm hand: Why Rechler Equity is big on biotech
By GREGORY ZELLER // Anyone still doubting the importance of the pharmaceutical and biotech industries to the Long Island economy should take a peek at Rechler Equity Partners’ portfolio. This…
Tech plays center stage in latest funding contest
With visions of a thriving innovation economy front and center, Long Island business and academic leaders are shooting for $105 million in commercialization funds through the annual Regional Economic Development Council…
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’s vagus research takes plenty of nerve
BY GREGORY ZELLER // What happens in vagus doesn’t actually stay there. Or at least that’s the theory behind electrical stimulation of the vagus nerve, a long cranial bundle that…
The Debrief: Teri Willey, Cold Spring Harbor Lab
Venture capitalization veteran Teri Willey came to Cold Spring Harbor Laboratory 18 months ago on a mission: to turn the lab’s life-altering science into bona fide business. As co-founder of…