PCI pioneer is big score for Hofstra Northwell
By GREGORY ZELLER // A major-league surgeon credited with pioneering the use of stents to promote blood flow in compromised heart valves is now wielding her scalpel – and next-level…
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Applied DNA: Cotton, leather and finally making hay
By GREGORY ZELLER // It’s not quite a return to the company’s financial halcyon days, but Applied DNA Sciences may have finally turned a corner. Yes, the Stony Brook-based supply-chain,…
With Albany’s help, all’s well in Ocean Beach
The Village of Ocean Beach will get a backup freshwater supply, thanks to a $3.7 million boost from Albany. The package – which includes a $1.9 million zero-interest loan and…
At Zucker Hillside, a new focus on behavioral crises
Reducing emergency room visits by patients suffering long-term psychiatric disorders is the main thrust of a new “crisis center” on the Nassau-Queens border. The Northwell Health system has cut the…
Belly up: NYIT monitor is a gastric breakthrough
By GREGORY ZELLER // Two years after winning a lucrative federal grant to study the human gastric system, New York Institute of Technology assistant professor Aydin Farajidavar has put that…
Slightly off, Planet Payment comes back to Earth
By GREGORY ZELLER // Planet Payment’s first quarter fell just short of analyst expectations – but the company is still on course for what would be a record-setting year. Reporting…
Down, but hardly out, at comeback-primed Chembio
By GREGORY ZELLER // Operating and net losses that more than tripled year-over-year tell only part of the story of Chembio Diagnostic Systems Inc.’s first quarter. That was the message…
Babylon IDA gets serious about affordable housing
The Babylon Industrial Development Agency has adopted a “landmark provision” designed to address one of the Long Island innovation economy’s great needs: affordable housing. The Babylon IDA on Tuesday passed…
Stellar sales, tax break propel Henry Schein’s 1Q
By GREGORY ZELLER // They sure grow fast at Henry Schein Inc., where a seemingly endless expansion has led to another record quarter. Reporting Tuesday on the first quarter of…
Like a Spinal Tap amp, Beer Week delivers a bit more
By JIM McCUNE // Long Island Craft Beer Week kicks off this Friday and, despite its name, runs a full 10 days. Launched by local craft beer entrepreneurs and beer-passionate…
For med-tech innovators, everywhere is MIDI ground
By GREGORY ZELLER // They’ve been to bigger shows, but for partners Christopher and Gregory Montalbano – the road warriors of Long Island medical-product innovation – this was as good…
Sanford’s $5M gift ignites LIU entrepreneurship
BY GREGORY ZELLER // A $5 million grant from a distinguished philanthropist has Long Island University riding high atop the regional innovation wave. With a boost from celebrated entrepreneur T….
Debrief: Learning as we go with Imin Kao
On-the-job learning has never been a problem for Stony Brook University engineering professor Imin Kao, who directs the university’s Strategic Partnership for Industrial Resurgence and in January succeeded Jeffrey Saelens…
New director for busy Business Incubator at Calverton
By GREGORY ZELLER // Stony Brook University’s Business Incubator at Calverton has a new head honcho. Chris Kempner, a former executive director of the Town of Riverhead’s Community Development Agency,…
Predicting pushback, gov advances consolidation plan
By GREGORY ZELLER // With the federal government set to deliver a crippling tax blow to Long Islanders, Gov. Andrew Cuomo backed word with deed Thursday, setting in motion his…