Schumer: Biz-development funds big deal for SBU
By GREGORY ZELLER // New York’s two U.S. Senators, including the freshly minted Senate minority leader, are heralding a series of competitive U.S. Department of Commerce grants that will fund…
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President Donald Trump and your taxes
By EDWARD McWILLIAMS// Donald Trump was elected the 45th president of the United States on Nov. 8 after an election season that focused heavily on taxes – both the president-elect’s…
‘NBTY Inc.’ is gone forever, though not really
Possibly sensing it had the cart before the horse, Ronkonkoma-based NBTY Inc. has announced an immediate corporate name change. The 45-year-old manufacturer and distributor of vitamins, nutritional supplements and beauty…
Patent secured, heartfelt app-maker stays tuned
By GREGORY ZELLER // An East Islip startup on the edge of financial ruin – and the brink of mobile-tech greatness – has taken a big step forward. Science Mobility…
At Chembio, looking beyond the numbers
By GREGORY ZELLER // While it made “important advances … intended to prepare the company for growth,” according to its CEO, Chembio Diagnostic Systems has suffered another subpar fiscal quarter….
Activists to ‘mobilize’ if Trump attacks environment
By GREGORY ZELLER // If you thought the campaign was a battle, just wait until the presidency – and that’s just on the environmental front. With the world coming to grips…
CEO: Despite turbulent 3Q, CPI Aero set to climb
A 19 percent drop in revenues and 29 percent dive in net income marked a third-quarter bottom-line stumble for CPI Aerostructures, though company officials – referencing a “front-loaded” 2014 contract…
Time-tripping to ice cream’s past, and a hot future
By GREGORY ZELLER // I scream, you scream … but only Richard Blech screens for ice cream. It’s taken Blech years of diligent Internet searches to assemble the yesteryear fleet…
Applied DNA Sciences closes $5 million stock deal
Applied DNA Sciences has closed a roughly $5 million deal with “a single healthcare-dedicated institutional investor,” the company announced late Monday. The Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication specialist…
Big plans in Minneapolis, but IPS still loves LI
By GREGORY ZELLER // With a three-year-old Seattle office growing steadily and a new shingle hanging in the middle of Minnesota’s red-hot digital-medicine ecosystem, Intelligent Product Solutions is in full-on…
Napco Security locks up another winning quarter
The hot streak continues for Napco Security Technologies, which rode an 80 percent leap in net income to set a new first-quarter revenue record. Reporting Monday on the first three…
Debrief: Edward Guiliano’s NYIT victory lap
Since the circa-1910 New York Technical Institute was rechristened the New York Institute of Technology in 1955, it’s had three presidents: Alexander Schure, his son Matthew Schure and Edward Guiliano,…
Spotlight on ThermoLift’s Gen-2 Prototype
By GREGORY ZELLER // ThermoLift’s second-generation TC-Cycle has made a whirlwind multistate debut. Representatives of two U.S. Department of Energy laboratories traveled to Michigan in October to check out the…
Five healthy years later, Rockin’ on in Hauppauge
By GREGORY ZELLER // New blood and a new order-fulfillment deal are part of the growth formula for Rockin’ Wellness, a feel-good story dancing to its own tune. Embracing a…
In Brazil, a big forward step for Chembio
The national health-regulatory agency of Brazil has approved commercial use of Chembio Diagnostics’ rapid field rest for the Zika virus – a major step toward selling the product in the…