Clarapath, a robotics company aimed at catalyzing change in the way pathology laboratories process human and animal tissues, announced this week it has raised $32 million in additional funding. The round included The 4100 Group, East Post Road Ventures (Investment Arm of White Plains Hospital), Epiphron Capital, Northwell Ventures, P5 Health Ventures, and participation from other strategic organizations. This brings the total raised by Clarapath to more than $39 million. Clarapath is automating processes around the way tissue is processed onto glass slides via “sectioning,” or cutting a cross-section of the tissue specimen. The company’s first robotic instrument, called SectionStar, […]

Granting a full-scale gaming license for Empire City Casino by MGM Resorts in Yonkers has long been a top priority for the Business Council of Westchester. As co-chair of the “A Sure Bet for New York’s Future Alliance,” the BCW coordinated a major press conference Wednesday at the casino to demonstrate strong community support for New York State to grant a gaming license for Empire City Casino. The news conference, which was emceed by John Ravitz, Alliance co-chair and Executive Vice President and COO of the BCW, featured an impressive line-up of elected officials, labor leaders and business partners who […]

Congratulations to Nikki A. Hahn, MPA who has been named the next CEO of the Women’s Enterprise Development Center (WEDC), an award-winning organization serving Westchester and the Hudson Valley, helping women achieve economic self-sufficiency and financial stability through business ownership and entrepreneurship. For the past three years, Hahn has served as WEDC’s Director of Development and Strategic Initiatives. She will take the reins as CEO on January 1, 2022, replacing Anne M. Janiak, who will continue on with WEDC as a special advisor on an as-needed basis, and remain as executive director of the Westchester Municipal Officials Association. “We are […]

Mobile sports betting is coming to Empire City Casino by MGM Resorts! This week the state Gaming Commission said it will grant mobile sports betting licenses to Bet MGM along with Bally Bet, DraftKings Sportsbook, Caesars Sportsbook, PointsBet, Resorts World, Rush Street Interactive, Wynn Interactive and FanDuel Sportsbook. The commission had a virtual meeting Monday afternoon before confirming the licenses were granted. The gross betting revenue will be taxed at 51 percent, according to LegalSportsReport.com, which first reported the news. FanDuel Sportsbook is the primary applicant for Bally Bet, BetMGM and DraftKings, while Kambi Group submitted applications for the others. “With […]

More good news from BCW member Regeneron Pharmaceuticals which this week released a new analysis of data showing that its monoclonal antibody cocktail known as REGEN-COV is effective against Covid-19 infection. Positive results from a Phase 3 trial jointly run with the National Institute of Allergy and Infectious Diseases showed that the drug reduces by 81.6% the risk of being infected by the Covid-19 virus, SARS-CoV-2. The data are from an ongoing clinical trial in which a group of participants received a 1,200-milligram dose of the drug in four injections administered under the skin. The clinical trial involved 1,683 people who were […]