Streetbeat News

Partnerships

BAM

Brookfield Asset Management Ltd. (NYSE:BAM) announced a strategic partnership with Soundcore Capital Partners and Heartland Paving Partners to accelerate growth in the Upper Midwest market. This marks Brookfield's first investment through its private equity sponsor solutions strategy, aimed at providing solutions to mid-market buyout sponsors. The partnership is expected to leverage Brookfield's experience in real assets to support Heartland's expansion in the commercial paving sector.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:14 pm

BRKR

Biognosys and Alamar Biosciences have entered into a strategic partnership to expand Biognosys' services with Alamar's NULISA assays and collaborate on scientific research in biofluid-based proteomics. The partnership leverages the complementary strengths of Biognosys' DIA-MS unbiased proteomics platform and Alamar's immunoassay platforms, with findings to be presented at the AACR 2024 Annual Meeting.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:12 pm

ADN

Advent Technologies Holdings, Inc. (ADN) shares are experiencing an uptick following the announcement of a Joint Development Agreement with Siemens Energy. This partnership is expected to focus on the development of enhanced energy solutions, leveraging both companies' strengths in the energy sector.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:10 pm

CRL

Charles River Laboratories International, Inc. (NYSE:CRL) has entered into a GMP plasmid DNA contract development and manufacturing organization (CDMO) agreement with Ship of Theseus to produce GMP grade plasmid DNA for therapeutic use. This collaboration aims to support the development of therapies for a wide range of conditions including diabetic and chronic wounds, neutropenia, psoriasis, androgenetic alopecia, women's health and infertility, and epithelial cancers. The production will be led by Charles River's center of excellence in Keele, United Kingdom.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:09 pm

HCTI

Healthcare Triangle (HCTI) has announced a partnership with Cynomi to enhance cybersecurity measures in the healthcare sector. The financial terms of the agreement were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:07 pm

TSLA

Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), announced the company's willingness to license its Full Self-Driving (FSD) technology to rival automakers. Despite expressing this interest since June, no agreements have been made, with Musk suggesting rivals may not yet believe in the technology's viability. Tesla has begun offering 30-day free FSD trials in the U.S., aiming to showcase the software's capabilities, which currently require driver supervision but are expected to improve significantly by late April or May.

Portfolio Pulse from Anan Ashraf

April 04, 2024 | 12:04 pm

ABOS

Acumen Pharmaceuticals has entered into a collaboration with Lonza for the manufacturing of Sabirnetug (ACU193), a potential treatment for Alzheimer's disease. This partnership covers both clinical development and future commercialization if the drug receives approval.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:03 pm

ADN

Advent Technologies Holdings, Inc. (ADN) has entered into a Joint Development Agreement with Siemens Energy to develop a 500kW High-Temperature Proton Exchange Membrane (HT-PEM) fuel cell solution for maritime applications. This collaboration aims to decarbonize the maritime sector by initially targeting large yachts, with plans to expand to ferries and commercial vessels. The partnership builds on previous collaborations and leverages Advent's innovative fuel cell technology and Siemens Energy's expertise in electrification and automation. Prototype testing is scheduled for 2025-2026.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:03 pm

UBER

Uber Eats has partnered with The Vitamin Shoppe to offer on-demand and scheduled delivery of nutritional supplements across the U.S. This partnership makes The Vitamin Shoppe the first national nutritional supplement retailer available on the Uber Eats app. Uber One members will enjoy a $0 Delivery Fee and up to 10% off on orders over $15. Additionally, a promotional code 'VITAMIN50' offers 50% off on orders of $60 or more until May 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:02 pm

ORCL

PLTR

Oracle and Palantir have announced a partnership to deliver secure cloud and AI solutions for businesses and governments globally. This collaboration combines Oracle's cloud and AI infrastructure with Palantir's AI and decision-making platforms, aiming to enhance data value, efficiency, and sovereignty. Palantir will migrate its Foundry workloads to Oracle Cloud Infrastructure and make its platforms deployable across Oracle's distributed cloud. The partnership emphasizes no trade-off between cloud infrastructure, applications, AI, and meeting high sovereignty and security standards.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:02 pm