Streetbeat News

Partnerships

CPNG

Coupang (NYSE:CPNG), in partnership with the U.S. Department of Commerce and International Trade Administration, co-hosted EMPOWER Asia webinars aimed at promoting U.S. exports to South Korea, with a focus on women-owned businesses in the Food & Beverage and Apparel & Fashion industries. The webinars provided insights into Korea's commerce market, expected to exceed $563 billion by 2027, and offered guidance on leveraging Coupang's platform for cross-border trade. Speakers from various organizations shared their expertise on accessing the Korean market and succeeding on Coupang's platform.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:11 pm

MYNZ

Mainz Biomed has partnered with Trusted Health Advisors, led by Dr. Jay Wohlgemuth and Dr. Ray Tabibiazar, to support its U.S. market strategy for an early colorectal cancer diagnostic test. The company's pivotal FDA PMA clinical trial, ReconAAsense, for a self-administered colorectal cancer screening test is set to begin patient enrollment in 2024.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:04 pm

V

WU

Visa and Western Union have expanded their collaboration with a 7-year agreement enabling Western Union customers to send money to Visa cards and bank accounts in 40 countries. The deal includes issuing Western Union/Visa Debit Cards in North America, Asia Pacific, Latin America, and Europe, and using Visa Direct for quick fund transfers. Additionally, it will support humanitarian relief efforts with prepaid cards for government and NGO customers. This partnership aims to enhance global remittance services by leveraging Visa's global network and Western Union's digital capabilities.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:03 pm

LVTX

PFE

LAVA Therapeutics' stock price increased following the announcement of a $7 million payment from Pfizer due to achieving a clinical milestone for PF-08046052.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:50 pm

GM

MGA

WIT

General Motors (GM), Magna (MGA), and Wipro Limited (WIT) have collaborated to create SDVerse, a B2B sales platform designed to transform the automotive software sourcing and procurement process by facilitating the buying and selling of embedded automotive software.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:34 pm

LVTX

LAVA Therapeutics announced that Pfizer has reached a clinical development milestone for PF-08046052, resulting in a $7M payment to LAVA. This achievement marks a significant step in the collaboration between the two companies.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:31 pm

RDHL

Redhill Biopharma and Apogee Biotechnology's drug, Opaganib, has been selected by the U.S. Government's Chemical Medical Countermeasures Program and Chemical Countermeasures Research Program as a potential countermeasure against inhalation sulfur mustard exposure. This selection could lead to increased funding and support for further development and potential deployment of Opaganib.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:21 pm

ABBV

Dragonfly Therapeutics has received a milestone payment after the first patient was dosed in a clinical trial by AbbVie. The trial is evaluating ABBV-303, a treatment targeting solid tumors. This development marks a significant step in the collaboration between Dragonfly Therapeutics and AbbVie, potentially impacting the progress and valuation of ABBV-303.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:17 pm

EVGN

Casterra Ag Ltd., a subsidiary of Evogen Ltd. (NASDAQ:EVGN), has signed agreements with seed producers in Brazil and Africa to increase its production of high-yielding, high-oil castor seeds by approximately 400 tons in 2024. This move aims to strengthen its castor production capabilities for bio-based industries and lower production risks by diversifying its geographical production base.

Portfolio Pulse from Charles Gross

March 05, 2024 | 12:05 pm

GILT

Gilat Satellite Networks Ltd. (GILT) has been chosen by Safran Passenger Innovations for a strategic, multimillion-dollar in-flight connectivity (IFC) program. This partnership underscores Gilat's leadership in satellite networking technology, solutions, and services.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:05 pm