Streetbeat News

Partnerships

INKT

MiNK Therapeutics has entered into a collaboration with ImmunoScape to accelerate the identification of novel TCRs and the development of TCR-based therapeutics. This partnership aims to enhance MiNK's pipeline of TCR therapeutics for cancer and other diseases. ImmunoScape's deep immunomics platform will be utilized to identify and analyze TCRs, potentially leading to more effective treatments.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 12:32 pm

PRZO

ParaZero Technologies Ltd. (NASDAQ:PRZO) has announced the successful completion of a drone safety solution for a Fortune 500 automotive manufacturer's proprietary drone program. The project involved the development of a custom variant of ParaZero's SafeAir™ drone safety system, for which the company has received full payment.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 12:18 pm

DNA

OneOne Biosciences has entered into a partnership with Ginkgo Bioworks to further develop its platform and advance its nitrogen fixation microbial product. This collaboration aims to enhance OneOne Biosciences' capabilities in creating sustainable agricultural solutions.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 12:08 pm

TAK

Takeda Pharmaceutical Company has secured a two-year contract with Canadian Blood Services for the supply of GLASSIA, a treatment for a rare form of emphysema. This deal may positively impact Takeda's revenues and market presence in Canada.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 12:04 pm

LITM

ACME Lithium has entered into an option agreement with Snow Lake Lithium (LITM) regarding its Manitoba Lithium Project. This agreement allows Snow Lake Lithium to earn an interest in the project, which could potentially enhance its lithium production capabilities.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 11:34 am

NAAS

NaaS Technology (NASDAQ:NAAS) and its subsidiary Sinopower HK have formed strategic partnerships with SHNE to jointly develop the new energy market. The collaboration will focus on photovoltaic project development, charging station construction and operation, and smart microgrid systems to promote low-carbon and green development.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 10:37 am

ACN

Accenture Plc CEO Julie Sweet stated that most firms are not ready for AI implementation due to inadequate data infrastructure and safety control systems. Despite keen interest in AI, concerns over data protection and AI model accuracy are delaying deployment. Accenture, which has invested in generative AI and collaborates with Microsoft on AI tools, sees this as a significant part of their future business. Sweet emphasized the need for companies to understand AI risks and manage them responsibly.

Portfolio Pulse from Ananya Gairola

December 20, 2023 | 10:32 am

FMS

Intas Pharmaceuticals Ltd. has entered into an exclusive licensing agreement with mAbxience, a Fresenius Kabi majority-owned group, for the commercialization of a biosimilar for Etanercept, a drug used to treat autoimmune diseases. The agreement grants Intas rights to commercialize the biosimilar in over 150 countries. mAbxience will handle development, manufacturing, and supply. The deal is expected to strengthen Intas's global biosimilar portfolio and improve access to autoimmune disease treatments worldwide.

Portfolio Pulse from Charles Gross

December 20, 2023 | 10:02 am

GOOG

MSFT

Microsoft Corp. has introduced a new extension called Suno for Copilot, allowing users to generate AI songs using just a line of text. Suno, created by musicians and AI experts in Cambridge, enables the creation of songs with lyrics, instrumentation, and voice. The service is free for up to 10 songs per day or 300 per month, with paid plans for more frequent users. Microsoft's integration of AI into its products is part of a broader trend, with rivals like Alphabet Inc.'s YouTube also exploring generative AI music tools.

Portfolio Pulse from Rounak Jain

December 20, 2023 | 8:58 am

FLNC

Fluence Energy has been chosen by AGL Energy to provide a 500 MW/1000 MWh energy storage system for the Liddell Battery Project in New South Wales, Australia. This project is the largest energy storage system Fluence will design, engineer, and construct in Australia to date.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 7:16 am