Streetbeat News

Partnerships

INVO

NAYA Biosciences and ONK Therapeutics have announced a research partnership to evaluate a combination therapy for cancer treatment, involving NAYA's FLEX-NK bispecific antibodies and ONK's engineered natural killer (NK) cell therapies. The partnership will initially focus on preclinical cancer models with the potential to expand into joint clinical development. NAYA is expected to complete its merger with INVO Bioscience (NASDAQ: INVO) in Q1 2024. The collaboration aims to improve treatment options and long-term survival for patients with hepatocellular carcinoma (HCC).

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 2:05 pm

SNPX

Synaptogenix was a speaker at a USC-sponsored forum on age-related diseases, including Alzheimer's. The company discussed its lead therapeutic, which has shown statistically significant benefits for severe Alzheimer's disease patients with a p-value of less than 0.007.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 2:01 pm

GETY

Getty Images has partnered with BBC Studios to create a platform that provides unprecedented access to the BBC's archive video content. This collaboration aims to enhance the availability and distribution of BBC Studios' historical video material, making it more accessible for various uses.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 2:00 pm

AFCG

REFI

Zuanic & Associates initiated coverage of Chicago Atlantic Real Estate Finance Inc. (REFI) with an Overweight rating, highlighting its unique position as a capital provider to the cannabis industry with high Yield-to-Maturity rates due to a capital supply-demand imbalance. REFI's core business is providing senior loans to state-licensed cannabis operators, and it is managed by Chicago Atlantic REIT Manager LLC. The cannabis sector's limited banking access and potential federal reform could expand REFI's opportunities. REFI has a competitive advantage with shorter loan durations, lower loan-to-value ratios, and a modest debt leverage. It is compared favorably to AFC Gamma Inc. (AFCG), with expectations of annual loan book growth of 10% and a robust dividend yield.

Portfolio Pulse from Nicolás Jose Rodriguez

December 06, 2023 | 1:57 pm

ASNS

Actelis Networks, Inc. (NASDAQ:ASNS) has received and delivered an order for networking devices to support the City of Everett's intelligent traffic management network. The order, facilitated by ITS channel partner Western Systems, includes Actelis' ML684D multi-gigabit hybrid fiber-copper networking switches, which are part of the MetaLight product family. These devices are designed to enhance traffic management and safety initiatives by providing secure, fiber-grade connectivity. Actelis' solutions have been deployed in several U.S. cities, demonstrating the company's ongoing success in the intelligent transportation systems market.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 1:46 pm

LILM

Lilium N.V. (NASDAQ:LILM) has announced the start of production of the Lilium Jet, an all-electric vertical take-off and landing (eVTOL) aircraft, marking a transition from design to industrialization. The first fuselage has arrived at Lilium's final assembly line in Wessling, Germany. The company's facilities, covering 175,000 square feet, include a testing & manufacturing center, propulsion & aerostructures facility, final assembly building, and a battery assembly building. Lilium's CEO and COO highlighted the milestone and the collaboration with tier one aerospace suppliers Aciturri and Aernnova, emphasizing the move towards sustainable regional aviation and the goal of achieving Type Certification with EASA.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 1:44 pm

IGC

IGC Pharma has announced a collaboration with Los Andes University's Center for Research and Training in Artificial Intelligence to integrate AI into clinical trials. The company will discuss this AI partnership and initiatives at the upcoming Biotech Showcase 2024.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 1:43 pm

TNDM

Tandem Diabetes Care has launched the t:slim X2 insulin pump software in the U.S., which integrates with Dexcom's G7 Continuous Glucose Monitoring (CGM) system. This marks the first automated insulin delivery system to feature Dexcom's most advanced CGM technology.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 1:39 pm

NVDA

Nvidia Corp (NASDAQ:NVDA) is working to ensure its new chips for the Chinese market comply with U.S. export restrictions. Nvidia dominates China's AI chip market but faces challenges from U.S. curbs and Chinese competitors like Huawei. The company delayed a new AI chip launch in China until next year, aiming to adhere to U.S. regulations. Nvidia's sales in China account for 20% of its revenue, with additional sales in Singapore. Nvidia is also investing in Singapore's AI ecosystem and planning to enhance Japan's AI capabilities through partnerships and an AI research lab. NVDA stock rose 1.09% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

December 06, 2023 | 1:38 pm

FXI

MSFT

China's Commerce Minister met with Microsoft's President, encouraging multinational companies like Microsoft to continue their business in China for mutual benefit. The Minister expressed hope for Microsoft to contribute positively to Sino-US relations.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 1:23 pm