Streetbeat News

Partnerships

OTLY

VGK

Oatly Group AB (NASDAQ:OTLY) has announced a partnership with Coffee Fellows, one of Germany's largest coffee chains, to make Oatly Barista available in 275 of its locations across Germany, Austria, Belgium, Luxembourg, and the Netherlands. The move is part of Oatly's expansion into the food service sector and aims to double sales of oat drink by the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:31 pm

LLY

RDW

Redwire has announced its first spaceflight mission for its in-space pharmaceutical manufacturing platform, PIL-BOX. The platform will launch onboard SpaceX's 29th cargo resupply services mission for NASA to the ISS. Eli Lilly is partnering with Redwire to conduct three experiments focused on diabetes, cardiovascular disease, and pain treatments.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:29 pm

ASLE

AerSale Corporation (NASDAQ:ASLE) has achieved a 50% visual advantage in low visibility operations for its AerAware Enhanced Flight Vision System (EFVS) on the Boeing B737NG aircraft. This breakthrough was achieved through a collaboration with Universal Avionics and Elbit Systems. The EFVS improves pilot situational awareness, reduces the risk of accidents, and allows for more efficient operations. Final approval by the U.S. Federal Aviation Administration (FAA) of the AerAware STC for the Boeing B737NG is pending.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:20 pm

ABBV

NXGL

Nexgel has signed a supply agreement with AbbVie to provide gel pads for AbbVie's Rapid Acoustic Pulse device, which is currently under investigation for its potential to improve the appearance of cellulite.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:15 pm

SVRE

SaverOne 2014 Ltd. (NASDAQ:SVRE) has announced a new distribution agreement with GVZ Company, based in Milan, to market, sell, install and provide local support for SaverOne's DDPS products in Europe. SaverOne has also appointed Mr. Tal Yihie as its Italian Country Partner. The company has completed a pilot project with Cemex in Spain and is in active discussions for new pilot projects in Italy.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:13 pm

AMTX

Aemetis, Inc. (NASDAQ:AMTX) has been selected by India's three government-controlled oil marketing companies (OMCs) to supply an estimated $150 million of biodiesel under cost-plus purchase contracts for approximately 40 million gallons of biodiesel during the one year period starting October 2023. This comes as part of India's National Policy on Biofuels which targets a 5% minimum blend on direct sale of biodiesel by 2030. Aemetis plans to continue to expand capacity to meet growing demand under the OMC cost-plus contract structure.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:12 pm

GSK

ME

23andMe (NASDAQ:ME) has extended its collaboration with GSK (NYSE:GSK) through a new, non-exclusive data license. The agreement allows GSK to use the 23andMe database for drug target discovery and other research. 23andMe will receive a $20 million upfront payment for a one-year license, which includes access to certain services such as further analyses of the 23andMe data. Any new drug discovery programs initiated by GSK during the agreement will be owned solely by GSK, but 23andMe may be eligible for downstream royalties.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:11 pm

AEE

Ameren Corporation's subsidiary, in partnership with the Missouri Electric Commission, has been selected by the Midcontinent Independent System Operator (MISO) to lead an $84 million transmission project in northwest Missouri. The project, expected to be in service by 2030, will enhance grid resiliency and energy reliability. The 42-mile transmission line is part of a $10 billion portfolio of projects included in Tranche 1 of MISO's Long Range Transmission Plan.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:09 pm

BMY

KPTI

Karyopharm Therapeutics has announced a clinical trial collaboration and supply agreement with Bristol-Myers Squibb. The agreement is for the combination of Mezigdomide with Selinexor and Dexamethasone for the treatment of relapsed/refractory multiple myeloma.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:05 pm

ABNB

CME

MKC

MRNA

Insiders at McCormick & Company, CME Group, Moderna, and Airbnb have recently sold shares. McCormick reported downbeat Q3 sales results, while CME Group reported better-than-expected earnings for the same period. Moderna disclosed a strategic partnership with CEPI, and Airbnb received a Neutral rating from Seaport Global.

Portfolio Pulse from Lisa Levin

October 30, 2023 | 12:00 pm