Streetbeat News

Partnerships

GILD

Gilead and Kite Oncology have presented data at ASH 2023 demonstrating the survival benefits of their CAR T-cell therapy and showcasing the latest advances in their blood cancer portfolio. The data includes longer follow-up analyses of survival data showing the curative intent of Yescarta across different lines of therapy and age groups, including 65+. The durability of response and survival with Tecartus in adult relapsed/refractory B-cell acute lymphoblastic leukemia and mantle cell lymphoma was also observed in the largest real-world evidence studies to date.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 1:25 pm

VOR

Vor Bio (NASDAQ:VOR), a clinical-stage cell and genome engineering company, announced that preclinical and clinical data supporting its novel platform for treating acute myeloid leukemia (AML) will be presented at the 65th American Society of Hematology (ASH) Annual Meeting & Exposition. The data includes updates from the VBP101 clinical trial and the CD33CART Study. The company also released data from a single cell analysis studying molecular signatures from 28 AML patients and from a preclinical collaboration with Janssen. A trial-in-progress poster will be presented on the Company's VBP301 clinical trial.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 1:21 pm

EEFT

Euronet (NASDAQ:EEFT) has announced a multi-year partnership with Banco Pichincha, Ecuador's largest private bank, for prepaid and debit card issuing and processing services. The partnership will involve the use of Euronet's Ren payments platform and will enable Pichincha to modernize its payments platform, comply with regulatory mandates, and introduce innovative products. The agreement also includes integration with Visa and Mastercard and will pave the way for the bank's digital transformation.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 1:19 pm

AFRM

AMZN

Amazon (AMZN) and Affirm (AFRM) have expanded their partnership, making Affirm the first pay-over-time option available at checkout on Amazon Business. The new payment option will be available to all eligible Amazon Business sole proprietor customers by Black Friday. This marks the launch of Affirm's new B2B pay-over-time solution dedicated to serving sole proprietors.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 1:13 pm

AMZN

NVDA

TSM

Amazon's cloud computing service, Amazon Elastic Compute Cloud (EC2), has introduced a new feature called EC2 Capacity Blocks for ML to address the global GPU shortage. The feature allows users to reserve GPU instances for specific durations, providing a solution for the growing demand for GPU capacity in machine learning applications. The service offers access to Nvidia's H100 Tensor Core GPUs in EC2 UltraClusters. Nvidia and its key supplier, Taiwan Semiconductor Manufacturing Company, are struggling to keep up with the AI demand, leading to higher GPU prices.

Portfolio Pulse from Anusuya Lahiri

November 02, 2023 | 1:13 pm

AIP

Arteris, Inc. (NASDAQ:AIP) and Semidynamics have announced a partnership to accelerate electronic product innovation for artificial intelligence (AI), machine learning (ML) and high-performance computing (HPC) applications. The partnership will enhance the interoperability of RISC-V processor IP with system IP and will result in a demonstrator platform in 2024.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 1:05 pm

ARQQ

DETASAD and Arqit have announced a partnership to enhance cybersecurity solutions. The terms of the partnership have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 1:00 pm

PXMD

PaxMedica, Inc. (NASDAQ:PXMD) has engaged Bourne Partners to explore potential monetization of a Priority Review Voucher (PRV) prior to filing the NDA for PAX-101 for the treatment of African Sleeping Sickness. PaxMedica anticipates qualifying for the PRV program as their treatment targets a rare, fatal tropical disease. However, PaxMedica has not been granted a PRV, and there is no guarantee that one will be awarded. PaxMedica also reports that the amount outstanding under PaxMedica's convertible note with Lind Global Partners II, LP has decreased from $3.68 million to $2.27 million.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 12:57 pm

EMKR

KTOS

EMCORE Corporation (EMKR) has announced a long-term supply partnership with Kratos Unmanned Aerial Systems for its SDI500 Quartz MEMS Inertial Measurement Units (IMU). The IMUs will be used in multiple advanced unmanned aerial defense programs, including the XQ-58 Valkyrie, BQM-167A Air Force Subscale Aerial Target (AFSAT), BQM-177A Sub-Sonic Aerial Target (SSAT), and MQM-178 Firejet aerial target drone. The SDI500 was ranked 1st in overall accuracy in a U.S. Military-commissioned IMU trade study.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 12:56 pm

AFRM

AMZN

Amazon is set to introduce a 'Buy Now, Pay Later' option for small business owners, in partnership with Affirm. This move is expected to provide flexible payment options for small businesses, potentially boosting their sales.

Portfolio Pulse from Charles Gross

November 02, 2023 | 12:56 pm