Streetbeat News

Partnerships

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Eni and Dompé farmaceutici have signed a Letter of Intent to launch joint research and development activities focusing on health issues. This collaboration will leverage their molecular modeling expertise and high-performance computing capabilities. This follows their participation in the European Exscalate4Cov project, which aimed at identifying solutions to the COVID-19 pandemic.

Portfolio Pulse from Charles Gross

October 09, 2023 | 10:46 am

GSK

IDYA

IDEAYA Biosciences has announced a development candidate nomination of a Werner Helicase Inhibitor in collaboration with GSK. The company has earned a $3 million milestone from GSK and is eligible to receive up to $465 million in development milestones and $475 million in commercial milestones, along with 50% of U.S. net profits.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 10:05 am

GSK

GSK plc has entered into an exclusive agreement with Chongqing Zhifei Biological Products to co-promote GSK’s shingles vaccine, Shingrix, in China. The deal is worth £2.5 billion to GSK over the initial three-year period. The partnership aims to extend the availability of Shingrix and supports GSK’s goal to double global Shingrix sales to more than £4 billion by 2026. Zhifei has also granted GSK the right of first refusal for co-development and commercialisation of an RSV vaccine for older adults in China.

Portfolio Pulse from Charles Gross

October 09, 2023 | 9:14 am

AHI

Advanced Health Intelligence Ltd (AHI) has announced that its partner, Bearn LLC, has entered into a commercial partnership with OnCore Innovations Inc. This collaboration aims to integrate health, fitness, and technology into the golfing experience, promoting healthier lifestyles.

Portfolio Pulse from Charles Gross

October 09, 2023 | 9:02 am

AAPL

T

Gallaudet University, in collaboration with AT&T Inc., has developed an augmented reality (AR) football helmet for its deaf football team. The helmet is expected to level the playing field for the team, which competes in the NCAA Division II. The university has been working with tech giants like Apple Inc. to address accessibility concerns. The NCAA has granted approval for a trial game with these helmets.

Portfolio Pulse from Rounak Jain

October 09, 2023 | 7:57 am

MSFT

TSLA

Bill Gates, co-founder of Microsoft Corp, has praised the efforts of startup Electric Hydrogen, which recently received backing from Microsoft and other investors. Gates views clean hydrogen as integral to the clean energy economy, particularly for heavy-duty transport. This contrasts with Tesla CEO Elon Musk's view, who has criticized hydrogen as a form of energy storage for vehicles. Gates has previously held a short position on Tesla.

Portfolio Pulse from Anan Ashraf

October 09, 2023 | 6:35 am

AAPL

IBM

Healing Realty Trust and HealingMaps are partnering to use AI and geospatial mapping to identify opportunities in real estate for psychedelic-assisted therapies (PAT). The partnership aims to identify oversaturated clinic clusters and areas of opportunity. Healing Realty Trust's president, Cody Shandraw, highlighted the stability of medical office real estate as an asset class. The partnership also provides access to traditional banking. Shandraw mentioned IBM and Apple as examples of profitable investments. HealingMaps CEO, Cory Jones, stated that the tool's goal is to understand every single zip code and apply scores to certain areas based on various data points.

Portfolio Pulse from Lara Goldstein

October 07, 2023 | 7:34 pm

AMC

AMC Entertainment Holdings (NYSE:AMC) could benefit from the free promotion of Taylor Swift's upcoming concert film during NFL games. The film is set to release on October 13 and has already set records for demand. AMC has reported over $100 million in advance ticket sales. The free publicity from NFL, one of the most-watched leagues worldwide, could boost the film's demand and potential revenue for AMC even further.

Portfolio Pulse from Chris Katje

October 07, 2023 | 3:17 pm

MGRM

PDEX

Monogram Orthopaedics Inc has entered into an exclusive supply agreement with Pro-Dex, Inc. Under the agreement, Monogram will purchase end-effectors, gearing, saws, and other surgical products from Pro-Dex.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 8:34 pm

DYAI

JNJ

Janssen, a subsidiary of Johnson & Johnson, has provided written notice to Dyadic that it will end its collaboration with the company, effective Dec 31, 2023, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 8:17 pm