Streetbeat News

Partnerships

COIN

SQ

Block (NYSE:SQ), formerly known as Square and led by Jack Dorsey, is officially launching its Bitcoin hardware wallet, BitKey. The wallet aims to provide additional security layers and eliminate intermediary roles. The launch comes amid the crypto industry facing security and governance issues. BitKey will feature a mobile app, hardware device, and a set of recovery tools. The transfer of Bitcoin to BitKey is facilitated from exchange partners — Coinbase (NASDAQ:COIN) and Cash App.

Portfolio Pulse from Khyathi Dalal

October 05, 2023 | 2:11 pm

CLNN

Clene Inc. (NASDAQ:CLNN) has been awarded a $45.1 million grant from the National Institute of Neurological Disorders and Stroke (NINDS) to support an Expanded Access Protocol (EAP) for its investigational drug, CNM-Au8, in amyotrophic lateral sclerosis (ALS). The grant will fund a four-year study in collaboration with Columbia University and Synapticure. The EAP will allow ALS patients who don't meet the criteria for clinical trials to access CNM-Au8. Clene has shown evidence of consistent safety and improved survival for CNM-Au8 in two independent Phase 2 trials and an ongoing EAP.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 2:02 pm

GE

GE HealthCare and University Hospitals (UH) have announced a 10-year strategic collaboration to bring GE HealthCare technologies to UH across its radiology practice and UH Harrington Heart & Vascular Institute. The agreement includes hundreds of new systems, including AI-enabled technologies, across various medical fields for which GE HealthCare will be the sole provider. The collaboration aims to implement enterprise-wide technology to optimize workflows and improve clinical decision-making.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 2:01 pm

REGN

Regeneron Pharmaceuticals announced positive two-year results from the PULSAR trial investigating EYLEA HD Injection 8 mg in patients with wet age-related macular degeneration. The trial met its primary endpoint, with EYLEA HD patients achieving clinically equivalent vision gains to EYLEA at 48 weeks. EYLEA HD demonstrated durable vision gains at extended dosing intervals at the end of two years. EYLEA HD is being jointly developed by Regeneron and Bayer AG.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 1:45 pm

CART

CMCSA

MA

Mastercard has announced new partnerships with Instacart and Peacock to provide additional benefits to its U.S. consumer credit card products. The new offerings include on-demand access to online shopping and grocery delivery with Instacart, and a streaming service subscription offering with Peacock. Eligible World Mastercard and World Elite Mastercard cardholders will receive a two-month free trial and $10 off their second eligible Instacart purchase each month. For Peacock, eligible cardholders will receive a $3 or $5 statement credit on the Peacock Premium monthly streaming subscription.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 1:41 pm

ALPMF

ALPMY

MRK

SGEN

Merck & Co Inc announced that its Phase 3 AMBASSADOR trial evaluating Keytruda, a cancer drug, met one of its dual primary endpoints of disease-free survival for the adjuvant treatment of localized muscle-invasive urothelial carcinoma and locally advanced urothelial carcinoma. The trial will continue to evaluate its other dual primary endpoint of overall survival. Other Phase 3 studies in muscle-invasive bladder cancer include the KEYNOTE-866 trial and the Phase 3 KEYNOTE-B15 and Phase 3 KEYNOTE-905 trials, which are being conducted in collaboration with Seagen Inc and Astellas Pharma Inc.

Portfolio Pulse from Vandana Singh

October 05, 2023 | 1:35 pm

CROX

ETHUSD

MAT

Entrepreneur Gary Vaynerchuk's Veefriends entertainment company is partnering with Gregorys Coffee to launch a limited time exclusive drink for the fall season. The partnership marks a new venture into the consumables category for Veefriends, which has previously partnered with companies like Fanatics, Toys “R” Us and Mattel Inc. Veefriends has also announced a partnership with Crocs Inc for the 50th annual village Halloween Parade in New York. The company's Series 1 NFTs have a floor price of 2.2 Ethereum, while Series 2 NFTs have a floor price of 0.105 Ethereum.

Portfolio Pulse from Chris Katje

October 05, 2023 | 1:17 pm

BA

Masdar, a renewable energy company, and Boeing (BA) have partnered to accelerate the sustainable aviation fuel industry in the UAE and globally. The partnership aims to reduce carbon emissions and promote sustainable practices in the aviation industry.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 1:13 pm

AREB

American Rebel Holdings, Inc. (NASDAQ:AREB) has announced its expansion into the beverage industry with the launch of American Rebel Beer. The company has partnered with BevSource, a leading provider of beverage development, sourcing, and production solutions, and City Brewing Company, the largest alcoholic beverage contract manufacturer in the U.S., to bring the beer to market. The roll-out of the light beer will begin on a regional basis in early 2024 and is expected to scale nationally in 2025.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 1:12 pm

POWI

Power Integrations (NASDAQ:POWI) and SnapMagic have announced a collaboration to advance power supply design automation. Power Integrations' online design tool, PI Expert, now features schematic and netlist export, made possible by SnapMagic's new schematic export technology. This eliminates the need for manual transcription into a CAD package for simulations and physical layout, saving time and reducing errors. The tool is compatible with Cadence OrCAD, Altium, Autodesk Eagle / Fusion360 and KiCad.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 1:10 pm