Streetbeat News

Partnerships

TAK

Takeda Pharmaceutical Company Limited (TAK) has committed over $30M to five new global CSR partnerships, aiming to drive health impact in 92 countries. The new partnerships are with Society for Family Health Rwanda, Relief International, Mercy Corps, University of Nairobi, and Partners In Health. This move increases Takeda's total global CSR program contributions to approximately $167.5M since 2016. The company expects to reach 25.2 million people in 92 countries by 2028 through its CSR program.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 2:02 pm

GRRR

Gorilla Technology Group has partnered with Protactics, a Latin-American security and defense solutions provider. The partnership will allow Protactics to provide sales and support for Gorilla's AI-based Video Analytics and Security Convergence solutions in certain Latin American markets, including Colombia, Mexico, and Venezuela.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 1:39 pm

AAPL

TSM

Taiwan Semiconductor Manufacturing Company (TSMC) has started mass production of 3nm process technology with Apple as its first customer. TSMC is preparing to fulfill more orders for 3nm chips from other key customers in 2024.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 1:36 pm

MRK

MRNA

Moderna Inc plans to launch up to 15 new products and advance up to 50 mRNA medicines into clinical trials over the next five years. The company expects sales of its respiratory vaccines to range between $8 billion and $15 billion in 2027, with another $10 billion to $15 billion from annual sales of cancer, rare disease, and latent disease medicines it will launch by 2028. Moderna also plans to invest $25 billion in Research and development from 2024 through 2028. In partnership with Merck & Co Inc, Moderna plans to begin a second Phase 3 trial of mRNA-4157, its individualized neoantigen therapy, in combination with Keytruda, for non-small cell lung cancer later this year.

Portfolio Pulse from Vandana Singh

September 13, 2023 | 1:13 pm

GDRX

GoodRx and MedImpact have announced a program to ensure seamless access to affordable prescriptions. The program will automatically compare the benefit and the GoodRx price for a generic medication and deliver the lowest one. The amount paid will be applied to the member's deductible.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 1:07 pm

GENI

SNAP

Genius Sports has partnered with Snap to provide immersive Snapchat lenses powered by Verizon's 5G network, featuring live NFL scores and replays. Genius Sports is the NFL's exclusive distributor of real-time statistics and sports betting data. The Snapchat lens is exclusive to Verizon customers. Snapchat has over 750 million monthly users worldwide.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 1:04 pm

ABCL

INCY

AbCellera has announced a collaboration with Incyte to accelerate the discovery and development of therapeutic antibodies in oncology. This partnership could potentially lead to advancements in cancer treatment.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 1:02 pm

UBER

XLE

XLV

On CNBC's 'Halftime Report Final Trades', Shannon Saccocia of Boston Private recommended Health Care Select Sector SPDR Fund (XLV), Liz Young of JP Morgan Private Bank picked Energy Select Sector SPDR Fund (XLE), and Josh Brown of Ritholtz Wealth Management favored Uber Technologies (UBER). Uber recently signed a multi-year global deal with PayPal, strengthening PayPal's role as a strategic partner. Uber shares fell 2.1% to settle at $47.92 on Tuesday.

Portfolio Pulse from Lisa Levin

September 13, 2023 | 12:44 pm

AAPL

NVDA

TSM

Taiwan Semiconductor Manufacturing Company Ltd (TSMC) is facing recruitment and production challenges in its Arizona factory, delaying production to 2025. However, the company is growing confident in Japan, where it plans to produce chips in 2024 and is considering adding capacity for advanced chips. TSMC's expansion in Japan is supported by cultural alignment, government support, and a network of chip equipment suppliers. The company is a key supplier for Apple Inc and Nvidia Corp.

Portfolio Pulse from Anusuya Lahiri

September 13, 2023 | 12:42 pm

ELIQ

Electriq Power has partnered with the city of Carpinteria to provide affordable solar and storage to residents. The new agreement offers residents solar+storage with zero up-front costs.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 12:35 pm