Streetbeat News

Partnerships

MRK

PRTG

Portage Biotech has announced a trial collaboration with Merck to evaluate Portage's adenosine antagonists in combination with Merck's Keytruda for solid tumors.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 12:10 pm

MRK

PRTG

Portage Biotech Inc. (NASDAQ:PRTG) has entered into a clinical trial collaboration agreement with Merck (known as MSD outside the US and Canada) to evaluate Portage's next-generation adenosine antagonists in combination with KEYTRUDA, Merck's anti-PD-1 therapy, for patients with solid tumors. The collaboration will explore Portage's adenosine 2A receptor (A2AR) antagonist, PORT-6, its adenosine 2B receptor (A2BR) antagonist, PORT-7, individually and together in combination with KEYTRUDA in various cancers.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 12:08 pm

V

Visa (NYSE:V) is expanding its stablecoin settlement capabilities to the Solana blockchain and is working with merchant acquirers Worldpay and Nuvei. The company has already moved millions of USDC between its partners over the Solana and Ethereum blockchain networks to settle fiat-denominated payments. This move is expected to improve the speed of cross-border settlement and provide a modern option for clients to send or receive funds. Visa's work with Worldpay and Nuvei represents a significant stride in embracing the innovative potential of digital currencies.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 12:07 pm

FOXA

NXST

Nexstar Media Group (NXST) and Fox Corporation (FOXA, FOX) have announced a multi-year agreement renewing the FOX affiliations of 29 Nexstar-owned stations across the US, including those in six of the country's top twenty markets. The agreement also covers 12 stations that have shared services agreements with Nexstar. Financial terms were not disclosed.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 12:03 pm

FOXA

NXST

Nexstar Media Group (NXST) and Fox Corporation (FOXA) have announced a multi-year agreement renewing the FOX affiliations of 29 Nexstar-owned stations across the US, including those in six of the country's top twenty markets. The agreement also covers 12 stations that have shared services agreements with Nexstar. Financial terms were not disclosed.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 12:02 pm

GDC

GD Culture Group has announced that its subsidiary, AI Catalysis Corp., has launched an interactive livestreaming game on TikTok.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 12:02 pm

INTC

TSEM

Intel Foundry Services and Tower Semiconductor have announced a new US foundry agreement. As part of the agreement, Tower will invest up to $300M to acquire and own equipment and other fixed assets for a new facility in New Mexico.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 11:46 am

BWAY

BrainsWay has partnered with a mental health clinical treatment provider in the US's Northeast region. The provider will install 10 of BrainsWay's Deep Transcranial Magnetic Stimulation Systems in 2023, with the potential for additional systems.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 11:45 am

GOOG

GOOGL

SpaceX has decided to abandon YouTube for live streams of its launches and will instead use X/Twitter. This decision could potentially affect the viewership and ad revenue of YouTube, which is owned by Alphabet Inc. (GOOG, GOOGL).

Portfolio Pulse from Charles Gross

September 05, 2023 | 11:32 am

AIG

ESGR

Enstar has entered into an adverse development cover agreement with AIG. Under the agreement, Enstar will provide $400 million of adverse development cover in excess of carried loss reserves on assumed reinsurance contracts underwritten by Validus Re.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 11:32 am