Streetbeat News

Partnerships

CDXC

ChromaDex Corp. (NASDAQ:CDXC) has announced a partnership with iHerb, a leading online health and wellness retailer, to distribute its product Tru Niagen globally. This move is expected to accelerate Tru Niagen's global expansion as nearly 90% of iHerb's sales are generated outside of the United States. iHerb has a larger global audience than Vitacost, VitaminShoppe, and GNC combined, with 10 million active customers across more than 180 countries.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 12:55 pm

NVAX

Novavax executive has stated that the demand for Covid vaccine in the U.S. market this fall will range from 80M-100M doses. The company has contracts and negotiated pricing in place for Covid shots with the U.S. CDC and other entities.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 12:50 pm

TBLT

ToughBuilt Industries, Inc. (NASDAQ:TBLT) has announced its expansion into the European Union through partnerships with French retailer La Platforme Du Batiment and Prolians. This move will provide access to ToughBuilt products to a potential 600,000+ customers across both retail groups in France and Spain. The expansion includes representation in more than 290 storefronts across the two countries.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 12:49 pm

VRAR

The Glimpse Group, Inc. (NASDAQ:VRAR) has announced two follow-on contracts with major organizations. One contract, estimated in the low six figures, is for a logistics-focused VR Simulation and software license with a major NYC hospital. The other contract, estimated in the high five figures, is for two webAR experiences with one of the world's largest consumer packaged goods companies. These contracts demonstrate the power of the Glimpse ecosystem and how immersive technologies are being utilized in real-world enterprise scenarios.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 12:39 pm

BLDP

Ballard Power Systems has received orders for 96 hydrogen fuel cell engines from Solaris Bus & Coach. The engines will be used in Solaris' Urbino 12 hydrogen buses, which are sold in Europe.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:37 pm

OBIO

Orchestra BioMed has received FDA approval for its Investigational Device Exemption (IDE) for a U.S. pivotal study of Virtue Sirolimus AngioInfusion Balloon in patients with coronary in-stent restenosis. The study is expected to start before the end of 2023. The company has a strategic partnership with Terumo Corporation for the global application of Virtue SAB.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:36 pm

AAPL

GOOG

GOOGL

NFTG

The NFT has announced that its product, Space Striker AI, has been approved by both Apple App Store and Google Play. This approval allows the product to be available for download on these platforms.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:34 pm

BKR

Energy technology company Baker Hughes (NASDAQ:BKR) has signed a memorandum of understanding with airport management and operations company Avports to develop, implement and operate onsite microgrid solutions for the airport industry. The collaboration aims to address emissions reduction and the global industry's goal to focus on zero-emission buildings, horizontal airport infrastructure, vehicles and aircraft systems. The partnership will leverage Baker Hughes' energy technology portfolio, including hydrogen-ready turbines and heat recovery solutions, and Avports' focus on airport innovation and sustainability initiatives.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 12:26 pm

ORCL

Saudi telecom company Salam is partnering with Oracle to expedite its digital transformation. By implementing Oracle Cloud Scale Monetization and Oracle Unified Operations solutions, along with Oracle CRM Sales, Salam aims to replace its legacy systems with a modern, end-to-end stack. This will enable Salam to offer unique promotion bundles across various customer segments and accelerate time to revenue for existing and new digital services, such as 5G-enabled streaming, AR/VR gaming, and IoT-connected devices.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:25 pm

BURU

DRUG

MNPR

NUBURU has announced a contract with NASA for next-generation blue laser space technology, causing its stock (BURU) to surge by 324%. Bright Minds Biosciences (DRUG) has announced positive data from its first-in-human Phase 1 study of lead compound, BMB-101, leading to a 126% increase in its stock. Monopar Therapeutics (MNPR) reported that both patients treated in its Phase1B study experienced tumor size reductions, resulting in a 118% increase in its stock.

Portfolio Pulse from ryanfaloona@benzinga.com

August 08, 2023 | 12:24 pm