Streetbeat News

Partnerships

CHRS

Coherus BioSciences, Inc. (NASDAQ:CHRS) and Superior Biologics, Inc. have announced a national distribution agreement for YUSIMRY, a biosimilar of Humira, at a price of $995 per carton of two autoinjectors, representing a discount of more than 85% compared to Humira. This is the first formal distribution agreement for YUSIMRY and is expected to provide patients and employers with a low-cost, high-quality treatment option.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 12:44 pm

SGBX

Safe & Green Holdings Corp. (NASDAQ:SGBX) has secured a new purchase order worth over $2 million from a long-time customer within the U.S. military and federal space. The order consists of twelve modules and will be roughly 6,900 square feet. The Company's prefabricated, modular construction will create a military administration building for the client. The build is intended to take place in Q4 of 2023.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 12:43 pm

PLUG

VGK

Plug Power Inc. (NASDAQ:PLUG) has secured an order for 100 megawatts (MW) of proton exchange membrane (PEM) electrolyzers for a green hydrogen project in Europe. This is the largest announced project in the oil and gas sector in Europe. The electrolyzers will be powered by 100% renewable energy and will generate approximately 43 tons of green hydrogen per day. The electrolyzers will be delivered and installed in 2024.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 12:40 pm

IPW

iPower Inc. (NASDAQ:IPW) has announced a strategic partnership with LTMATE Global Inc., a premier online retailer and distributor of home furnishings and décor. Under the agreement, iPower will leverage its ecommerce and social commerce services, merchandising and logistics capabilities, and its Amazon and TikTok partnerships to bring LTMATE products to the US market.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 12:35 pm

DIS

Walt Disney CEO Robert Iger has announced that the company is seeking a strategic partner for ESPN. He emphasized Disney's commitment to the sports business and expressed openness to strategic partnerships. Iger also stated that streaming will be a profitable, growth business.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 12:35 pm

EH

EHang Holdings Limited (NASDAQ:EH) has signed a Memorandum of Understanding with the Bao'an District Government of Shenzhen municipality for a strategic partnership in urban air mobility. The partnership will focus on commercial operations of EH216-S autonomous aerial vehicles (AAVs) and the development of use cases, systems, and routes. The Bao'an District Government will provide support for AAV procurement, financial leasing, infrastructure construction, and low-altitude operations. EHang plans to establish an Operation Demonstration Center, an Assembly and Delivery Center, a Research and Development Testing Center, and a Maintenance Support Center in Bao'an District.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 12:33 pm

ADD

Color Star Technology Co., Ltd. (NASDAQ:ADD) and Three Angles Production have announced a strategic partnership to increase development efforts in the live events industry, particularly in Southeast Asia. The partnership aims to improve Color Star's live performance business in Southeast Asia. Color Star has been actively organizing music festivals, concerts, and sporting events and plans to introduce online functionalities such as electronic ticket vending, online live streaming, and other digital content.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 12:32 pm

DG

Dollar General Corp (NYSE:DG) has launched a new DG Cash Back Program in partnership with Ibotta Performance Network. The program allows customers to earn cash back in their DG Wallet on eligible purchases. The company's shares closed lower by 0.75% at $168.61 on Wednesday.

Portfolio Pulse from Shivani Kumaresan

July 13, 2023 | 12:28 pm

ECOR

electroCore, Inc. (NASDAQ:ECOR) has announced a distribution agreement with Reliefband Technologies, LLC. Under the agreement, electroCore will exclusively distribute and bill for Reletex by Reliefband, a non-invasive neuromodulation device for nausea and vomiting, within the Department of Veterans Affairs (VA) and other Federal Supply Schedule (FSS) eligible entities.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 12:13 pm

ECOR

ElectroCore has announced a distribution agreement with Reliefband Technologies for Reletex. This partnership will allow ElectroCore to distribute Reletex, a product of Reliefband Technologies.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 12:13 pm