Streetbeat News

Partnerships

GELYF

RNLSY

Renault SA (RNLSY) and Geely Automobile Holdings Ltd (GELYF) have signed a joint venture (JV) deal to launch a new powertrain technology company. The new company will have 17 engine plants and 5 R&D centers across three continents. Both companies will hold 50% of the new entity, which aims to become a leader in manufacturing and supplying hybrid powertrains and highly efficient ICE powertrains. The deal is expected to close in H2 2023.

Portfolio Pulse from Lekha Gupta

July 11, 2023 | 10:16 am

LICY

Li-Cycle Holdings Corp. (NYSE:LICY) and EVE Energy Co., Ltd. have signed a memorandum of understanding to collaborate and explore lithium-ion battery recycling solutions for EVE battery materials.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 10:02 am

ZFOX

Cyware, a leading provider of threat intelligence management, security collaboration, and cyber fusion solutions, has expanded its partnership with ZeroFox (NASDAQ:ZFOX), an enterprise software-as-a-service leader in external cybersecurity. ZeroFox has been added to the Cyware Partner Advisory Marketplace, making its threat advisories available to Cyware customers.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 10:01 am

IPHA

SNY

Innate Pharma (IPHA) announced that the first patient has been dosed in a Sanofi (SNY)-sponsored Phase 1/2 trial. The trial is evaluating SAR'514 / IPH6401 in relapsed/refractory multiple myeloma and relapsed/refractory light-chain amyloidosis.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 9:09 am

KD

Kyndryl Japan and ID Holdings Corporation are setting up a preparation team to establish the 'Next-generation System Management Consortium'. The consortium aims to solve challenges surrounding IT system managements in Japan. The consortium is expected to be established on October 1, 2023, and plans to become a general incorporated foundation in fiscal year 2024.

Portfolio Pulse from Charles Gross

July 11, 2023 | 8:46 am

AAPL

TCEHY

Apple Inc. has opened a store on China's WeChat platform, according to Reuters. This move is seen as a strategic one to boost its presence in the Chinese market.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:31 am

PLUR

Pluri has signed a $4.2M contract with the US National Institutes Of Health to advance the development of its PLX-R18 cell therapy. The therapy is a potential treatment for Hematopoietic Acute Radiation Syndrome (H-ARS), a deadly disease resulting from nuclear disasters and radiation exposure. Pluri will collaborate with the U.S. Department of Defense's Armed Forces Radiobiology Research Institute (AFRRI)/Uniformed Services University of Health Sciences (USUHS) in Maryland.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 6:28 am

CXM

Bridal fashion industry leader Pronovias has selected Sprinklr for digital customer service, marketing, and social media engagement. The partnership aims to enhance Pronovias' customer experience management (CXM).

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 6:22 am

BMY

EVO

Evotec and Bristol Myers Squibb have entered into an exclusive global license agreement for selected programs developed and progressed in their collaboration.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 6:03 am

BNTX

Doer Biologics has entered into a licensing agreement with BioNTech, granting BioNTech a worldwide license to use one of Doer Bio's innovative discoveries for research, development, manufacturing, and commercialization of biotherapeutics against an undisclosed target.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 5:58 am