Streetbeat News

Partnerships

DNA

Ambrosia Bio has partnered with Ginkgo Bioworks to develop an expression strain for the scalable production of Ambrosia Bio's proprietary enzymes. These enzymes are used for the conversion of feedstock into allulose.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 11:10 am

WBX

Wallbox, a provider of electric vehicle (EV) charging solutions, announced that its Pulsar Plus EV charger will be available for purchase at Costco stores across the US starting in July. This move could potentially increase the visibility and sales of Wallbox's products.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 11:02 am

IGT

International Game Technology (IGT) has signed a cross-licensing agreement with FDJ Gaming Solutions France for eInstant content.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 10:51 am

BUD

Brendan Whitworth, CEO of Anheuser-Busch InBev (BUD), stated in a CNN interview that the company is ready to move past the controversy surrounding its partnership with a transgender influencer.

Portfolio Pulse from Charles Gross

June 29, 2023 | 10:44 am

KA

MRK

Kineta, Inc. (NASDAQ:KA) has achieved a development milestone in its research and development collaboration with Merck (MRK), triggering a $5 million payment. The collaboration is focused on the discovery and development of novel candidates for the treatment of amyotrophic lateral sclerosis (ALS).

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 10:33 am

JOBY

South Korea's SK Telecom has made an equity investment of $100 million in Joby Aviation, leading to a rise in Joby Aviation's share prices.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 10:14 am

JOBY

SKM

South Korea's leading telecommunications company, SK Telecom (NYSE:SKM), is making a $100 million equity investment in Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service. This investment is part of an expanded partnership between the two companies, which is expected to lead to further partnerships across the mobility ecosystem in Korea.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 10:11 am

RMTI

Rockwell Medical has entered into a three-year co-promotion services agreement with B. Braun Medical to promote Rockwell's hemodialysis concentrates products to dialysis providers in the United States, primarily on the West Coast.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 10:10 am

FXI

China has issued measures to promote opening in some free trade zones and ports on a pilot basis to meet high international standards. This will allow foreign financial institutions in these pilot free trade zones to launch the same new services as Chinese financial institutions.

Portfolio Pulse from Charles Gross

June 29, 2023 | 9:18 am

SNY

BioMed X Institute has started its first research project in collaboration with Sanofi. The project aims to develop a computational platform that can predict the efficacy of drug candidates in virtual patient populations with high accuracy. This could address the pharmaceutical industry's current 90% failure rate of new drug candidates during clinical development.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 9:03 am