Streetbeat News

Partnerships

LLY

VERV

Verve Therapeutics has partnered with Eli Lilly for its preclinical in vivo gene editing program targeting Lipoprotein(a) for atherosclerotic cardiovascular disease. Verve will receive $60M upfront and an equity investment, plus $465M in milestone payments.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 10:34 am

ZNTL

Zentalis Pharmaceuticals has terminated its Collaboration and License Agreements with Zentera Therapeutics, regaining worldwide development and commercialization rights to azenosertib, ZN-d5, and ZN-c5 in Greater China. Zentalis will pay Zentera $30 million upfront, a milestone payment, and a low single-digit royalty on net sales.

Portfolio Pulse from Charles Gross

June 15, 2023 | 10:28 am

AMZN

BBVA

BBVA has selected Amazon Web Services (AWS) to accelerate its data-driven transformation, aiming to improve customer experience and drive innovation.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 9:59 am

ENS

EnerSys has signed a non-binding Memorandum of Understanding with Verkor SAS to explore the development of a lithium battery gigafactory in the US. The companies are planning, searching for a location, and evaluating funding options for the facility. EnerSys aims to enhance lithium-ion battery production across various end markets and applications.

Portfolio Pulse from Lekha Gupta

June 15, 2023 | 9:43 am

HUIZ

Huize has signed a strategic partnership agreement with China Pacific Property Insurance and announced the launch of 'Xiao Xin An No.3', a comprehensive accident insurance product for the elderly.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 9:32 am

ABCL

Confo Therapeutics has entered into a research collaboration with AbCellera for the discovery of therapeutic antibody candidates targeting two undisclosed GPCR targets. Confo will apply its ConfoBody technology and be entitled to upfront payments, milestones, and tiered royalties on net product sales.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 9:07 am

FINV

FinVolution's subsidiary AdaKami has signed a strategic cooperation with Bank OCBC NISP to drive innovation in the digital financial ecosystem and facilitate credit access in Indonesia. The partnership will expand the company's financing facility by 100 billion Rupiah.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 9:06 am

EVEX

UAL

Eve Air Mobility (NYSE:EVEX) and United Airlines (NASDAQ:UAL) plan to introduce electric commuter flights in San Francisco by 2026. The collaboration aims to establish the necessary infrastructure and future route network for electric flights in the Bay Area.

Portfolio Pulse from Anan Ashraf

June 15, 2023 | 8:40 am

AAPL

BBY

Best Buy has expanded its Upgrade Plus program to include the Apple Watch Ultra, allowing customers to purchase the smartwatch under a three-year financing program with monthly payments starting at $17.32. The program, launched in partnership with Apple and Citizens Bank, initially offered financing for select Apple products like the MacBook Pro and Mac.

Portfolio Pulse from Rounak Jain

June 15, 2023 | 8:38 am