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Partnerships

TOVX

Theriva Biologics shares rose after being selected as a finalist for Merck KGaA's EMEA Advance Biotech Grant.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:38 pm

TOVX

Theriva Biologics (NYSE:TOVX) has been selected as one of five finalists for Merck KGaA's EMEA Advance Biotech Grant. The finalists will present to a panel during BIO Europe 2024 in Stockholm.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:37 pm

ASGN

ECS, a brand under ASGN, has secured a $528 million contract with the Department of Homeland Security's CISA to standardize data integration for cybersecurity tools across federal agencies. This six-year task order aims to enhance cybersecurity data visibility and risk management.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:34 pm

GOOG

GOOGL

UBER

Waymo, Alphabet's self-driving subsidiary, has reached a $45 billion valuation, surpassing Ford and other major brands. The company raised $5.6 billion in a recent funding round and continues to expand its driverless taxi services in partnership with Uber.

Portfolio Pulse from Aaron Bry

October 31, 2024 | 8:34 pm

COHU

Cohu, Inc. announced that its Neon platform was selected by a leading U.S. memory and data storage technologies customer for inspection metrology of high bandwidth memory devices used in high-performance computing and AI applications. This selection highlights Cohu's advanced vision technology and AI inspection software, positioning it well in the growing HBM market.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:31 pm

KRMD

KORU Medical Systems presented data at the PODD 2024 Conference showing a strong nursing preference for their FreedomEdge Infusion System over manual syringe administration for subcutaneous oncology infusions. The study highlighted benefits such as increased patient interaction, reduced nurse and patient discomfort, and ease of use.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:26 pm

BRLS

WMT

Borealis Foods is expanding its distribution in the U.S. by launching Ramen Noodles by Chef Ramsay in over 1,300 Walmart stores nationwide. This move aims to enhance their healthy and affordable food lines.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:22 pm

NMTC

ZBH

NeuroOne Medical Technologies Corporation has expanded its distribution agreement with Zimmer Biomet, granting Zimmer Biomet exclusive rights to distribute NeuroOne's OneRF Ablation System in the U.S. and certain international markets. NeuroOne will receive a $3 million upfront payment, and the agreement is expected to enhance the company's sales revenue and profitability.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:17 pm

EOSE

Eos Energy Enterprises, Inc. has achieved the second set of performance milestones related to Cerberus Capital Management's strategic investment, allowing it to draw an additional $65 million from a Delayed Draw Term Loan.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:12 pm

MOLN

Molecular Partners presented promising in vivo data for their Radio-DARPin Therapy candidate MP0712 at the EANM Congress, with first-in-human trials expected in 2025. The company has revised its strategic agreement with Orano Med to co-develop four RDT candidates. Molecular Partners is financially stable, funded into 2027, and continues to advance its clinical programs.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:05 pm