Streetbeat News

Partnerships

PFE

Flagship Pioneering has expanded its strategic partnership with Pfizer through two new research programs with Quotient Therapeutics. These programs focus on somatic mutations for cardiovascular and renal disease therapies, building on a collaboration initiated in July 2023.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 2:45 pm

SERV

SHAK

Shake Shack has partnered with Serve Robotics to deliver meals using autonomous robots, as reported by Fox Business. This collaboration could enhance Shake Shack's delivery efficiency and Serve Robotics' market presence.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 2:22 pm

VRAX

Virax Biolabs Group Limited (NASDAQ:VRAX) stock surged 30.3% after announcing a distribution agreement for RT-PCR Mpox detection kits in 13 European countries and the Gulf Cooperation Council. The kits have high sensitivity and specificity rates, providing results in under 70 minutes.

Portfolio Pulse from Dylan Berman

August 28, 2024 | 2:14 pm

FL

Fourlis Group has announced licensing agreements with Foot Locker to expand its network in South East Europe. Additionally, Fourlis will acquire Foot Locker operations in Greece and Romania.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 2:05 pm

NVS

Novartis AG's cholesterol-lowering drug, Leqvio, showed positive results in a Phase 3 study, meeting its primary endpoints. The study is part of a larger clinical trial program assessing Leqvio for cardiovascular disease prevention. Novartis also announced a strategic collaboration with Lindy Biosciences to transition select medicines to subcutaneous injections.

Portfolio Pulse from Vandana Singh

August 28, 2024 | 1:33 pm

AMZN

SUMO

Sumo Logic has entered into a strategic collaboration agreement with Amazon Web Services (AWS) to enhance its AI-powered log analytics solutions for development, security, and operations teams.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:25 pm

AAPL

Apple plans to enhance the optical zoom function in future iPhones to remain competitive. The company will collaborate with Largan Precision and Genius Electronic Optical for advanced lens solutions, flash, and Lidar scanner technology.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:20 pm

SOUN

SoundHound AI has announced that MUSC Health is deploying an AI agent named 'Emily' to improve patient access. This solution uses the Amelia Patient Engagement Solution integrated with Epic for better appointment management.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:04 pm

AAPL

BIDU

ITOT

VIG

IDC forecasts a 5.8% increase in global smartphone shipments in 2024, with Apple poised to benefit from GenAI and the iPhone 16. Despite Android's faster growth, Apple's local AI partnerships in China and premiumization trends are expected to drive its market share. Apple stock has gained 27% in the last year, with analysts predicting further upside.

Portfolio Pulse from Anusuya Lahiri

August 28, 2024 | 1:04 pm

ACIU

Life Molecular Imaging, a partner of AC Immune, has received FDA Fast Track Designation for its PI-2620 Tau-PET diagnostic tool, which is used in three neurodegenerative conditions. This development could potentially accelerate the approval process and enhance the marketability of the diagnostic tool.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:03 pm