Streetbeat News

Partnerships

ALZN

Alzamend Neuro (NASDAQ: ALZN) has partnered with Massachusetts General Hospital to conduct a Phase II clinical trial of AL001, a next-generation lithium therapeutic drug candidate. The study aims to compare AL001 with a marketed lithium carbonate product to identify an ideal dose that is safe and effective for treating major depressive disorder (MDD).

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 12:18 pm

AIMD

Ainos shares are trading higher after the company announced that it has obtained exclusive licenses for a total of 10 invention patents and patent applications from Taiwan Carbon Nano Technology.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 12:16 pm

TKLF

Yoshitsu Co., Ltd (NASDAQ:TKLF) has entered into agreements with Grun Group Thailand Co. Ltd. to establish a franchise network in Southeast Asia under the 'Tokyo Lifestyle' brand. This move is part of Yoshitsu's regional expansion strategy.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 12:15 pm

KNDI

Kandi Technologies has entered a partnership with Hartford Industrial to enhance electric vehicle production. The agreement leverages advanced capabilities in Asia and aims to expand market reach in the U.S.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 12:15 pm

ABSI

Absci Corporation (NASDAQ:ABSI) has announced a collaboration with Memorial Sloan Kettering Cancer Center to discover and develop novel therapeutics using generative AI. The partnership will focus on up to six programs, leveraging Absci's Integrated Drug Creation™ platform.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 12:14 pm

SBUX

Starbucks shares are trading higher following a report suggesting that activist investor Starboard Value has a stake in the company.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 12:07 pm

META

Meta and Universal Music Group have announced an expanded global multi-year agreement to enhance creative and commercial opportunities for UMG artists and songwriters across Meta platforms, including Facebook, Instagram, Messenger, Horizon, Threads, and WhatsApp.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 12:05 pm

PRZO

ParaZero Technologies Ltd. (NASDAQ:PRZO) has received an order from a leading Tier-One defense company for 50 drone safety systems for military operational use. The partnership aims to enhance the efficiency and safety of medical field mission deliveries, particularly in critical and remote areas.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 11:53 am

BBY

NIU

Niu Technologies reported a 13.5% revenue growth in Q2 2024, driven by a 20.8% increase in e-scooter sales volume. However, the company faced a decline in gross margin and reported an adjusted net loss. A partnership with Best Buy is expected to boost US market penetration. The stock has plunged over 47% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

August 12, 2024 | 11:25 am

SPNS

Sapiens has announced a new contract for its Sapiens ReinsurancePro solution with Society Insurance. The terms of the contract were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 11:19 am