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SPNS

Sapiens ReinsurancePro has been chosen by Rockford Mutual Insurance to improve efficiency and reduce claims leakage. This automation aims to ensure financial stability and operational excellence for the reinsurer.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:22 am

ELEV

Elevation Oncology has reported initial data from the dose escalation portion of its ongoing Phase 1 clinical trial of EO-3021. The trial showed a 42.8% confirmed objective response rate (ORR) in a subset of patients with Claudin 18.2-enriched gastric and GEJ cancer. The company observed minimal MMAE-associated toxicities and plans to advance into monotherapy dose expansion and combination cohorts, with additional data expected in the first half of 2025.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:18 am

PLTR

Palantir Technologies Inc. (NYSE:PLTR) reported an 83% YoY surge in U.S. commercial customers, attributing the growth to its boot camps and pilot programs. The company plans to continue leveraging these programs to attract new customers and transition them from prototype to production. Palantir's Q2 earnings beat revenue and EPS estimates, showing a 41% increase in customer count and a 55% YoY increase in U.S. commercial revenue. Analyst Dan Ives called the performance a 'game changer quarter,' highlighting Palantir's strong position in the AI market.

Portfolio Pulse from Ananya Gairola

August 06, 2024 | 11:15 am

OKYO

OKYO Pharma has been granted a European patent for its novel OK-101 chemerin analogs, enhancing its intellectual property portfolio.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:09 am

PMN

ProMIS Neurosciences Inc. (NASDAQ:PMN) has published two papers highlighting the role of toxic misfolded superoxide dismutase-1 (SOD1) aggregates in the pathogenesis of ALS. The research supports targeting misfolded proteins as a therapeutic strategy for ALS and potentially other neurodegenerative diseases.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:07 am

GRMN

Garmin has announced that customers can now make purchases in the Connect IQ Store using Garmin Pay. This new feature aims to enhance user convenience and streamline the purchasing process within the Garmin ecosystem.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:59 am

MRK

Daiichi Sankyo and Merck have expanded their partnership to co-develop and co-commercialize MK-6070, a DLL3 targeting T-cell engager, for cancer treatment. Merck retains exclusive rights in Japan.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:50 am

INFU

SNN

InfuSystem has signed a three-year distribution deal with Smith+Nephew for its Negative Pressure Wound Therapy system and supplies.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:37 am

PLTR

Palantir Technologies Inc. (NYSE:PLTR) has launched a new software platform called 'Warp Speed' aimed at revitalizing American manufacturing. The platform integrates various manufacturing operations and is designed to address limitations in traditional ERP systems. The announcement comes as Palantir reports significant revenue growth and emphasizes its commitment to U.S. interests, particularly in defense-related industries.

Portfolio Pulse from Kaustubh Bagalkote

August 06, 2024 | 10:30 am

BHP

BQSSF

CAULF

DYLLF

Uranium explorers are urging Western Australian authorities to lift the ban on uranium mining to capitalize on rising global demand and prices. Australia holds a significant portion of the world's uranium reserves but has limited mining operations due to state bans. The call to lift the ban is supported by industry leaders and could potentially generate $1 billion in exports and create 9,000 jobs.

Portfolio Pulse from Stjepan Kalinic

August 06, 2024 | 10:29 am