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ASMB

Assembly Biosciences (ASMB) is set to present preclinical data on its investigational helicase-primase inhibitors, which could have significant implications for the company's future product pipeline and market position.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:04 pm

HRTX

Heron Therapeutics announced that its product ZYNRELEF has been included in the proposed 2025 non-opioid policy for pain relief under Medicare OPPS and ASC payment systems. This policy is set to be effective from April 1, 2025, and is based on ZYNRELEF's postoperative pain indication and its potential to reduce opioid use.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:03 pm

CKPT

FBIO

GC Cell and Checkpoint Therapeutics are collaborating to explore the combined therapeutic potential of Checkpoint's anti-PD-L1 drug, cosibelimab, with GC Cell's autologous T cell therapy, Immuncell-LC.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:03 pm

PLRX

Pliant Therapeutics announced positive 24-week data from its Phase 2a trial of bexotegrast in patients with primary sclerosing cholangitis (PSC). The 320 mg dose was well tolerated and showed significant improvements in liver stiffness, alkaline phosphatase levels, and hepatocyte function compared to placebo.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:02 pm

HPQ

HP has introduced the world's highest performance AI PC, the OmniBook Ultra, which features 55 TOPS NPU performance and Wolf Security. The new AI platform includes apps from Beautiful.ai, Loccus.ai, Luminar Neo, Omnibridge, Polymer, and Virtual Sapiens, aimed at enhancing productivity and content creation.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:02 pm

BLK

COIN

DJT

FSLR

QQQ

RUN

SPY

U.S. stocks are set for a positive start ahead of Federal Reserve Chairman Jerome Powell's speech and key earnings reports. Futures for major indices are up, with the SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) showing gains in premarket trading. Trump Media & Technology Group Corp. (DJT) surged over 50% following improved odds for Donald Trump. Crypto-linked stocks like Coinbase Global, Inc. (COIN) rallied, while solar stocks Sunrun Inc. (RUN) and First Solar, Inc. (FSLR) fell. Goldman Sachs Group, Inc. (GS) and BlackRock, Inc. (BLK) are set to announce quarterly results.

Portfolio Pulse from Shanthi Rexaline

July 15, 2024 | 11:52 am

RIO

SLX

Rio Tinto (NYSE:RIO) and Ngarluma Aboriginal Corporation are collaborating on an 80MW solar farm in Australia, aiming to reduce Rio Tinto's CO2 emissions by up to 120kT annually. The project is part of Rio Tinto's broader goal to deploy 600MW to 700MW of renewable energy by 2030. The feasibility study is expected by early 2025, with commissioning planned for 2027.

Portfolio Pulse from Lekha Gupta

July 15, 2024 | 11:39 am

MDWD

Mölnlycke Health Care has invested $15 million in MediWound Ltd. (NASDAQ:MDWD) through a private investment in public equity (PIPE) to enhance wound care solutions. MediWound specializes in next-generation enzymatic therapeutics for non-surgical wound debridement.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 11:38 am

TSLA

Tesla CEO Elon Musk criticized climate activists who vandalized a Cybertruck on display in Hamburg, Germany. The activists, part of the Last Generation group, protested against the vehicle's high energy consumption. This incident is part of ongoing tensions between Tesla and environmentalists in Germany, who are concerned about the company's factory expansion in Brandenburg.

Portfolio Pulse from Anan Ashraf

July 15, 2024 | 11:30 am

MDWD

MediWound Ltd. (NASDAQ:MDWD) announced a $25M strategic private placement financing of 1.45M shares at $17.20/share to advance EscharEx pre-commercial activities. The funds will be used for development and manufacturing capabilities for EscharEx and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 11:09 am