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ICCM

IceCure Medical Ltd. (NASDAQ:ICCM) has received FDA clearance for its next-generation XSense Cryoablation System with CryoProbes, a minimally-invasive technology for tumor destruction.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:33 pm

ALLO

Allogene Therapeutics has started patient screening for its pivotal Phase 2 ALPHA3 trial at several cancer centers. The trial aims to offer CAR T as a first-line treatment at community cancer centers, with enrollment expected to complete by the first half of 2026 and a potential BLA submission in 2027.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:31 pm

MRK

Merck and Orion have agreed to convert their co-commercialization agreement for Opevesostat into an exclusive global license for Merck. Orion is now eligible for up to $30M in development milestones, $625M in regulatory milestones, and $975M in sales milestones.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:20 pm

AMZN

DT

Dynatrace has become the first AWS partner to integrate with AWS Application Migration Service, enhancing its capabilities in cloud migration and monitoring.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:19 pm

HELE

POWW

YUMC

The article highlights three oversold consumer discretionary stocks with RSI values near or below 30, indicating potential buying opportunities. The stocks mentioned are Ammo Inc (NASDAQ:POWW), Helen of Troy Limited (NASDAQ:HELE), and Yum China Holdings Inc (NYSE:YUMC).

Portfolio Pulse from Avi Kapoor

July 01, 2024 | 12:15 pm

NRXP

NRx Pharmaceuticals has provided a shareholder update outlining potential revenue and profitability paths for 2025. The company anticipates revenue in 2024 from HOPE Therapeutics-branded clinics and in 2025 from the sales of NRX-100 (IV Ketamine) pending FDA approval, as well as NRX-101 for suicidal bipolar depression and akathisia.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:15 pm

PERF

Perfect Corp. has partnered with NAO-ART to introduce a generative AI-powered virtual try-on experience for wigs. This new feature allows consumers to try on up to 53 augmented reality (AR) wigs, including both fashion and medical wigs, in various colors and styles.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:15 pm

AITR

AREC

American Resources Corporation's subsidiary, American Metals LLC, has completed a business combination with AI Transportation Acquisition Corp, valuing the combined company at $170 million. American Metals aims to expand its preprocessing of end-of-life magnets, lithium-ion batteries, and ferrous metals to ensure a domestic supply chain for various materials.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:14 pm

BAH

Booz Allen Hamilton (NYSE: BAH) has been awarded a $419 million, seven-year contract by the National Science Foundation to modernize and support its IT operations. This contract will enhance the NSF's merit review and grants management system, leveraging Booz Allen's expertise in IT transformation.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:09 pm

INFN

Infinera has expanded its partnership with Japan's APRESIA Systems by integrating Infinera ICE-X coherent pluggables into APRESIA's product offerings. This collaboration aims to enhance network performance and scalability.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:07 pm