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GUTS

Fractyl Health, Inc. (NASDAQ:GUTS) is accelerating its REMAIN-1 clinical study and expanding the protocol for its REVITALIZE-1 study, potentially increasing the U.S. treatment population for its Revita device by nearly six-fold. The company aims to provide durable weight maintenance and enhanced glucose regulation for patients with obesity and type 2 diabetes (T2D). Key data from these studies are expected between Q4 2024 and mid-2025.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:07 am

FREY

FREYR Battery (NYSE:FREY) has achieved a significant milestone in battery cell production at its Customer Qualification Plant in Norway. The company successfully produced unit cells in a continuous process, enhancing the technical and economic competitiveness of its SemiSolid™ technology. FREYR aims to reach nominal production speeds, produce multi-layer battery cells, and secure additional development capital.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:06 am

TRDA

Entrada Therapeutics announced positive preliminary data from its Phase 1 trial for ENTR-601-44-101 in healthy volunteers. The drug was well-tolerated with no serious adverse events and showed promising plasma and muscle concentrations. The company plans to submit regulatory applications in Q4 2024 to initiate Phase 2 trials in Duchenne Muscular Dystrophy patients.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:05 am

SHOP

TGT

Target Corporation (NYSE:TGT) has partnered with Shopify to expand its online marketplace, Target Plus, by offering products from Shopify merchants. This partnership will also bring select merchants' products into Target's physical stores.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:05 am

SON

Sonoco Products Company (NYSE:SON) announced it will acquire Eviosys, a leading European food can manufacturer, from KPS Capital Partners for $3.9 billion. The acquisition will make Sonoco the leading global manufacturer of metal food cans and aerosol packaging, with expected synergies of over $100 million.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:03 am

ORCL

Oracle has announced the general availability of the Oracle Clinical Digital Assistant for ambulatory clinics in the US. Integrated with Oracle Health EHR, the solution aims to enhance the doctor-patient experience through clinical automation, conversation-based note generation, and proposed clinical follow-ups at the point of care.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:02 am

IDYA

Ideaya Biosciences announced updates for its IDE397 Phase 2 clinical program targeting MTAP-deletion solid tumors. The program includes expansion in bladder and squamous lung cancer, with data expected in H2 2024. Over 35 clinical trial sites have been activated globally.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:02 am

AEIS

Advanced Energy Industries, Inc. (NASDAQ:AEIS) has acquired Airity Technologies, a provider of high voltage power conversion products. The acquisition will enhance AEIS's portfolio with Gallium Nitride (GaN) based technologies, improving power density and response time for semiconductor, industrial, and medical applications.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:01 am

AAPL

BABA

JD

NFLX

VGT

VUG

Apple Inc. (AAPL) has added Alibaba (BABA) and JD.com (JD) apps to its Vision Pro headset in China to boost its market success. The headset, priced at $3,500, has struggled in the U.S. but will launch in China, Japan, and Singapore on June 28. Apple aims to navigate regulatory challenges and enhance its product offerings in China.

Portfolio Pulse from Benzinga Neuro

June 24, 2024 | 9:45 am

BA

Boeing's Starliner spacecraft has faced another delay in its return to Earth from the International Space Station, with no new date set. NASA is taking its time to address small helium system leaks and thruster performance issues. The delay allows for critical station activities and system upgrades. If successful, Boeing will join SpaceX in shuttling astronauts to and from the ISS.

Portfolio Pulse from Anan Ashraf

June 24, 2024 | 9:24 am