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HALO

Halozyme Therapeutics, Inc. (NASDAQ:HALO) has been granted a new European patent for its ENHANZE drug delivery platform, which will be validated in 37 European countries and expires on March 6, 2029. A conference call is scheduled for June 6, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:08 pm

INTC

Intel and its partners will utilize Sharp's LCD plants in Japan for semiconductor research, as reported by Nikkei. This collaboration aims to advance chip technology and leverage Sharp's existing facilities.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:06 pm

VTYX

Ventyx Biosciences announced preclinical data for its CNS-penetrant NLRP3 inhibitor VTX3232, showing significant improvements in obesity, cardiometabolic, and inflammatory markers in diet-induced obesity mice. The combination of VTX3232 with the GLP-1 receptor agonist semaglutide showed additive effects.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:01 pm

AMGN

Amgen is scheduled to present at the Goldman Sachs 45th Annual Global Healthcare Conference on June 10 at 9:20 a.m. ET.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:01 pm

BROS

Dutch Bros (NYSE:BROS) shares are trading higher after TD Cowen analysts maintained a Buy rating and $46 price target. The firm highlighted the company's mobile ordering, advertising, menu innovation, and a shift to a 'built-to-suit' store development strategy, predicting free cash flow profitability by 2026.

Portfolio Pulse from Vaishali Prayag

June 05, 2024 | 7:52 pm

BA

ITA

NOC

PPA

RTX

The U.S. flew a B-1B bomber over the Korean Peninsula, escalating tensions in the region. Boeing, RTX, and Northrop Grumman are key suppliers to the South Korean military. Defense-themed ETFs like ITA, XAD, and PPA are also impacted.

Portfolio Pulse from Hayden Buckfire

June 05, 2024 | 7:43 pm

AMZN

GOOG

GOOGL

WMT

Amazon and Walmart are competing to dominate the drone delivery market, which is projected to be a $10 billion industry by the end of the decade. Amazon has made significant progress with its Prime Air program, while Walmart has partnered with Alphabet's Wing and Zipline for its drone delivery services.

Portfolio Pulse from Hayden Buckfire

June 05, 2024 | 7:40 pm

AMGN

Amgen Inc (NASDAQ:AMGN) announced positive Phase 3 trial results for Uplizna in treating Immunoglobulin G4-related disease. The trial met all primary and secondary endpoints, showing significant efficacy and safety. Amgen plans to seek expanded US approval for Uplizna, which was acquired through a $27.8 billion deal with Horizon Therapeutics.

Portfolio Pulse from Vandana Singh

June 05, 2024 | 7:26 pm

MDT

Medtronic Plc (NYSE:MDT) has initiated a recall for some versions of its StealthStation S8 application due to a software error. The FDA classified the recall as Class I, the most serious kind. The error could lead to serious permanent injuries during cranial procedures. Medtronic plans to offer a software update to resolve the issue. MDT shares are down 1.41%.

Portfolio Pulse from Vandana Singh

June 05, 2024 | 7:23 pm

BNTX

JNJ

MRNA

NVAX

PFE

FDA advisers have recommended the inclusion of the JN1 COVID variant in vaccines. This decision could impact companies involved in vaccine production, such as BioNTech (BNTX), Johnson & Johnson (JNJ), Moderna (MRNA), Novavax (NVAX), and Pfizer (PFE).

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 7:23 pm