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AstraZeneca reported positive results from a metastatic breast cancer treatment study for Enhertu, showing significant improvement in progression-free survival. Additionally, AstraZeneca's Truqap, in combination with Faslodex, is recommended for approval in the EU for certain breast cancer patients. Daiichi Sankyo, co-developer of Enhertu, also plays a role in these developments.

Portfolio Pulse from Vandana Singh

April 29, 2024 | 1:26 pm

RDZN

Roadzen Inc. (Nasdaq: RDZN) has entered a five-year partnership with Dalmia Transport & Logistics to implement its DrivebuddyAI technology, aimed at enhancing fleet safety and operational efficiency. The technology, which combines ADAS and telematics, was chosen after a three-month validation process. This partnership underscores Roadzen's growing global presence and its potential inclusion in the Russell 2000, as noted by Piper Sandler & Co. and Jefferies Financial Group Inc.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 1:22 pm

BYDDF

LI

NIO

TSLA

China's industrial association has released a list of 76 intelligent connected vehicle models that comply with the country's auto data security standards, including models from Tesla, BYD, Li Auto, Lotus, Hozon New Energy Automobile, and NIO. The vehicles underwent tests for compliance with data anonymization, non-collection of in-car data, in-car data processing, and notification of personal information processing, starting in November 2023.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 1:19 pm

MULN

Mullen Automotive's stock is trading higher following the announcement that the California Air Resources Board has approved the 2024 Mullen THREE for inclusion in the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 1:17 pm

HCM

HUTCHMED's stock is trading higher following the announcement on Friday of a positive CHMP opinion for Fruquintinib.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 1:17 pm

SINT

Sintx Technologies, Inc. (SINT) and Prodways Group have entered into an agreement regarding the supply of ceramic slurry and the development of 3D printing processes. This partnership aims to enhance the capabilities and applications of 3D printing technology in various industries by leveraging Sintx's expertise in ceramic materials and Prodways' advanced 3D printing technologies.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 1:16 pm

AEHL

Antelope Enterprise Holdings Limited (AEHL) announced its plan to launch an energy transmission business, appointing Mr. Huoyou Zhang and Mr. Di Wu to lead the initiative. The business, operated through AEHL US LLC, aims to supply power to a Texas data center and secure hosting sites for cryptocurrency mining, starting operations in Q3 2024. Mr. Qiguo Wang resigned from the Board for personal reasons.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 1:14 pm

BPTS

Biophytis SA, a clinical-stage biotech company, is implementing a strategy to find partners for its obesity drug, BIO101, currently in phase 2 development. The company aims to license out BIO101 for co-development and commercialization, targeting the high-prevalence obesity markets in the USA, China, and Brazil. Biophytis will attend the BIO US conference in San Diego to advance this strategy, emphasizing the need for collaboration to address the obesity challenge.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 1:12 pm

CNHI

Intelsat and CNH (NYSE:CNHI) have partnered to provide satellite connectivity for smart farming in remote areas of Brazil. This collaboration will utilize Intelsat's global network and ruggedized multi-orbit satellite terminals installed on CNH farm equipment, aiming to enhance agricultural productivity through better connectivity. Intelsat's expansion in Brazil includes an operations center and new satellite capacity to support this initiative, with the service expected to launch in the third quarter of the year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 1:10 pm

MULN

Mullen Automotive announces the 2024 Mullen THREE EV truck, priced at $68,500, now eligible for up to $45,000 in HVIP incentives plus a $7,500 federal tax credit, potentially reducing its cost to under $17,000. The California Air Resources Board has approved the vehicle, highlighting its significance for businesses aiming to electrify their fleets. The Mullen THREE, a Class 3 low cab forward EV truck, offers a 125-mile range and is designed for various urban delivery and vocational needs.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 1:05 pm