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AVTE

Aerovate Therapeutics, Inc. (NASDAQ:AVTE) announced the appointment of Habib Dable as Chair of the Board, succeeding Mark Iwicki. Dable's extensive experience in drug development and commercialization is highlighted as valuable for Aerovate's future, especially with the upcoming Phase 2b data readout of AV-101 in PAH and the ongoing Phase 3 trial. AV-101, a dry powder inhaled formulation of imatinib for PAH, has shown promise in Phase 1 trials and is currently in Phase 3 to evaluate its safety and efficacy.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:11 pm

CRM

Salesforce has announced the availability of Einstein 1 Studio, a suite of low-code AI tools designed to enhance the capabilities of its platform. This development aims to empower users with little to no coding experience to leverage artificial intelligence in their operations, potentially transforming how businesses interact with data and automate processes.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:09 pm

CDTX

Cidara Therapeutics announced it will present preclinical data on several novel drug-Fc conjugate candidates at the AACR Annual Meeting 2024. This showcases the company's ongoing research and development efforts in creating innovative treatments.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:09 pm

CPSH

CPS Technologies (CPSH) has entered into a licensing agreement with Triton Systems, acquiring exclusive global rights to manufacture and sell products using Triton's FRA Composite Technology. This strategic move could potentially expand CPSH's product offerings and market reach.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:08 pm

GOOGL

Google (NASDAQ:GOOGL) has made significant changes to comply with the European Union's Digital Markets Act (DMA), which aims to increase competition among tech giants by imposing specific obligations. These changes include a new search page layout for European users, removal of Google Flights data from search results, and providing new browser and search choice screens for Android users in the European Economic Area. This comes after Google and Microsoft decided not to contest the new EU regulation and follows a series of regulatory challenges Google faced in the EU.

Portfolio Pulse from Benzinga Neuro

March 06, 2024 | 1:07 pm

ADV

Adlucent, part of Advantage Solutions Inc. (ADV), has launched its BEACON application on Google Cloud Marketplace. BEACON integrates first-party data with BigQuery and enhances conversions via Google Ads API, offering advertisers improved data control and campaign insights. This launch follows Adlucent's achievement of Google Cloud partner status, emphasizing its commitment to providing advanced marketing solutions.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:06 pm

ITRM

Iterum Therapeutics announced it expects to resubmit its New Drug Application (NDA) for oral Sulopenem to the FDA earlier than initially planned, aiming for the first half of Q2 2024. This update indicates progress in the company's efforts to bring its antibiotic treatment to market.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:04 pm

OTIS

Otis Worldwide Corporation (NYSE: OTIS) has been awarded a project by Emaar Properties to modernize 34 elevators and all eight escalators in the Burj Khalifa, the world's tallest building. The contract also includes a 10-year service extension for maintaining these units. Otis, having installed the original elevators and escalators in 2010, will leverage its global experience from projects like the Empire State Building to ensure minimal disruption and enhanced efficiency. The modernization will feature an upgraded Elevator Management System for improved operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:03 pm

AMZN

LDOS

Leidos, a defense contractor and information technology company, has entered into a strategic collaboration agreement with Amazon Web Services (AWS), a subsidiary of Amazon.com, Inc. The financial terms of the agreement were not disclosed. This partnership aims to leverage AWS's cloud services to enhance Leidos's offerings in the defense and information technology sectors.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:02 pm

EL

Estee Lauder's stock price is trading lower due to a report indicating that its acne cream products have high levels of carcinogens.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 12:56 pm