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ALDX

Aldeyra Therapeutics has completed enrollment for its Phase 3 trial of Reproxalap, a treatment for dry eye disease. The company expects to release clinical trial results and potentially resubmit a New Drug Application in the second half of 2024.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 11:04 am

VANI

Vivani Medical, Inc. (NASDAQ:VANI) announced that the FDA has cleared its Investigational New Drug Application for NPM-119, allowing the commencement of the LIBERATE-1 Phase 1 trial. This trial will evaluate the safety, tolerability, and pharmacokinetics of Vivani’s six-month GLP-1 implant for type 2 diabetes. The study is set to start in the second half of the year. Vivani is also developing other drug implants targeting chronic weight management.

Portfolio Pulse from Akanksha Bakshi

June 13, 2024 | 11:01 am

VANI

Vivani Medical announced that their upcoming study will be the first clinical application of NanoPortal, their proprietary implant platform technology.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 11:00 am

VANI

Vivani Medical is studying NPM-119 to address medication non-adherence and improve tolerability issues associated with oral and injectable type 2 diabetes medications.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 11:00 am

VANI

Vivani Medical announced that the FDA has cleared its Investigational New Drug (IND) application and lifted the clinical hold for NPM-119, a miniature long-term subdermal GLP-1 drug implant.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 11:00 am

B

RTX

Barnes Aerospace and RTX's Pratt & Whitney Canada have extended their long-term repair services agreement, allowing further collaboration on developing repairs for new and existing aerospace engines.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 10:47 am

SHEL

Shell is set to acquire Pavilion Energy assets from Temasek, expanding its LNG market reach in Europe and Singapore. The deal, valued in the hundreds of millions of dollars, will make Shell the largest gas supplier in Singapore. This acquisition aligns with Shell's LNG market growth ambitions.

Portfolio Pulse from Benzinga Neuro

June 13, 2024 | 10:40 am

MRC

XOM

MRC Global has signed an agreement to become the primary provider of pipe, valves, and fitting products and services to ExxonMobil in North America. The agreement covers all of ExxonMobil's upstream and downstream facilities for maintenance, repair, operations, and project work. No financial terms were disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 10:34 am

LEV

Lion Electric Company (NYSE:LEV) has announced the final certification of its heavy-duty battery pack, the LionBattery HD, designed for its heavy-duty trucks. This certification follows stringent testing and ensures compliance with rigorous safety regulations. The battery pack will power the Lion8 Tractor, an all-electric Class 8 commercial truck.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 10:34 am

META

Meta Platforms Inc. (NASDAQ:META) faces a complaint in Norway for using user data from Facebook and Instagram to train AI models, potentially violating EU data protection laws. The Norwegian Consumer Council claims Meta's opt-out process is deceptive and difficult. The complaint will be reviewed by the Norwegian Data Protection Authority and other European authorities.

Portfolio Pulse from Benzinga Neuro

June 13, 2024 | 10:33 am