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AZN

AstraZeneca's stock is trading higher following the announcement that its asthma treatment, Airsupra, has been approved by the FDA as an anti-inflammatory rescue medication.

Portfolio Pulse from Luke J Jacobi

January 22, 2024 | 1:50 pm

SLNH

Soluna Holdings, Inc. has secured an 8.8 MW hosting contract with an undisclosed Bitcoin miner. The company will host S19 and S19 Pro mining rigs under a 1-year profit-sharing arrangement. Soluna is currently preparing the site for the customer's hardware, which will be phased in over the coming weeks.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:47 pm

AISP

BYTS

Airship AI Holdings, Inc. (AISP) issued a stockholder letter reflecting on 2023 achievements, including a Nasdaq listing through a merger with BYTE Acquisition Corp. (BYTS). The company anticipates triple-digit revenue growth and positive EBITDA in 2024, backed by a $11.8M backlog and a $140M pipeline. Demand from Fortune 500 and government agencies, especially for border protection technologies, is driving growth. Investments in internal capabilities and new product launches, such as the Outpost AI edge appliance, are expected to capitalize on the $7.0 billion edge AI market.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:46 pm

BDRX

SNY

Biodexa Pharmaceuticals PLC (NASDAQ:BDRX) CEO Stephen Stamp released a shareholder letter detailing the company's progress in 2023 and outlining expected milestones for 2024. Biodexa, which focuses on treatments for diseases with unmet medical needs, including Type 1 diabetes and rare brain cancers, has transitioned from a single-asset company to a multi-asset therapeutics company. Key developments include the in-licensing of tolimidone for Type 1 diabetes, advancement of MTX110 for Glioblastoma Multiforme, and progress on MTD217 for leptomeningeal disease. The company expects to announce various preclinical and clinical data in 2024 and has raised $6.0 million to support these efforts.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:45 pm

INBS

Intelligent Bio Solutions Inc. (INBS) announced that DGP Plc has chosen its Intelligent Fingerprinting Drug Screening System for in-house drug testing. The system offers a non-invasive, rapid method for testing drugs through fingerprint sweat, which is more convenient and less disruptive compared to traditional methods. DGP Plc, a UK construction logistics firm, will use the system for its 450 employees and contractors to enhance safety and productivity. INBS's CEO highlighted the system's flexibility and cost savings for organizations.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:42 pm

FOXO

FOXO Technologies has entered into a licensing agreement with KR8.ai to develop new epigenetic wellness solutions. The commercial launch of their VITHAR™ AI Health Coach is reportedly ahead of schedule, although the specific terms of the agreement have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:39 pm

SPGC

Sacks Parente Golf, Inc. (NASDAQ:SPGC) division Newton Golf Shafts has signed PGA TOUR Champions player Ken Duke to endorse its new Newton Motion Shaft. Duke has already seen success with the shaft, ranking first in driving accuracy at a recent event and achieving impressive finishes in subsequent tournaments. The Newton Motion Shaft features proprietary carbon fiber technology designed to enhance performance with straighter, longer shots and reduced effort. Duke will also collaborate with Newton on product design, offering player insights.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:20 pm

ARQT

Arcutis Biotherapeutics, Inc. has launched ZORYVE topical foam for the treatment of seborrheic dermatitis in the U.S. ZORYVE is the first drug with a new mechanism of action for this condition in over 20 years and is available in pharmacies with strong reimbursement from major pharmacy benefit managers. The product is steroid-free, offers rapid disease clearance, and is well-tolerated. Arcutis will host a conference call to discuss the launch and has programs to support patient access and adherence.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:17 pm

DLR

Digital Realty (NYSE:DLR) has announced the expansion of ServiceFabric, its service orchestration platform, which now includes 70 members offering over 100 services. ServiceFabric is part of PlatformDIGITAL, a global data center platform critical for AI and HPC workloads. The Service Directory, a marketplace for partners' offerings, facilitates secure and direct connections to over 200 global cloud on-ramps. Executives from Console Connect, Colt Technology Services, Fortinet, Hivelocity, IDC, Lumen, Rackspace, and Zenlayer have expressed support for the platform's capabilities and potential for growth.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:13 pm

SVRE

SaverOne 2014 Ltd. (NASDAQ:SVRE) will install its safety system across Strauss Group's entire fleet in Israel after a successful trial. The trial on 17 trucks showed a significant reduction in accidents. Strauss Group, a major food manufacturer, values safety and responsible road use. The deal is strategic for SaverOne, as Strauss is partnered with Frito-Lay, a subsidiary of PepsiCo, indicating potential for international expansion.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 1:11 pm