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SKYH

Sky Harbour Group Corporation (SKYH) announced that Will Whitesell has joined as COO, replacing Alex Saltzman who has amicably separated from the company. Loren Benedict has joined subsidiary RapidBuilt as chief of operations. Additionally, SKYH updated its construction budget for Dallas Addison Airport Phase 1, increasing the estimate from $25-27 million to $30-32 million.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 10:12 pm

ABBV

CVS

AbbVie has signed an agreement to supply Cordavis, a CVS Health subsidiary, with a committed volume of co-branded Humira.

Portfolio Pulse from Charles Gross

January 03, 2024 | 10:06 pm

ABBV

CVS

Abbvie has entered into an agreement to supply Cordavis, a CVS Health company, with a committed volume of co-branded Humira. The Cordavis Humira product is expected to be available in the second quarter.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 10:05 pm

CVS

CVS Caremark has announced that starting April 1, 2024, Humira will be excluded from major national commercial template formularies, and instead, biosimilars to Humira will be covered. This move is part of CVS Caremark's ongoing efforts to promote the adoption of biosimilars.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 10:03 pm

VIGL

Vigil Neuroscience announced that it is on track to report interim Phase 1 data for VG-3927 in mid-2024 and Phase 2 results for iluzanebart in ALSP in Q3 2024. The company also stated that its cash runway is extended into the second half of 2025. Additionally, Vigil Neuroscience will present at the J.P. Morgan Healthcare Conference on January 11, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 9:36 pm

CAN

CIFR

SDIG

Canaan Inc. (CAN) has secured follow-on purchase orders for over 17,000 Bitcoin mining machines from Cipher Mining Inc. (CIFR) and Stronghold Digital Mining, Inc. (SDIG). Cipher's JV entities bought 16,700 A1466 model Avalon Miners, while Stronghold purchased 1,100 A1346 model Avalon Miners. Both companies have previously installed Canaan's machines at their facilities, and the new orders will be delivered in 2024. The CEOs of Canaan, Cipher, and Stronghold expressed positive sentiments about the partnerships and the performance of Canaan's mining technology.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 9:35 pm

PROF

Profound Medical Corp. announced preliminary unaudited revenues for Q4 and FY23, with Q4 revenue expected between $1.9M-$2M and FY23 revenue between $7.1M-$7.2M, slightly below estimates. The company highlighted the growth of its TULSA-PRO® system, now in 10 of the top 20 US cancer hospitals, and discussed future priorities including increasing the installed base and supporting system utilization. Profound also mentioned the closing of recent financing and the anticipation of revenue growth with the introduction of permanent CPT® Category 1 codes for TULSA in 2025.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 9:20 pm

CALM

Cal-Maine Foods has announced that the outbreak of Highly Pathogenic Avian Influenza will persist in affecting the egg supply until the layer hen flock is completely restored. This situation suggests a continued strain on egg production, which may impact the availability and pricing of eggs in the market.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 9:19 pm

DOV

Dover Fueling Solutions (DFS), a part of Dover Corporation (NYSE:DOV), has announced a collaboration with Click & Find to deliver a fuel transportation volume monitoring and tracking solution in the EMEA region. This solution integrates ProGauge magnetostrictive probe technology to enable fuel retailers and transportation companies to control operations, mitigate risks, and streamline processes. It provides security from loading to delivery, integrates with various software systems, and complies with industry standards.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 9:18 pm

CIFR

Cipher Mining has entered into an agreement through its joint venture entities to purchase 16,700 units of Avalon A1466 miners, with delivery expected in Q4 of 2024. This move is likely to expand Cipher Mining's operational capabilities and enhance its mining efficiency once the units are deployed.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 9:16 pm