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TSM

Samsung Electronics Co plans to invest 40 billion yen ($280 million) over five years in a new advanced chip packaging research facility in Yokohama, Japan. This investment is part of Samsung's strategy to enhance collaboration with Japanese chipmaking equipment and materials manufacturers and comes amid reduced tensions between South Korea and Japan. It aligns with the U.S.'s push for its allies to counter China's technological advancement. The Japanese industry ministry is supporting the initiative with subsidies. Samsung's investment aims to strengthen its advanced chip packaging capabilities and bolster its leadership in the chip industry.

Portfolio Pulse from Anusuya Lahiri

December 21, 2023 | 12:18 pm

PSTI

Pluri has signed an agreement with BIRAD–Research & Development Company for the development of its PLX cells to treat cocaine addiction. The deal involves assigning joint patent rights to BIRAD, which could potentially lead to advancements in addiction therapy and provide a new application for Pluri's cell technology.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 12:17 pm

SVFD

Save Foods, through its subsidiary Nitrousink, has initiated a controlled trial to test its solution aimed at reducing greenhouse gas emissions, particularly nitrous oxide.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 12:13 pm

MRK

Merck and Eisai's cancer treatment combination of Keytruda and Lenvima has been publicly listed under drug plans in several Canadian provinces for treating advanced endometrial carcinoma that is not MSI-H or dMMR. This could potentially increase the accessibility and usage of the treatment in Canada, which may have a positive impact on sales.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 12:12 pm

FLR

LASE

Laser Photonics has received an order for its MarkStar Pro Laser Marking System from the Construction Purchasing Division of Fluor. This order could indicate a growing demand for Laser Photonics' products within the construction industry and may signal potential revenue growth for the company.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 12:08 pm

OFIX

Orthofix Medical Inc. (NASDAQ:OFIX) announced the publication of new data supporting the use of PEMF stimulation with their SpinalStim device in lumbar spine fusion procedures. The study, published in the International Journal of Spine Surgery, showed successful fusion and significant improvements in patients at risk of pseudarthrosis.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 12:05 pm

BHC

Bausch Health Companies Inc. has announced positive topline results from a Phase 2 study of Amiselimod, a drug being evaluated for the treatment of ulcerative colitis. Amiselimod is an S1P antagonist, which is a type of drug that may offer a new approach to treating this chronic inflammatory bowel disease.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 12:04 pm

GKOS

Analysts have provided varied ratings for Glaukos (NYSE:GKOS) over the last quarter, with recent updates showing an average 12-month price target of $80.86, up from the previous $75.25. The highest target is $91.00 and the lowest is $65.00. Analyst actions include ratings from 'Overweight' to 'Neutral' and price target adjustments. Glaukos is an ophthalmic medical technology company with products like iStent. Despite positive revenue growth, the company's market capitalization, net margin, ROE, and ROA are below industry averages, although it has a sound debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 12:00 pm

PILBF

SSLZY

WDS

Woodside Energy Group Ltd (NYSE:WDS) has signed a five-year Sales and Purchase Agreement (SPA) with Pilgangoora Operations Pty Ltd, a subsidiary of Pilbara Minerals (OTC:PILBF), to supply Domestic LNG from the Pluto Truck Loading Facility starting Q4 2024. The deal supports Woodside's commitment to domestic gas supply and helps Pilbara Minerals reduce emissions by lowering diesel use. This news follows Woodside's ongoing discussions with Santos Ltd. (OTC:SSLZY) about a potential merger.

Portfolio Pulse from Lekha Gupta

December 21, 2023 | 11:58 am

UUUU

Energy Fuels Inc. has announced the start of uranium production at three of its mines in Arizona and Utah. The company is also preparing two more mines in Colorado and Wyoming for production, expected to commence within the next year.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 11:37 am