Streetbeat News

Products Services

LASE

Laser Photonics Corporation has received an order for its CleanTech Laser Cleaning Systems from Santa Rosa Junior College. This order represents a new application of Laser Photonics' technology in the education sector, potentially opening up a new market segment for the company.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:59 am

AZN

BMY

MRK

RHHBY

The FDA has approved Bristol Myers Squibb's Augtyro for treating ROS1-positive non-small cell lung cancer. Acquired through a $4.1 billion deal with Turning Point Therapeutics, Augtyro demonstrated a 79% objective response rate in TKI-naïve patients. It enters a competitive market with existing treatments from Roche, Merck, and AstraZeneca. Augtyro will be available in the U.S. in mid-December 2023, and BMY shares closed at $51.57.

Portfolio Pulse from Vandana Singh

November 16, 2023 | 11:48 am

PSN

Parsons Corporation's Sealing Technologies and InfiniteTactics have partnered to launch a new high-performance computing solution called the Mobile Tactical Edge, designed to enhance capabilities for defense and law enforcement applications.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:33 am

SWTX

SpringWorks Therapeutics announced positive topline results from the Phase 2b ReNeu trial of Mirdametinib for NF1-PN, showing a 52% response rate in pediatric patients and 41% in adults. The treatment led to significant improvements in patient-reported outcomes and was well tolerated with low rates of severe adverse events. Additional data will be presented at a medical conference, and an NDA submission to the U.S. FDA is planned for the first half of 2024. The company will host a conference call to discuss these results.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:33 am

TFX

Teleflex has enrolled the first patient in a clinical registry to collect data on the outcomes of the MANTA Vascular Closure Device when used in standard care transcatheter aortic valve replacement procedures. The registry aims to examine the on-label use of the device.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:32 am

NOAH

At the 2023 Investor Day, Noah Holdings Limited outlined its growth strategy and global expansion plans, highlighting progress in Hong Kong, Singapore, and the US.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:27 am

MSFT

NVDA

At Microsoft's Ignite event, Nvidia CEO Jensen Huang emphasized the transformative potential of AI, claiming it will be 'bigger than the internet.' Nvidia, with an 80% market share in AI semiconductor chips, is well-positioned to benefit from the AI boom, having made $6 billion in profit earlier this year. Bill Gates also highlighted the significance of AI, comparing it to the internet's invention.

Portfolio Pulse from Ananya Gairola

November 16, 2023 | 11:12 am

TBPH

Theravance Biopharma announced it will present new data on Ampreloxetine at the 34th International Symposium on the Autonomic Nervous System. This event could provide insights into the drug's efficacy and potential market impact.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:11 am

KBR

KBR, Inc. has announced an expansion of its support for the development of new energy technologies, systems, and processes. This move aligns with the UK government's initiative to achieve net-zero emissions. The company's involvement in this sector could signal its commitment to sustainable practices and potentially open up new business opportunities in the green energy space.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:09 am

IBM

IBM has announced new sustainability projects and is offering free training in green and technology skills to vulnerable communities as part of its commitment to climate action. These initiatives are aimed at reducing environmental impact and promoting social responsibility.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:08 am