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TARA

Protara Therapeutics Inc (NASDAQ:TARA) shared interim data from its bladder cancer study, showing a 38% complete response rate in NMIBC patients. The company also announced a $45M equity raise through a private placement of shares and warrants. Additionally, Protara reached alignment with the FDA on a registrational path for IV Choline Chloride, planning a trial for FDA approval in the first half of 2025.

Portfolio Pulse from Vandana Singh

April 05, 2024 | 4:57 pm

CVS

PRGO

WBA

CVS Health Corp announced its drug plans will cover the first over-the-counter birth control pill, Opill by Perrigo Company Plc, at no charge for many health plan sponsors, marking a significant step in reproductive healthcare accessibility. This follows CVS and Walgreens Boots Alliance Inc's decision to dispense the abortion pill mifepristone, aligning with FDA guidelines. The coverage by CVS Caremark aims to widen contraception access, especially for younger women and those in rural areas. Opill, approved by the FDA in July 2023 for all ages, is priced at $19.99 for a one-month supply.

Portfolio Pulse from Vandana Singh

April 05, 2024 | 4:53 pm

VTRS

Theramex is reviewing the CMA's decision concerning its deal with Viatris (VTRS), focusing on addressing competition concerns. Despite the decision, Theramex commits to providing competitive HRT options for women and ensuring the supply of existing HRT products in the UK remains unaffected.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 4:53 pm

VRTS

Theramex is reviewing the CMA's decision on its deal with Viatris, focusing on addressing competition concerns. Despite the review, Theramex commits to providing competitive HRT options for the NHS and states the decision won't affect its current HRT product supply in the UK.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 4:51 pm

BASFY

XNGSY

BASF SE (OTC:BASFY) has signed a deal with ENN Energy Holdings Limited (OTC:XNGSY) to supply natural gas to its Zhanjiang Verbund site in China. ENN Energy will construct necessary infrastructure for a stable gas supply. This partnership marks a significant step towards BASF's largest investment, the Zhanjiang Verbund site, and supports clean energy supply in the region. BASF aims to make this site a model of sustainable production.

Portfolio Pulse from Lekha Gupta

April 05, 2024 | 4:42 pm

FET

NEAR

RNDR

SOL

TAO

The crypto venture capital landscape in 2024 is shifting towards projects with real-world utility, particularly in AI and Layer-2 solutions. Traditional VCs are re-engaging, with significant interest in AI-related cryptocurrencies like Bittensor, Near Protocol, Fetch, and Render. The industry is moving away from memecoins and NFT hype, focusing on technological sophistication and scalability. Infrastructure projects, especially those involving zero-knowledge proofs and restaking, are also attracting attention. However, NFTs and GameFi sectors are experiencing a decline in funding.

Portfolio Pulse from Murtuza Merchant

April 05, 2024 | 4:40 pm

PLNH

Las Vegas Cannabis Weddings is launching a 'Puff, Puff, Part Ways' divorce party package on April 20, catering to those seeking a unique way to celebrate their divorce. The package includes a guided visit to a dispensary, consumption lounge, and strip club. This new offering capitalizes on the trend of cannabis weddings, a concept popularized by Planet 13, the world's largest cannabis dispensary, which began offering wedding services at its cultivation facility in early 2022.

Portfolio Pulse from Maureen Meehan

April 05, 2024 | 4:19 pm

IYG

XLF

Visa Inc. (NYSE:V) has partnered with Skipify to enhance the capabilities of Skipify's connected wallet, aiming to simplify and accelerate the payment process for consumers. This collaboration leverages Visa's digital payments expertise to deliver convenience and security at checkout. Additionally, Visa introduced Subscription Manager, a service for easier subscription tracking. Visa shares rose 1.3% to $277.77. Exposure to Visa's stock can also be gained through iShares U.S. Financial Services ETF (NYSE:IYG) and SPDR Select Sector Fund - Financial (NYSE:XLF).

Portfolio Pulse from Lekha Gupta

April 05, 2024 | 4:19 pm

CHPT

ChargePoint Holdings, Inc. (NYSE:CHPT) shares are trading slightly lower today, following a report by Needham analyst Chris Pierce on industry pressures. Despite EV sales growth outpacing EVSE growth, increased charger utilization hasn't spurred EVSE installations. CHPT has lost over 80% in value over the past year but has recently formed partnerships with Jumptech and AcBel Polytech to improve home charger installations and develop EV charging solutions.

Portfolio Pulse from Nabaparna Bhattacharya

April 05, 2024 | 4:19 pm

NVO

Novo Nordisk (NYSE:NVO) has been the subject of diverse analyst opinions ranging from bullish to bearish over the past quarter, with a recent shift towards more bullish sentiments. The average 12-month price target for NVO has increased to $144.5, up from $125.00, indicating a positive outlook from financial analysts. This comes amidst Novo Nordisk's strong financial performance, including a significant revenue growth rate of 36.95% and high profitability metrics such as a net margin of 33.35% and ROE of 22.01%. The company, a leader in diabetes care, also shows effective debt management with a low debt-to-equity ratio of 0.25.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 4:01 pm