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SPRB

Spruce Biosciences has completed target enrollment for its CAHmelia-203 study in adult classic congenital adrenal hyperplasia. The final enrollment is expected to exceed the target due to substantial patient interest. Topline results for the study are anticipated in the first quarter of 2024. The company also anticipates the completion of enrollment for CAHmelia-204 in early first quarter of 2024.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 12:06 pm

REE

REE Automotive's initial order book value has grown to approximately $25M, a 30% increase since the end of August 2023. The company is progressing towards full vehicle certification with expected first customer deliveries by the end of 2023 and a production plan of up to 300 P7 trucks in 2024. REE's Authorized Dealer Network has also expanded to 15 dealers covering the U.S. and Canada.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 12:05 pm

NVAX

Novavax has received full approval from Singapore's Health Sciences Authority for its Covid-19 vaccine, Nuvaxovid, for active immunization in individuals aged 12 and older.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 12:04 pm

MYNZ

Mainz Biomed is set to present the results of its ColoFuture study at the 4th International Conference on Gastroenterology in Paris. The results indicate a significant improvement in non-invasive colorectal cancer (CRC) screening, particularly for the detection of advanced adenomas. The clinical trial evaluating the company's novel mRNA biomarkers demonstrated a sensitivity for colorectal cancer of 94% with a specificity of 97% and advanced adenoma sensitivity of 80%.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 12:04 pm

F

Ford has announced a series of organizational changes as part of its Ford+ Growth Plan. Kumar Galhotra will lead Ford's global industrial system as COO, overseeing vehicle hardware engineering, gas and hybrid programs, cycle planning, supply chain, and manufacturing. Doug Field will continue to oversee worldwide electric vehicle programs, development of EV technologies and digital platforms, and Ford's design studios. Andrew Frick will become president of Ford Blue, the customer-centered gas and hybrid business.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 12:04 pm

AMZN

IBM

IBM has expanded its relationship with Amazon Web Services (AWS) to bring generative AI solutions and dedicated expertise to clients. This move is expected to enhance IBM's AI offerings and potentially increase its market share in the AI industry.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 12:02 pm

CRBU

Caribou Biosciences has announced that the FDA has cleared its IND application for CB-012, an allogeneic anti-CLL-1 CAR-T cell therapy for the treatment of relapsed or refractory acute myeloid leukemia.

Portfolio Pulse from Bill Haddad

October 18, 2023 | 12:00 pm

AMZN

Amazon is integrating advanced AI and robotics technologies in its warehouse operations to enhance efficiency and safety. The new system, Sequoia, can reduce order fulfillment time by up to 25% and accelerate inventory identification and storage by 75%. Despite the rapid integration of robotics, Amazon emphasizes its commitment to worker safety and job preservation.

Portfolio Pulse from Anusuya Lahiri

October 18, 2023 | 11:39 am

PTN

Palatin Technologies is planning to initiate a clinical study of Melanocortin 4 Receptor Agonist + GLP-1 in obese patients. The company has reported preclinical data showing synergistic weight loss.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 11:37 am

AAPL

META

SNAP

Tech analyst Marques Brownlee has shared his views on the race between Meta Platforms Inc. and Apple in the development of VR headsets and smart glasses. Meta is investing heavily in both technologies, with products like Quest 3 and Ray-Ban's Meta Smart Glasses. Apple, on the other hand, is set to release its first-generation mixed-reality headset, Vision Pro, in 2024. Brownlee also mentioned Snapchat's focus on smart glasses.

Portfolio Pulse from Ananya Gairola

October 18, 2023 | 11:26 am