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ESTA

The FDA has granted 510(k) clearance to Establishment Labs for its Motiva Flora SmoothSilk Tissue Expander. This makes Flora the only magnet-free and MR Conditional tissue expander cleared for the U.S. market.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 10:03 am

WBD

Warner Bros. Discovery is set to launch its streaming service, Max, in France next summer. This move is part of the company's global expansion strategy.

Portfolio Pulse from Charles Gross

October 16, 2023 | 10:03 am

AZN

Ascentage Pharma has announced a clinical collaboration with AstraZeneca to conduct a Phase III study of Bcl-2 inhibitor Lisaftoclax in combination with BTK inhibitor Acalabrutinib in treatment-naive patients with first-line CLL/SLL. The global multi-center, randomized-controlled, open-label, pivotal Phase III confirmatory trial is designed to evaluate the efficacy and safety of the combination versus immunochemotherapy.

Portfolio Pulse from Charles Gross

October 16, 2023 | 8:52 am

AZN

AstraZeneca's supplemental New Drug Application (sNDA) for Tagrisso in combination with chemotherapy has been granted Priority Review by the FDA for the treatment of adult patients with locally advanced or metastatic EGFR-mutated non-small cell lung cancer. The FDA's decision is expected in the first quarter of 2024.

Portfolio Pulse from Charles Gross

October 16, 2023 | 8:44 am

AAPL

The cost of components for manufacturing Apple's iPhone 15 Pro Max has increased by 12% to $558, according to an analysis by Nikkei. The major contributors to this increase were the titanium frame and the new A17 Pro chipset. Apple was able to offset some of this cost increase due to falling prices of memory and storage. However, all four iPhone models could see price hikes from 2024 as the company tries to pass on the increasing costs to its customers.

Portfolio Pulse from Rounak Jain

October 16, 2023 | 8:24 am

GILD

Gilead Sciences is set to participate in the 19th European AIDS Conference in Warsaw, Poland from October 18-21, 2023. The company will provide updates on its signature initiatives, key collaborations, and new scientific data from its HIV research and development programs. The focus will be on the long-term and real-world HIV research, particularly on the treatment with Biktarvy® and Sunlenca®.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 7:45 am

DTEGY

TMUS

T-Mobile US and Deutsche Telekom Global have completed the testing of the world's first 5G standalone roaming program with AIS and Sunrise. This marks a significant milestone in the development of 5G technology.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 7:43 am

TSLA

Tesla CEO Elon Musk has praised the company's Full Self-Driving (FSD) technology, stating that it successfully navigated him through crowds at the Austin City Limits Music Festival without any human intervention. This comes after Musk's earlier statement this year that Tesla is close to achieving full autonomy with its FSD technology.

Portfolio Pulse from Anan Ashraf

October 16, 2023 | 7:42 am

VMW

The Government of Monaco has adopted a VMware Sovereign Cloud, provided by Monaco Cloud, to enhance data security and accelerate its digital services targets. This move is expected to help protect sensitive data, comply with national laws, and modernize public services. Monaco Cloud, a VMware partner, will operate the Government's sovereign cloud to support the 'Extended Monaco' program, aimed at making digital technology the foundation of all public policies and services.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 7:37 am

HP

TSXV:FO

Helmerich & Payne (NYSE:HP) has successfully completed drilling operations on the Amungee NW 3H well in partnership with Falcon Oil & Gas Australia Limited's joint venture partner, Tamboran. The well was drilled to a depth of 3,837 metres, intersecting the Amungee Member B-shale at a depth of 2,272 metres. Drilling took 17.9 days, 20 days faster than the previous well, with total costs of A$12.6 million. A stimulation program is planned for Q2 2024. Falcon has also appointed Tennyson Securities as joint broker alongside Cavendish Securities Plc.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 7:36 am