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OMGA

Omega Therapeutics, Inc. (NASDAQ:OMGA) announced preliminary data from its ongoing Phase 1/2 MYCHELANGELO I study evaluating OTX-2002 in patients with hepatocellular carcinoma and other solid tumors. The data shows encouraging safety, tolerability, and pharmacokinetic results. OTX-2002, the company's lead development candidate, is designed to downregulate MYC, a master oncogene implicated in more than 50% of all cancers and approximately 70% of HCC cases.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 11:03 am

IONS

Ionis Pharmaceuticals announced positive topline results for the Phase 3 Balance study of olezarsen in people with familial chylomicronemia syndrome. The trial met its primary efficacy endpoint with a significant reduction in triglyceride levels and a 100% reduction in acute pancreatitis events compared to placebo.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 11:02 am

CLVT

Clarivate PLC (CLVT) has announced plans to create an Academia and Government Innovation Incubator to drive innovation and boost AI expansion. The company has acquired Alethea, an AI-powered students content engagement platform created by Pangea. This month, CLVT also launched Forecast, an AI-driven solution designed to optimize intellectual property portfolios and strategy.

Portfolio Pulse from Lekha Gupta

September 26, 2023 | 10:55 am

SKM

SK Telecom Co Ltd (NYSE:SKM) has unveiled a new 'AI Pyramid Strategy' to become a global AI company. The strategy focuses on AI Infrastructure, AI Transformation (AIX), and AI Service. The company plans to expand its data center business globally, launch a next-generation inference AI chip, and develop LLM customized to telcos and enterprise markets. It also aims to integrate AI into its core business areas and launch the world's first Korean LLM service. The company expects AI-related investment to triple to 33% over the next five years.

Portfolio Pulse from Lekha Gupta

September 26, 2023 | 10:44 am

TSLA

Tesla Inc. (NASDAQ:TSLA) has removed the option to redeem referral points for factory tours at its Giga Texas or Fremont Factory, just 10 days after announcing the offer. The company had allowed users with 15,000 referral credits to exchange them for a tour of either factory. The removal was speculated to be due to an overwhelming number of reservations.

Portfolio Pulse from Anan Ashraf

September 26, 2023 | 10:42 am

FSR

Fisker Inc. (NYSE:FSR) announced that it has built 5,000 Fisker Ocean SUVs and plans to increase deliveries to 300 vehicles per day later this year. The company has delivered over 900 vehicles in its European and US launch markets, with several hundred more expected this week. The Fisker Ocean Extreme, priced at $68,999, has the longest range of any new electric SUV in its class.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 10:34 am

VERV

Verve Therapeutics announced it will present interim data from its ongoing heart-1 Phase 1b clinical trial of VERVE-101 for patients with high-risk heterozygous familial hypercholesterolemia at the American Heart Association's Scientific Sessions 2023. VERVE-101 is an investigational medicine designed to inactivate the PCSK9 gene in the liver to reduce low-density lipoprotein cholesterol. The company expects to report initial safety and pharmacodynamic data, as well as blood PCSK9 and blood LDL-C levels.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 10:33 am

TRMB

Trimble (TRMB) has partnered with Kyivstar to provide GNSS correction services for agriculture, construction, and geospatial applications in Ukraine. This partnership will allow Trimble to expand its services in the region.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 10:32 am

AULT

Ault Alliance, Inc. (NYSE:AULT) has announced that its subsidiary, Eco Pack Technologies, Inc., will acquire an 80% ownership stake in Eco Pack Technologies LTD. Eco Pack is a leader in eco-centric packaging alternatives, using Siemens Digital technology to develop sustainable packaging solutions. The company's solutions are expected to replace conventional cardboard boxes and shrink-wraps in major retail chains. The deal is subject to customary closing conditions and regulatory approval.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 10:31 am

BEEM

Beam Global has announced the completion of the initial deployment of its solar-powered EV ARC electric vehicle charging systems for a top global automotive manufacturer.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 10:08 am