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NVO

YPHDF

Ypsomed has signed a long-term supply agreement with Novo Nordisk for large quantities of autoinjectors. The autoinjectors will be used for self-treatment in various metabolic indications. Novo Nordisk is contributing a significant part of the investment for the new additional production infrastructure. The first step with significant capacity for manufacturing YpsoMate autoinjectors will be available for Novo Nordisk in 2025.

Portfolio Pulse from Charles Gross

September 20, 2023 | 8:47 am

ABBV

The FDA has accepted Alvotech's resubmitted Biologics License Application (BLA) for AVT02, a high-concentration interchangeable biosimilar candidate to Humira. This could potentially impact the market share of Humira, which is produced by AbbVie Inc.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 8:33 am

CLFD

Clearfield, Inc. (NASDAQ:CLFD) has announced the launch of its FieldShield blowable MPO fibre assemblies, a first-of-its-kind product in the fibre industry. The product, developed as part of the integration of Nestor Cables, Ltd, a subsidiary of Clearfield, is capable of blowing fibre over 1.5 km.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 7:34 am

CLVT

Clarivate Plc (NYSE:CLVT) has launched Forecast, an AI-driven solution designed to help intellectual property professionals optimize their IP portfolios and strategy. This new tool is expected to enhance the company's offerings and potentially boost its market position.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 7:32 am

PARA

Paramount+ is expanding its premium streaming service to Japan in partnership with J:COM and WOWOW Inc. This move is expected to increase the reach of Paramount+ and potentially boost its revenues.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 7:17 am

TSLA

Tesla Inc has reminded its customers that they have until September 30 to transfer their Full Self-Driving (FSD) capability from their old vehicle to their new one. This one-time opportunity is only available for the third quarter. The FSD capability is currently priced at $12,000, following a 20% price cut earlier this month.

Portfolio Pulse from Anan Ashraf

September 20, 2023 | 7:16 am

BA

FXI

Boeing (NYSE:BA) predicts that China will require 8,560 new commercial airplanes by 2042 due to economic growth and increasing demand for domestic air travel. According to Boeing's Commercial Market Outlook, China's commercial airliner fleet will more than double to nearly 9,600 jets over the next 20 years.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 7:15 am

SPRY

The FDA has issued a Complete Response Letter for ARS Pharma's neffy® Epinephrine Nasal Spray, requesting additional study. The company plans to appeal the issuance.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 7:09 am

MSFT

Bernstein's analyst Mark Moerdler has reaffirmed an Outperform rating on Microsoft's stock and increased his price target to $400 from $398, citing the potential of the company's AI cloud-computing services to yield higher profits than initially anticipated. Moerdler's research suggests that Microsoft has taken a significant lead in the development of Generative AI offerings, platform software, and design architectures. Microsoft's CFO Amy Hood earlier this month reaffirmed the company's optimistic forecast that its suite of AI tools will reach $10 billion in revenue at a faster rate than any other software business in its history.

Portfolio Pulse from Benzinga Neuro

September 20, 2023 | 6:52 am

HYMTF

Georgia Tech and Hyundai Motor Group are collaborating on sustainable mobility. Hyundai is investing approximately $12 billion in electric vehicle (EV) manufacturing and battery production.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:21 am