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VTRS

Viatris and Kindeva Drug Delivery have launched Breyna, the first generic version of AstraZeneca's Symbicort. The inhalation aerosol is indicated for certain patients with asthma or chronic obstructive pulmonary disease.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 11:04 am

AAPL

ETHUSD

MATICUSD

US Representatives Gus Bilirakis and Jan Schakowsky have expressed concerns about Apple's App Store Guidelines and their potential impact on non-fungible tokens (NFTs) and blockchain technologies. They believe that Apple's limitations may restrict the development and integration of these technologies. They also questioned whether Apple has plans to develop apps utilizing blockchain or related technologies.

Portfolio Pulse from Mehab Qureshi

July 31, 2023 | 10:53 am

LMDX

LumiraDx has signed a commercial distribution agreement with Axon Lab to commercialize its platform and diagnostic tests. The agreement includes exclusive distribution rights in Switzerland and non-exclusive rights in other European countries.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 10:03 am

ALLR

Allarity Therapeutics, Inc. (NASDAQ:ALLR) and FivepHusion have entered into a Clinical Collaboration Agreement. Under this agreement, Allarity will support FivepHusion's future clinical development of Deflexifol™ for the treatment of solid tumors by using certain of Allarity's drug-specific DRP® companion diagnostics.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 10:02 am

RIVN

TSLA

Rivian Automotive Inc (NASDAQ:RIVN) has adjusted its warranty for its dual motor drive system. The warranty for dual motors is now 4 years or 50,000 miles, compared to 5 years or 60,000 miles for its quad motor vehicles. The battery pack warranty for dual motors is 8 years or 150,000 miles. This change aligns Rivian's warranty with that of Tesla Inc (NASDAQ:TSLA), BMW, and Mercedes, who also offer a basic warranty of four years.

Portfolio Pulse from Anan Ashraf

July 31, 2023 | 9:59 am

AAPL

Apple Inc. (NASDAQ:AAPL) has confirmed a bug in its Screen Time parental controls that allows children to bypass time limits set by their parents. The bug, which has been present for several months, affects the Family Sharing system and the Downtime feature. Apple has acknowledged the issue but has not yet provided a solution or a timeline for a fix.

Portfolio Pulse from Rounak Jain

July 31, 2023 | 9:54 am

EWH

TSLA

Tesla has reportedly reduced prices on some Model 3 and Model Y vehicles in Hong Kong, according to HK Economic Times cited by Reuters.

Portfolio Pulse from Charles Gross

July 31, 2023 | 9:10 am

BB

BlackBerry Limited has been selected by the Mobility in Harmony (MIH) Consortium, a group initiated by Hon Hai Precision Industry Co. Ltd (Foxconn), to provide the foundation for its next-generation electric vehicle platform. The consortium aims to create an open ecosystem to transform and accelerate innovation within the electric vehicle industry.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 9:03 am

IMMP

MRK

Immutep Limited announced that its TACTI-002 Phase II trial data for the treatment of 1st line non-small cell lung cancer has been accepted for presentation at the 2023 European Society for Medical Oncology Congress. The data pertains to the combination of eftilagimod alpha and KEYTRUDA, Merck & Co.'s anti-PD-1 therapy.

Portfolio Pulse from Charles Gross

July 31, 2023 | 8:48 am

META

Meta Platforms Inc.'s Threads app is planning to introduce new features such as a desktop version and direct messages, as more than half of its users have left the app. The app, which is a clone of Twitter, reached 100 million users within five days of its launch but has since seen a significant drop in growth. Instagram head Adam Mosseri and Mark Zuckerberg have reassured staff that this drop is normal and are focusing on improving the app's features and algorithms.

Portfolio Pulse from Rounak Jain

July 31, 2023 | 8:06 am