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BWAY

BrainsWay has expanded the market penetration of its Deep Transcranial Magnetic Stimulation technology in India. This move is expected to increase the company's global reach and revenue.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:34 am

SNGX

Soligenix has expanded its Phase 2A trial of SGX302, a synthetic hypericin, for mild-to-moderate psoriasis after demonstrating a biological effect in the initial five subjects. The study is expected to enroll at least an additional five subjects.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:34 am

DFLI

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) has announced that its lithium-ion batteries will be standard equipment in all nuCamp RV travel trailer and truck camper products starting from the 2024 model year. The batteries, marketed as Battle Born Batteries, were previously offered as an upgrade option for nuCamp customers since 2022. The new agreement expands the partnership to fully integrated power systems supplied by Battle Born Batteries.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:33 am

AMAT

Applied Materials, Inc. has introduced Vistara, its most significant wafer manufacturing platform innovation in over a decade. The platform is designed to provide chipmakers with the flexibility, intelligence, and sustainability needed to tackle growing chipmaking challenges.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:32 am

CGTX

Cognition Therapeutics has begun dosing the first patient in its MAGNIFY study of oral CT1812 for Geographic Atrophy secondary to Dry AMD. The study is a randomized, placebo-controlled trial expected to enroll around 246 adults diagnosed with dry AMD with measurable GA.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:32 am

VRDN

Viridian shares are trading lower following the release of mixed interim data from the Phase 1/2 trial of VRDN-001 in chronic thyroid eye disease.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:32 am

META

Evercore ISI analysts estimate that Meta Platforms, Inc's Threads app will generate approximately $8 billion in annual revenue over the next two years from nearly 200 million daily active users. This surpasses Twitter's $5.1 billion in sales and revenue earned in its last full year as a public company. However, KeyBanc Capital Markets anticipates that Threads will have a limited immediate financial impact as Meta focuses on adoption rather than monetization.

Portfolio Pulse from Anusuya Lahiri

July 11, 2023 | 11:11 am

GXO

GXO Logistics has reported a successful deployment of its Global Robotics Services (GRS) robots in a 3D sortation system. The 30-day pilot program took place at a GXO facility in Stradella, Italy, which houses an ecommerce operation.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:10 am

MQ

Marqeta has announced a partnership with Fitbank, expanding its operations into Brazil. Fitbank will use Marqeta as a payment processor and also serve as a BIN sponsor for Marqeta's customers looking to launch in the region.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:08 am

FLNC

TenneT and Fluence Energy GmbH have signed a contract for two Netzboosters (Grid Boosters) at the Technology Centre in Erlangen. The Grid Boosters will use Fluence Ultrastack, an advanced energy storage product designed to meet the high asset availability requirements of critical infrastructure.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:06 am