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ANAB

CNTA

AnaptysBio, Inc. has secured an exclusive license for Centessa Pharmaceuticals' BDCA2 modulator antibody portfolio, including the lead asset CBS004 (to be renamed ANB101), for treating autoimmune and inflammatory diseases. Anaptys plans to file an IND for ANB101 in H2 2024 and expects to maintain a cash runway through 2026. The deal involves a $7M upfront payment from Anaptys to Centessa, with additional potential milestone payments and royalties on sales.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 9:16 pm

OLED

BOE Technology Group and Universal Display Corporation have entered into long-term agreements for OLED technology. These agreements will allow BOE to use Universal Display's proprietary UniversalPHOLED technology and materials for OLED displays. The collaboration is expected to enhance product offerings and leverage Universal Display's expertise in the OLED market.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 9:16 pm

BITF

Bitfarms has placed an order for 35,888 Bitmain T21 miners at a cost of $2,660 each, with deliveries scheduled between March and May 2024. This investment in mining hardware is a significant step for the company, indicating a commitment to expanding its mining capabilities over the next year.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 9:13 pm

FTHM

Fathom Holdings Inc. (NASDAQ:FTHM), through its subsidiary Fathom Realty, announced a revised agent commission structure expected to add $3.1M to its EBITDA in 2024. The changes include an increase in the annual fee from $600 to $700 and a new 'High-Value Property Fee' for properties over $600,000, which adds $200 to $250 based on the property price. The company believes these changes will minimally impact agents while aiding Fathom's growth objectives.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 9:10 pm

BA

Boeing subsidiary Millennium Space Systems has successfully completed the Critical Design Review (CDR) for its Missile Track Custody Space Vehicle less than a year after receiving the authorization to proceed. This milestone indicates progress in the development of the vehicle, which is designed to track missiles.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 9:04 pm

BA

Millennium Space Systems, a subsidiary of Boeing (NYSE:BA), has completed the Critical Design Review (CDR) for the Missile Track Custody (MTC) space vehicle. This milestone was achieved less than a year after the project was authorized and only five months after the Preliminary Design Review. The company will now proceed to deliver six space vehicles for MTC Epoch 1, which includes two additional vehicles from the original contract and four more from an expanded Other Transaction Authority. The focus on digital engineering and a mature spacecraft architecture has allowed for rapid progress and is expected to reduce risks in vehicle production.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 9:02 pm

SNES

SenesTech, Inc. has launched its EVOLVE Soft Bait fertility control product in select Ace Hardware franchise locations in California. This move represents an expansion of the company's distribution channels for its innovative pest control solution.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 9:02 pm

PCVX

STRO

Vaxcyte, Inc. has exercised an option and entered into a manufacturing rights agreement with Sutro Biopharma, Inc. to gain control over the development and manufacture of cell-free extract for its pneumococcal conjugate vaccine (PCV) franchise. This move is part of Vaxcyte's strategy to support the global commercialization of its PCV candidates, VAX-24 and VAX-31. Vaxcyte paid Sutro $50 million in cash and will pay an additional $25 million within six months, with potential future milestone payments totaling up to $60 million.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 9:01 pm

SVRE

SaverOne Inc (NASDAQ:SVRE) stock surged over 50% after announcing a pilot with System Logistics to equip a portion of their vehicles with SaverOne's safety solutions. The pilot could expand to the entire fleet, marking a significant step in SaverOne's growth in Europe and strengthening its presence in Italy.

Portfolio Pulse from Henry Khederian

November 27, 2023 | 8:46 pm

PLTR

Palantir Technologies, Inc (NYSE:PLTR) experienced a slight decline on Monday after a 10% retracement from its 52-week high of $21.85. The stock had surged about 30% since October 31, driven by increased interest in AI and a seven-year contract with the U.K.'s NHS. Palantir also reported a Q3 earnings beat on November 2. Despite the recent pullback, technical analysis suggests the stock may have found a local bottom and could rise if it regains the eight-day EMA. Resistance is at $19.95 and $21.09, with support at $17.84 and $16.29.

Portfolio Pulse from Melanie Schaffer

November 27, 2023 | 8:44 pm