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SRDX

The FDA has granted 510(k) clearance to Surmodics' Pounce Low Profile Thrombectomy System for non-surgical removal of thrombi and emboli from peripheral arterial vasculature in vessels 2mm-4mm in diameter, typically found below the knee.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 11:33 am

HCWB

HCW Biologics has been granted a patent containing methods of use claims for administering HCW9218 to treat cancer. This development could potentially lead to new cancer treatment options.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 11:33 am

APYX

Apyx Medical Corporation has received FDA 510(k) clearance for its Renuvion Micro Handpiece, a device used in minimally invasive cosmetic procedures. This approval will allow the company to expand its product offerings in the aesthetics market.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 11:32 am

IVA

Inventiva SA (NASDAQ:IVA) announced positive topline results of a Phase 2 clinical study evaluating lanifibranor in patients with NAFLD and type 2 diabetes mellitus. The study achieved the primary efficacy endpoint with a 44% reduction of Intra Hepatic Triglycerides and met multiple secondary metabolic endpoints. IVA shares are up 26.40% at $4.64 during the premarket session.

Portfolio Pulse from Vandana Singh

June 14, 2023 | 11:30 am

CDNS

SSNLF

Cadence Design Systems (CDNS) has signed a multi-year agreement with Samsung Electronics' Samsung Foundry to expand the availability of its design IP portfolio on Samsung's SF5A process technology. The collaboration will enable joint customers to access a complete design IP solution from Cadence, a Samsung Advanced Foundry Ecosystem partner.

Portfolio Pulse from Nabaparna Bhattacharya

June 14, 2023 | 11:21 am

AMD

AMD shares are trading higher after a report suggests that Amazon's cloud unit is considering using the company's AI chips.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 11:12 am

PLUG

Plug Power aims to produce over 2,000 tons of hydrogen per day from its green hydrogen network and deploy one gigawatt of stationary power products by 2030. The company also plans to ship five GW of electrolyzers annually and deliver 500,000 fuel cell-powered forklift trucks.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 11:10 am

TSVT

2Seventy Bio's shares are trading lower after the company paused its phase 1 trial of the Plat-08 study of SC-DARIC33 in acute myeloid leukemia.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 11:09 am

PLUG

Plug Power (PLUG) has partnered with Avina Clean Hydrogen Inc. to deliver containerized proton exchange membrane (PEM) electrolyzer systems for a green hydrogen production facility in southern California, targeting the commercial mobility sector.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 11:08 am

AAPL

Apple is expected to upgrade all iPhone 15 models to a 48MP primary camera, with Sony providing the sensors. The non-Pro iPhone 15 models could see increased demand due to the higher resolution camera. Supply constraints for parts like cameras may cause potential delays in iPhone 15 production.

Portfolio Pulse from Rounak Jain

June 14, 2023 | 11:06 am