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AZN

CDT

Conduit Pharmaceuticals (NASDAQ: CDT) has entered into a licensing agreement with AstraZeneca (NASDAQ: AZN) to develop and commercialize three drug candidates. AstraZeneca will receive Conduit shares and a share of sublicense revenues. Conduit plans to conduct Phase 2 trials in 2024.

Portfolio Pulse from Vandana Singh

August 08, 2024 | 10:00 am

CDT

Conduit Pharmaceuticals has announced that its assets have shown favorable preclinical and Phase I data, and the company is set to initiate Phase II clinical trials.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:00 am

AZN

CDT

Conduit Pharmaceuticals has entered into an exclusive license agreement with AstraZeneca for HK-4 Glucokinase activators AZD1656 and AZD5658, targeting autoimmune indications, and myeloperoxidase inhibitor AZD5904.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:00 am

HITI

High Tide Inc. (NASDAQ:HITI) announced that its Cabana Club loyalty program has surpassed 1.5 million members in Canada, reflecting a 37% annual growth rate. The company also opened a new Canna Cabana store in Belleville, Ontario, marking its 181st retail location in Canada. High Tide recently closed a subordinated debt facility for CA$15 million. The Canadian cannabis market continues to grow, with a 7.1% increase in sales for March.

Portfolio Pulse from Rolando García

August 08, 2024 | 10:00 am

AZN

CDT

Conduit Pharmaceuticals has entered into a licensing agreement with AstraZeneca to advance multiple assets for potential first-in-class treatments.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:00 am

BA

TSLA

NASA is considering alternative options for returning astronauts Butch Wilmore and Sunita Williams from the ISS due to technical issues with Boeing's Starliner spacecraft. One option includes using SpaceX's Dragon spacecraft. A final decision will be made by mid-August.

Portfolio Pulse from Anan Ashraf

August 08, 2024 | 9:49 am

TSLA

Reuters reported that China's CPCA announced Tesla exported 27,890 China-made vehicles in July.

Portfolio Pulse from charles@benzinga.com

August 08, 2024 | 9:46 am

ETHE

GBTC

Grayscale Investments has launched two new cryptocurrency-based funds, Grayscale Bittensor Trust and Grayscale Sui Trust, which will track the market prices of Bittensor (TAO) and Sui (SUI). These funds are open to eligible individual and institutional accredited investors. Grayscale is known for its Bitcoin and Ethereum funds, which were recently transitioned to ETFs.

Portfolio Pulse from Aniket Verma

August 08, 2024 | 9:27 am

WENA

Anew Medical has been granted patent number HK1259628 in Hong Kong, protecting its novel genetic approaches for treating neurodegenerative diseases such as Alzheimer's, Parkinson's, and ALS. The company also received patents in mainland China for its secreted Klotho protein and gene delivery system.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:05 am

ACDC

ProFrac anticipates a decline in total volumes and pricing in its Proppant Production segment, followed by a gradual recovery. In the Stimulation Services segment, the company expects pricing to remain steady.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:05 am