Streetbeat News

Regulatory

NNOX

Nanox.AI's software, HealthVCF, significantly improves the detection of vertebral compression fractures (VCFs), a key risk factor for osteoporosis, by up to six times the national average in the UK's NHS hospitals. This early finding from the ADOPT study highlights the potential of AI in enhancing patient identification for osteoporosis treatment, leading to better patient outcomes and healthcare savings. The study, involving collaborations with the University of Oxford and others, will continue until February 2025. Nanox.AI has also developed an updated version of the software, HealthOST, which received FDA 510(K) clearance in April 2022.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 12:49 pm

KULR

KULR shares are trading higher following the United States Department of Transportation's grant of special permits for its SafeX product suite.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 12:40 pm

UUP

In February 2024, U.S. inflation rose to 3.2%, exceeding expectations and dampening hopes for a June Fed rate cut. The CPI's year-over-year increase and the core CPI's monthly rise both surpassed forecasts, affecting market predictions and leading to a surge in the Dollar Index (DXY), as tracked by the Invesco DB USD Index Bullish Fund ETF (UUP). Treasury yields increased, and S&P 500 futures traded lower, indicating market adjustments to the unexpected inflation data.

Portfolio Pulse from Piero Cingari

March 12, 2024 | 12:35 pm

KULR

KULR Technology Group Inc. has received new special permits from the United States Department of Transportation for its SafeX product suite, including SafeCASE and SafeSLEEVE. These permits are expected to enhance the company's offerings in safety and transportation solutions.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 12:35 pm

ICCM

IceCure Medical Ltd. has received a notice of patent allowance in Japan for its cryogen flow control technology. This development marks a significant milestone for the company, potentially expanding its market reach and enhancing its intellectual property portfolio in a key market.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 12:32 pm

SPY

The Consumer Price Index (CPI) for February showed a year-over-year increase of 3.2%, slightly above the expected 3.1% and the previous month's 3.1%.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 12:30 pm

SPY

The USA Consumer Price Index (CPI) for February increased by 0.4%, matching the estimated 0.4% and showing a slight increase from the previous month's 0.3%.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 12:30 pm

SPY

The Biden Administration has announced a plan to examine and reallocate government-held spectrum to enhance wireless usage. This initiative aims to improve broadband access and support the growing demand for wireless services. The strategy involves studying current spectrum allocations to identify areas where efficiency can be increased and reallocating spectrum to better serve the public and private sectors.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 12:21 pm

MYNZ

Mainz Biomed N.V. (NASDAQ:MYNZ) announced its participation in the 39th UDH Congress 2024 in Germany, focusing on showcasing ColoAlert®, its flagship product for early colorectal cancer detection. ColoAlert® utilizes advanced tumor DNA analysis technology for high accuracy in CRC screening. The presentation at the UDH Congress is part of Mainz Biomed's strategy to promote evidence-based, innovative health solutions and foster collaboration across the health sector. The product is available in select EU countries and is pending FDA approval in the US.

Portfolio Pulse from Happy Mohamed

March 12, 2024 | 12:16 pm

IINN

Inspira Technologies (NASDAQ:IINN) announced breakthrough results for its VORTX™ device, demonstrating superior blood oxygenation and carbon dioxide removal with zero pressure gradient, meeting 100% of regulatory guidelines. This achievement could revolutionize medical devices by minimizing patient risk and reducing manufacturing costs by moving away from fiber membrane-based devices.

Portfolio Pulse from Happy Mohamed

March 12, 2024 | 12:13 pm