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Regulatory

WINT

Windtree Therapeutics has been issued a Composition of Matter patent for Dual Mechanism SERCA2a Activators by the US Patent and Trademark Office. This patent will provide protection for the company's SERCA2a activator technology.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 12:02 pm

MNK

Trading of Mallinckrodt's shares has been halted due to pending news.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 12:01 pm

RHHBY

Roche Holdings AG inadvertently disclosed the second interim analysis of Phase 3 SKYSCRAPER-01 study, evaluating tiragolumab plus Tecentriq versus Tecentriq alone for advanced or metastatic non-small cell lung cancer. The study remains ongoing and blinded to patients and investigators. The leaked data showed encouraging results, with tiragolumab plus Tecentriq well-tolerated and no new safety signals identified. More solid survival results are expected in Q1 2024.

Portfolio Pulse from Vandana Singh

August 23, 2023 | 11:48 am

NVO

A public commission in Denmark has recommended ending subsidies for GLP-1 drugs, including Novo Nordisk's Ozempic, as a primary treatment for type 2 diabetes. The proposal aims to prioritize cost-effective alternatives. The final decision will be made by the Danish Medicines Agency. The European Medicines Agency is also investigating Novo Nordisk's weight-loss medications due to reports of suicidal risks.

Portfolio Pulse from Vandana Singh

August 23, 2023 | 11:46 am

VRCA

Verrica Pharmaceuticals has expressed support for the FDA's recent action against manufacturers and retailers involved in the unauthorized sale of products for treating Molluscum Contagiosum.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 11:43 am

OIG

Orbital Infrastructure has received a delinquency letter from Nasdaq due to the late filing of its quarterly report on Form 10-Q.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 11:36 am

BZNGA

ProSomnus has updated clinical trial data indicating that its precision oral appliance therapy devices are non-inferior to CPAP therapy for the treatment of moderate to severe obstructive sleep apnea (OSA).

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 11:30 am

GOOG

GOOGL

The Delhi High Court has dismissed two petitions against Alphabet Inc's Google Pay, allowing it to continue operations in India. The court clarified that Google Pay operates as a third-party app provider, not requiring direct approval from the Reserve Bank of India under the Payment and Settlement Systems Act. The court also addressed data privacy concerns, stating that while the app provider can store some data in an encrypted form, the payment service provider's bank systems hold the more sensitive payment data.

Portfolio Pulse from Shomik Sen Bhattacharjee

August 23, 2023 | 11:26 am

HOG

Former U.S. President Donald Trump has criticized India's high taxes on U.S.-made products, particularly Harley-Davidson motorcycles, and vowed to impose reciprocal taxes on India if he wins the 2024 presidential elections. Harley-Davidson recently launched a premium motorcycle in India via a partnership with Hero MotoCorp, and plans to make more motorcycles in India for export.

Portfolio Pulse from Arpit Nayak

August 23, 2023 | 11:23 am

AAPL

Apple Inc. is planning to increase its domestic component production in India. The company's top officials have discussed this with India's finance ministry. Apple began manufacturing iPhones in India in 2017 and has since established a strong assembly line in the country, in partnership with Foxconn and Wistron. However, the Indian government's stance on tax incentives remains firm.

Portfolio Pulse from Shomik Sen Bhattacharjee

August 23, 2023 | 11:20 am