Streetbeat News

Regulatory

PFE

Pfizer is advancing its oral GLP-1-RA candidate danuglipron towards late-stage development for the treatment of obesity and type 2 diabetes mellitus (T2DM). The ongoing Phase 2b study in obesity is fully enrolled, with over 1,400 participants. Pfizer will discontinue its second GLP-1-RA candidate, lotiglipron.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 10:53 am

PHVS

The FDA has lifted the clinical hold on Pharvaris' Investigational New Drug (IND) application for Deucrictibant, an on-demand treatment for Hereditary Angioedema.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 10:53 am

AGIO

Agios Pharmaceuticals announced that the Phase 2 portion of the global RISE UP study of Mitapivat in Sickle Cell Disease met its primary endpoint of hemoglobin response for patients in both the 50mg and 100mg twice daily Mitapivat arms.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 10:31 am

LILM

Lilium N.V. (NASDAQ:LILM) has received the FAA G-1 Certification Basis for its all-electric vertical take-off and landing (eVTOL) jet, making it the first eVTOL manufacturer with both EASA and FAA certification basis for a powered lift eVTOL aircraft.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 9:16 am

BTCUSD

Bitcoin has crossed the $30,000 mark again, sparking hopes of a full bull trend. However, data analytics firm Glassnode suggests the market is still in a transition phase, with historical data showing previous transitional periods lasting between 459 and 770 days. The Greed and Fear Index indicates market sentiments leaning towards Greed.

Portfolio Pulse from Mehab Qureshi

June 26, 2023 | 9:04 am

AZN

AstraZeneca's Soliris has been recommended for marketing authorization in the EU for expanded use in treating refractory generalised myasthenia gravis (gMG) in children and adolescents aged 6-17 years. If authorized, Soliris would be the first and only targeted therapy approved for this patient group in the EU.

Portfolio Pulse from Charles Gross

June 26, 2023 | 8:55 am

GM

GOOG

GOOGL

San Francisco fire chief Jeanine Nicholson is against robotaxi expansion plans in the city, stating that they are not ready for prime time. The fire department has recorded at least 39 robotaxi incidents since January 1, causing concerns about traffic flow issues and interference with emergency responders. Alphabet's Waymo and General Motors-backed Cruise are planning to expand across San Francisco without time restrictions.

Portfolio Pulse from Anan Ashraf

June 26, 2023 | 8:31 am

AMZN

KR

WMT

Major US retailers, including Walmart, Kroger, Meijer, and Whole Foods, have been targeted by a series of hoax bomb threats demanding thousands of dollars in gift cards, Bitcoin, and cash. The FBI and other law enforcement agencies are investigating the threats, which have so far proved unfounded.

Portfolio Pulse from Mehab Qureshi

June 26, 2023 | 8:06 am

NVO

Novo Nordisk announced positive results from a late-stage trial of its high-dose oral drug semaglutide, showing a 15% body weight loss in overweight or obese adults. The company plans to seek US and European regulatory approval later this year.

Portfolio Pulse from Benzinga Newsbot

June 26, 2023 | 4:49 am

BTCUSD

The United Nations Financial Action Task Force (FATF) is urging countries to implement the 'travel rule' to combat money laundering and terrorism financing associated with cryptocurrencies. A recent survey revealed that over half of the respondents have not adopted the rule, which is a crucial requirement.

Portfolio Pulse from Mehab Qureshi

June 26, 2023 | 4:18 am