Streetbeat News

Regulatory

MRNS

Marinus Pharmaceuticals has received a positive opinion from the European Medicines Agency's CHMP for ZTALMY, an adjunctive treatment for seizures associated with CDKL5 deficiency disorder. The European Commission is expected to make a decision within 67 days.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 12:15 pm

BMY

Bristol Myers Squibb (BMY) received a positive CHMP opinion recommending approval for Opdivo with chemotherapy as a neoadjuvant treatment for resectable non-small cell lung cancer in patients with tumor cell PD-L1 expression. The European Commission will now review the recommendation.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 12:14 pm

IMMP

Immutep Limited has published data from Part C of its TACTI-002 Phase II trial, showing promising results for eftilagimod alpha plus pembrolizumab in metastatic 2nd line head and neck squamous cell carcinoma. The treatment was safe and well-tolerated, with a 29.7% response rate and a 12-month overall survival rate of 46.0%.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 12:10 pm

MO

Altria Group has announced that the waiting period has expired and no further regulatory review by the Federal Antitrust Authorities is required to acquire NJOY Holdings. The transaction is expected to be completed during Q2 of 2023.

Portfolio Pulse from Benzinga Newsdesk

May 26, 2023 | 12:04 pm

BABA

Options traders are betting on a significant stock jump for Alibaba Group Holding Limited (NYSE: BABA) by July expiration, as the US prepares for cabinet-level talks with China. Alibaba also announced plans to hire 15,000 people in 2023, contradicting layoff reports.

Portfolio Pulse from Lisa Levin

May 26, 2023 | 12:01 pm

MRNS

The European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) has recommended Ztalmy for the treatment of epileptic seizures, according to Reuters.

Portfolio Pulse from Charles Gross

May 26, 2023 | 11:56 am

BNTX

PFE

The European Commission has agreed with BioNTech (BNTX) and Pfizer (PFE) to amend their existing COVID-19 vaccine contract, allowing EU countries to reduce the number of doses purchased and extending the delivery deadline to 2026.

Portfolio Pulse from Vandana Singh

May 26, 2023 | 11:53 am

VWAGY

Volkswagen AG (OTC:VWAGY) and Audi have reached an $85 million settlement over violations of Texas environmental laws, related to the use of illegal emission-evading technology. This comes after the Texas Supreme Court ruled in May that the state environmental lawsuit against the companies could proceed.

Portfolio Pulse from Shivani Kumaresan

May 26, 2023 | 11:52 am

SPY

The US Treasury may be forced to default on bills due to lack of authorization from Congress, according to Adeyemo. This could have significant implications for the US economy and financial markets.

Portfolio Pulse from Charles Gross

May 26, 2023 | 11:42 am

SPY

U.S. Deputy Treasury Secretary Adeyemo warns that real-world impacts of the debt ceiling crisis will worsen, but it's difficult to predict the exact date of the X-Date.

Portfolio Pulse from Charles Gross

May 26, 2023 | 11:41 am