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Regulatory

CLVR

Clever Leaves Holdings Inc. (NASDAQ:CLVR) has entered into a five-year agreement with SOMAÍ Pharmaceuticals to supply EU-GMP certified CBD extracts from Colombia to SOMAÍ's operations in Portugal. The first shipments have been completed, and Clever Leaves will continue to supply pharmaceutical-grade APIs and CBD extracts for patients across Europe.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 12:42 pm

SPY

U.S. House Speaker Kevin McCarthy announced that negotiators have made progress on the debt ceiling issue, potentially averting a government default.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 12:39 pm

RNXT

RenovoRx (NASDAQ:RNXT) will present new secondary endpoint data from the Phase III TIGeR-PaC study of its lead product candidate RenovoGem at the 2023 ESMO World Congress on Gastrointestinal Cancer. The data includes progression-free survival in the treatment of locally advanced pancreatic cancer.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 12:37 pm

RJF

Raymond James Bank reports that 95% of its deposits are FDIC insured, while 88% of total deposits for both Raymond James Bank and Tristate Capital Bank are FDIC insured.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 12:37 pm

BEAT

HeartBeam, Inc. (NASDAQ:BEAT) has received a notice of allowance from the US Patent and Trademark Office for a key patent relating to the AI capability in its HeartBeam AIMIGo System. The patent is for a hand-held device for automatic cardiac risk and diagnostic assessment.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 12:35 pm

JAGX

Jaguar Health has over-enrolled its global Phase 3 OnTarget clinical trial of crofelemer for prophylaxis of diarrhea in adult cancer patients by 11%, with 256 patients enrolled. Top line results from the study are expected in October 2023.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 12:35 pm

LEGN

Legend Biotech has submitted an application to the European Medicines Agency (EMA) for the expanded use of CARVYKTI, a CAR T-cell therapy for multiple myeloma patients.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 12:33 pm

ARVL

KCGI

EV startup Arrival expects its merger with Kensington Capital Acquisition Corp V and subsidies from the US Inflation Reduction Act (IRA) to drive business growth. The merger will provide Arrival with up to $283 million to build a factory in North Carolina for its XL van, which qualifies for IRA tax credits up to $40,000.

Portfolio Pulse from Lekha Gupta

May 25, 2023 | 12:30 pm

HRMY

Harmony Biosciences (NASDAQ:HRMY) has completed enrollment for its Phase 3 INTUNE study evaluating the safety and efficacy of pitolisant in adult patients with idiopathic hypersomnia (IH) nine months ahead of schedule. Topline results are expected in Q4 2023.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 12:23 pm

AMTX

Aemetis, Inc. (NASDAQ: AMTX) has resumed production at its 65 million gallon per year capacity Keyes, California ethanol plant after completing extensive maintenance and system upgrades. The upgrades include a new Allen Bradley Decision Control System (DCS) with over 1,100 sensor connections to enhance automation and enable AI management of energy use. The company received $16.7 million in grants from the California Energy Commission and Pacific Gas & Electric for the upgrades.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 12:22 pm