Streetbeat News

Regulatory

RDY

Dr. Reddy's Laboratories Ltd. (NYSE: RDY) has received a positive opinion from the European Medicines Agency's Committee for Medicinal Products for Human Use (CHMP) for its proposed Rituximab biosimilar candidate DRL_RI. This recommendation is a significant step towards obtaining marketing authorization in the European Union and other European Economic Area member states.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 3:56 pm

BTCUSD

Justin Sun, founder of Tron, has urged China to reconsider its cryptocurrency policies following former President Donald Trump's support for Bitcoin. Trump emphasized the need for the US to embrace cryptocurrency to prevent China from gaining dominance in the sector. Sun believes that competition between the US and China over Bitcoin policy will benefit the industry.

Portfolio Pulse from Khyathi Dalal

July 29, 2024 | 3:38 pm

EIS

SPY

USO

The White House has officially recognized the Golan Heights as part of Israel, a significant geopolitical move that could impact various sectors and markets.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 3:33 pm

ACB

TLRY

German cannabis producer Demecan has been granted the right to grow unlimited amounts of medical cannabis under new German cannabis laws. Canadian companies Tilray Brands (NASDAQ:TLRY) and Aurora Cannabis (NASDAQ:ACB) have also obtained new cultivation licenses in Germany. The new legislation is expected to drive significant revenue growth and innovation in the cannabis sector.

Portfolio Pulse from Nina Zdinjak

July 29, 2024 | 3:28 pm

TCBP

TC BioPharm has been granted European Patent Number EP3283620 for 'Modified Gamma Delta Cells And Uses Thereof' aimed at treating cancer and infectious diseases.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 3:26 pm

VTVT

The FDA has placed a clinical hold on vTv Therapeutics' (NASDAQ:VTVT) cadisegliatin program, including the ongoing CATT1 Phase 3 trial for type 1 diabetes, due to an unresolved chromatographic signal in a recent study. This has caused VTVT stock to drop by 32.2%.

Portfolio Pulse from Vandana Singh

July 29, 2024 | 3:23 pm

SPY

VGK

U.S. intelligence officials report that adversaries like Russia and China are outsourcing influence operations to contractors to shape public opinion in the U.S. Russia is using Russia-based firms, while China is leveraging a China-based technology company to enhance covert operations. Although China is not planning to influence the U.S. election outcome, it is using social media to sow divisions.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 3:22 pm

SPY

Speaker Johnson has declared that President Biden's Supreme Court reform proposal will not pass in the House, effectively rendering it 'dead on arrival.'

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 3:05 pm

AKEMF

VALE

Alaska Energy Metals (OTCQB:AKEMF) CEO Gregory Beischer discusses the company's focus on nickel mining in Alaska, highlighting the significant increase in nickel demand projected by 2035. The company is working on the Nikolai Project, which is close to existing infrastructure and aims to expand its documented nickel deposits. Beischer emphasizes the importance of sustainable and ethical nickel sourcing, contrasting it with current practices in Indonesia. He also discusses the potential benefits of reviving the U.S. Bureau of Mines to support domestic mining efforts.

Portfolio Pulse from Stjepan Kalinic

July 29, 2024 | 2:57 pm

BTCUSD

The University of Wyoming has launched the first-ever academic Bitcoin Research Institute (BRI) to enhance the quality and accuracy of Bitcoin research. The institute will be led by Dr. Bradley Rettler and aims to produce peer-reviewed research, host events, and foster academic discourse around Bitcoin.

Portfolio Pulse from Murtuza Merchant

July 29, 2024 | 2:45 pm