Streetbeat News

Regulatory

LLY

NVO

Novo Nordisk's weight-loss drug Wegovy has received approval in the UK for reducing the risk of heart disease. This approval could significantly boost the drug's market potential and Novo Nordisk's revenue.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 2:41 pm

EYPT

Eyepoint Pharmaceuticals has been granted U.S. Patent #12043664 for methods to treat Vascular Leak Syndrome and cancer. This patent could potentially enhance their product portfolio and market position.

Portfolio Pulse from charles@benzinga.com

July 23, 2024 | 2:14 pm

INM

Inmed Pharmaceuticals has been granted U.S. Patent #12042479 for the use of topical formulations of cannabinoids in the treatment of Epidermolysis Bullosa and related connective tissue disorders.

Portfolio Pulse from charles@benzinga.com

July 23, 2024 | 2:11 pm

TIVC

Tivic Health Systems has received three new patents from the USPTO and EPO, advancing its bioelectronic medicine technology. The patents cover adaptive triggers for microcurrent stimulation devices and dynamic voltage adjustments for sinus treatment devices, enhancing device performance and user experience.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 2:01 pm

AAPL

DNB

FDX

GE

KHC

MU

The Chinese government expressed its desire for U.S. firms to play a significant role in its economy after top U.S. executives, including those from FedEx, Dun & Bradstreet, General Electric, Kraft Heinz, Apple, and Micron Technology, met with Chinese officials. The meeting aimed to foster mutual cooperation and development amid escalating U.S.-China tensions.

Portfolio Pulse from Benzinga Neuro

July 23, 2024 | 1:47 pm

AMZN

CRWD

GOOG

GOOGL

MSFT

Wiz has decided to pursue an IPO instead of being acquired by Alphabet due to potential antitrust issues and investor concerns. This decision follows a recent outage in Microsoft systems caused by CrowdStrike. Analysts predict increased M&A activity in the cybersecurity sector, with companies like Microsoft, Google, and Amazon potentially looking to acquire cybersecurity firms.

Portfolio Pulse from Shanthi Rexaline

July 23, 2024 | 1:45 pm

ACN

JPM

MA

The U.S. Federal Trade Commission (FTC) has issued orders to eight companies, including Mastercard, JPMorgan Chase, and Accenture, seeking information on surveillance pricing. This move is part of a broader investigation into the pricing practices of these companies.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:31 pm

AZTR

Azitra shares are trading higher following the announcement that the U.S. Patent and Trademark Office granted it U.S. Patent No. 12,036,248 for the treatment of atopic dermatitis.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:30 pm

KRNL

KRNLU

AIRO Group Holdings and Kernel Group Holdings announced the effectiveness of their registration statement with the SEC, paving the way for AIRO's public listing on Nasdaq. AIRO reported $43M in revenue for 2023 and $1.1B in eVTOL orders.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:04 pm

KITTW

Trading halt status for KITTW was updated at 9:00:00 AM ET. The halt is due to pending news and resumption times.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:00 pm