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CDTX

Cidara Therapeutics (NASDAQ:CDTX) has been added to the Russell Microcap Index following the annual reconstitution of the Russell U.S. Indexes. The new index will become effective on June 26, 2023. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 12:17 pm

MLTX

MoonLake Immunotherapeutics (NASDAQ:MLTX) released positive topline results from its Phase 2 MIRA trial evaluating sonelokimab in patients with moderate-to-severe hidradenitis suppurativa (HS). Both 120mg and 240mg doses achieved significantly higher response rates than the placebo at week 12. The trial will continue to week 24 with a 4-week safety follow-up.

Portfolio Pulse from Vandana Singh

June 26, 2023 | 12:17 pm

GRIL

Muscle Maker, Inc. (GRIL) has been added to the Russell Microcap Index, which may increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 12:16 pm

WOLF

Wolfspeed shares are trading higher after receiving a $1.25 billion investment led by Apollo.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 12:15 pm

EYEN

Eyenovia announced its addition to the Russell 2000 and Russell 3000 indexes, which could potentially increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 12:15 pm

LNZA

LanzaTech, a carbon recycling company, has been added to the Russell 3000 and Russell 2000 Indexes, which could increase its visibility among investors.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 12:14 pm

BCAB

BioAtla (NASDAQ:BCAB), a clinical-stage biotechnology company, has been added to the U.S. small-cap Russell 2000 Index, effective June 26, 2023, as part of the 2023 Russell indexes reconstitution in the broad-market Russell 3000 Index.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 12:14 pm

GLYC

GlycoMimetics, a biotechnology company, announced its addition to the Russell Microcap Index, effective June 26, 2023. The index is widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 12:13 pm

OBIO

Orchestra BioMed Holdings (NASDAQ: OBIO) is set to join the Russell 3000, Russell 2000, and Russell Microcap indexes after the 2023 annual reconstitution, effective June 26, 2023.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 12:12 pm

TWST

Twist Bioscience has published preclinical data validating its GLP-1R antagonist antibody, TB-222-023, as a potential treatment for congenital hyperinsulinism. The antibody was discovered and optimized using Twist's synthetic DNA libraries and antibody engineering services.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 12:11 pm