News

Washington – October 02, 2026 -- Vanda Pharmaceuticals Inc. (Nasdaq: VNDA) is presenting three new data sets on its monoclonal antibody imsidolimab at the European Academy of Dermatology and Venereology (EADV) Annual Meeting in Vienna, Austria, running September 30 through October 3, 2026.

Vanda shows imsidolimab cuts neutrophil levels rapidly in GPP patients

Poster P1769 (Abstract AS-4323) reports a rapid reduction in neutrophils and the neutrophil percentage-to-albumin ratio following imsidolimab treatment in patients with generalized pustular psoriasis (GPP), a rare orphan skin condition.

Immunogenicity data on imsidolimab presented in separate poster

A second poster, P1784 (Abstract AS-2420), details the immunogenicity profile of imsidolimab in GPP patients.

Parsippany, N.J. – October 02, 2026 -- GAF, North America's largest roofing and waterproofing manufacturer, has expanded its partnership with the DoW SkillBridge program to offer a no-cost, six-month manufacturing training track for transitioning service members.

Manufacturers face a 3.8 million worker gap by 2033

The expansion responds to a labor shortage that Deloitte and The Manufacturing Institute project could leave nearly half of 3.8 million U.S. manufacturing positions unfilled by 2033, with industrial maintenance technicians among the highest-demand roles.

Austin – October 02, 2026 -- Oracle has committed to subscribing to a portion of electricity generated by the Point Beach Nuclear Plant in Wisconsin, a move expected to save utility customers approximately $300 million in fuel costs. The commitment is designed to shield more than 1 million Wisconsin utility customers from the plant's rising operating costs while preserving carbon-free baseload power for the state grid.

Oracle absorbs rising nuclear fuel costs to protect household electricity bills

Point Beach has supplied dependable, carbon-free power to Wisconsin for more than 50 years. By subscribing to a share of the plant's output, Oracle intends to cover increases in fuel costs that would otherwise be passed on to ratepayers, according to Mahesh Thiagarajan, executive vice president of Oracle Cloud Infrastructure.

Irvine, Calif. – October 02, 2026 -- MobileX has appointed Raju Datla as Chief Financial Officer, bringing more than 25 years of telecom, infrastructure and capital markets experience to the wireless carrier as it scales distribution and its AI-driven service platform.

Datla joins from RedCloud Holdings after leading its global finance and capital markets strategy

Datla most recently served as CFO of Nasdaq-listed RedCloud Holdings (NASDAQ: RCT), overseeing finance, capital markets and the financial execution of the company's global expansion. He previously held the Chief Strategy Officer role at Tillman Fiber and was CFO and co-founder of NxtGen Datacenter & Cloud Technologies.

San Francisco – October 02, 2026 -- Supabase has raised $150 million in new funding led by GIC, with Alphabet's independent growth fund CapitalG, IronArc, and SquarePeg also participating, just four months after closing a $500 million Series F round. Alongside the raise, the open source Postgres development platform announced it is acquiring Turso, a database platform built to handle high-volume provisioning for agentic workloads.

Supabase now adds 1 million users and 4 million databases every month

Seventy percent of those new databases are created by agents or AI-driven tools rather than human developers, the company said. The figure follows a 600% year-over-year increase in database creation reported in June, when agent-driven deployments had already become the majority on the platform.

Stamford, Connecticut – October 02, 2026 -- Steward Partners placed three senior executives as finalists in the 2026 Wealth Management Industry Awards, drawing national attention across leadership, compliance and M&A categories in a single cycle.

Three executives earn simultaneous finalist status across distinct disciplines

CEO Jim Gold was named a finalist for CEO of the Year among firms managing more than $25 billion in assets. Chief Compliance Officer Rob Guldner was recognized as a finalist for CCO of the Year, while Scott Danner earned a finalist nod for M&A Leader of the Year.

Ashland, Missouri – October 02, 2026 -- ABK Biomedical Inc. has launched construction of a commercial-scale manufacturing facility at Cartwright Business Park in Ashland, Missouri, designed to produce its Eye90 microspheres for liver cancer treatment. The groundbreaking, attended by Missouri Governor Mike Kehoe, follows the company's April announcement selecting Ashland for its long-term U.S. manufacturing base.

Facility targets commercial-scale output of yttrium-90 radioembolization device

The planned Good Manufacturing Practice (GMP) facility will be built for commercial-scale production of Eye90 microspheres, a clinical-stage yttrium-90 radioembolization device still under development for liver cancer treatment. The devices remain investigational and are not approved for use outside authorized clinical trials.

San Francisco – October 02, 2026 -- Constructor, a product discovery platform for ecommerce, has won the "Agentic Achievement" category at the MACH Alliance's 2026 MACH Impact Awards, citing a 900% year-over-year increase in companies deploying its conversational AI agents.

Retailers report measurable gains from agent deployments

Across customer deployments, Constructor's agentic technology has driven a 57% reduction in support requests, more than double the conversion rate versus standard search, 52% higher add-to-cart rates and 56% higher purchase rates among shoppers using an agent, according to the company.

South San Francisco, Calif. – October 02, 2026 -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) has granted 35,275 restricted stock units to 18 non-executive employees under its Inducement Plan.

Rigel ties new hire equity to four-year vesting schedule

The restricted stock units vest over four years, with 25% of each grant releasing annually. The Compensation Committee of Rigel's Board of Directors approved the awards as an inducement material to new employees joining the company.

Grants comply with Nasdaq Listing Rule 5635(c)(4)

Rigel issued the awards in accordance with Nasdaq Listing Rule 5635(c)(4), which permits companies to grant equity inducements to new employees outside shareholder-approved equity plans. The rule requires public disclosure of such grants, which Rigel has now made.

Burgettstown, Pa. – October 02, 2026 -- 6K Additive Inc. (ASX: 6KA) has executed a final US$27.4 million loan agreement with the Export-Import Bank of the United States (EXIM) to fund expansion of its critical materials manufacturing plant in Burgettstown, Pennsylvania.

EXIM finalizes largest Make More in America loan for advanced materials

The facility, approved by EXIM's board on December 4, 2025, is the first deal structured in coordination with the U.S. Department of War's Defense Production Act Title III initiative and the largest loan issued under EXIM's Make More in America Initiative (MMIA) for advanced materials and manufacturing to date.