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Fate Therapeutics reported positive Phase 1 data for FT819, an off-the-shelf CAR T-cell therapy, in ten treatment-refractory SLE patients. A single dose resulted in rapid B-cell depletion and immune remodeling. The study showed durable clinical responses, including complete renal responses and steroid-free remission. FT819 demonstrated a favorable safety profile with low-grade CRS and no ICANS or GvHD. The data support potential outpatient administration and a pivotal study in 2026. These results suggest FT819’s transformative potential for SLE treatment.

Village Farms International (VFF) will release its third quarter 2025 financial results on Monday, November 10, 2025, at 7:00 a.m. ET. A conference call and webcast will follow at 8:30 a.m. ET that day, focusing on the results and featuring a Q&A session. The company’s diversification strategy, including cannabis operations and renewable natural gas production, will likely be discussed. A replay of the call will be available on the investor relations website. Advance registration is required for telephone participation.

On October 26, 2025, Huntington Ingalls Industries (HII) and HD Hyundai Heavy Industries (HHI) signed a memorandum of agreement (MOA) to enhance U.S.-Korea shipbuilding cooperation. The agreement focuses on distributed shipbuilding, Navy auxiliary programs, AI/ML and automation R&D, and in-theater ship lifecycle support. The companies will jointly pursue the U.S. Navy’s next-generation logistics ship (NGLS) design contract. This partnership aims to leverage HHI’s commercial shipbuilding expertise and HII’s experience with U.S. Navy contracts, bolstering the U.S. shipbuilding industrial base.

Incyte’s Phase 3b TRuE-AD4 trial results, presented at ISAD, demonstrate Opzelura’s effectiveness and safety in adult patients with moderate atopic dermatitis (AD) who had inadequate responses to topical corticosteroids or calcineurin inhibitors. Opzelura significantly improved AD clinical signs, with 70% achieving EASI75 and 61.3% achieving IGA-TS at Week 8. Patients experienced rapid itch reduction and improved quality of life. Incyte plans to file for EU approval based on these data, aiming to provide a non-steroidal alternative for AD treatment.

Visionary Holdings Inc. received a Nasdaq notification on August 5, 2025, for non-compliance with Listing Rule 5250(c)(1) due to a delayed Form 20-F filing. Visionary submitted a compliance plan on October 6, 2025, and is working with its auditor to expedite the filing. The company is committed to Nasdaq listing. Analysts note that reporting delays can raise investor concerns, while Visionary’s tech-focused model may contribute to audit complexities. The company must address the delay to maintain investor confidence and avoid potential delisting.

BridgeBio Oncology Therapeutics announced positive preclinical data for BBO-10203, a novel compound selectively disrupting the RAS:PI3Kα interaction crucial for KRAS-mutant tumor growth. BBO-10203 inhibits RAS-driven PI3Kα-AKT signaling without causing hyperglycemia. In vivo studies showed oral bioavailability and significant anti-tumor activity, with deep tumor regressions when combined with BridgeBio’s KRAS inhibitors. BBO-10203 is currently in Phase 1 trial (BREAKER-101), and initial Phase 1 clinical data is expected in H1 2026.

Cullinan Therapeutics will present preclinical data on CLN-978, a CD19xCD3 bispecific T cell engager, at ACR Convergence 2025. Studies show CLN-978 rapidly depleted B cells in samples from RA, Sjögren’s, and SLE patients, and in nonhuman primates after subcutaneous dosing. In a SLE mouse model, it reduced B cells, anti-dsDNA IgG, and kidney IgG deposition. Cullinan is advancing CLN-978 in OUTRACE clinical programs for RA, SjD, and SLE.

Phathom Pharmaceuticals’ VOQUEZNA (vonoprazan) demonstrated rapid and sustained relief of nocturnal GERD symptoms in a Phase 3 trial. Patients experienced significantly more heartburn-free nights compared to placebo, with symptom relief starting after the first dose and lasting through a 20-week extension. VOQUEZNA was generally well-tolerated, though the label includes postmarketing risks requiring monitoring. Some efficacy analyses were exploratory and not adjusted for multiple comparisons. VOQUEZNA is approved in the US for GERD and *H. pylori* treatment.

Harvard Ave Acquisition Corporation (HAVAU) closed its $145 million IPO, offering 14,500,000 units at $10.00 each. Units, trading on Nasdaq under HAVAU since October 23, 2025, consist of Class A ordinary shares and rights, expected to list as HAVA and HAVAR, respectively. The Cayman Islands-based SPAC, managed by D. Boral Capital, will pursue a business combination. Investors should note the risks inherent in SPACs, including target selection and regulatory scrutiny.

American Riviera Bancorp (OTCQX: ARBV) reported a net income of $2.9 million ($0.51/share) for Q3 2025 and $7.9 million ($1.38/share) for the nine months ended September 30, 2025. Total deposits rose 11.3% to $1.26 billion, and total loans increased 6.7% to $1.04 billion. The net interest margin was 3.66%. While on-balance sheet liquidity remained strong and tangible book value increased, non-accrual loans notably rose to $9.8 million. The company repurchased 100,000 shares and plans expansion into Ventura County.