Bybit Supports Stocks Trading, Giving Eligible Global Users Access to 1,000+ U.S. Stocks and ETFs

DUBAI, UAE, Oct. 12, 2026 /PRNewswire/ -- Bybit, the New Financial Platform trusted by more than 80 million users worldwide, announced that stocks are now available for trading through Bybit, giving eligible users access to more than 1,000 U.S.-listed stocks and ETFs, including Apple (AAPL), NVIDIA (NVDA), Tesla (TSLA), Micron Technology (MU) and the Invesco QQQ ETF (QQQ).

The development expands Bybit's multi-asset platform, bringing access to U.S. equities alongside its existing digital asset and traditional market offerings. Eligible users in permitted jurisdictions who have completed the required KYC verification can trade supported U.S. stocks and ETFs using USDC.

"Stocks are an important part of our evolution into The New Financial Platform. Financial markets have long been separated across different products and platforms, but users increasingly expect a more connected experience," said Ben Zhou, Co-founder and CEO of Bybit. "With stocks now available through Bybit, we are doing more than adding another asset class. We are giving people broader access to financial markets and greater freedom to pursue opportunities."

Access to the U.S. Stocks and ETFs

Stocks trading enables eligible users to buy and sell supported U.S. stocks and ETFs using USDC, bringing equity exposure into the same environment used for digital assets. Unlike price derivatives or synthetic instruments, Stocks trading gives eligible users an economic interest in the underlying securities they purchase.

Orders are routed through Bybit's regulated brokerage infrastructure and executed through Alpaca, a U.S. self-clearing broker-dealer and a global leader in agent-first infrastructure. Additionally, the underlying securities are held in custody by Alpaca.

"Bybit's expansion into U.S. stocks and ETFs is a major step forward in offering its global users a more complete, multi-asset trading experience," said Yoshi Yokokawa, Co-Founder and CEO of Alpaca. "We're thrilled to partner with Bybit and help power this next wave of global market access."

Key features at launch include:

- 1,000+ U.S. stocks and ETFs, including widely traded companies with fractional shares available for eligible securities

- Trade with USDC, allowing eligible users to fund stock purchases directly from their Bybit account

- Direct economic exposure to underlying stocks, rather than derivatives or synthetic price exposure

- Allowing users to manage eligible crypto and equity positions within the Bybit ecosystem

- Corporate-action support, including cash and stock dividends and stock splits

- 24/5 trading, providing access during U.S. pre-market, regular and after-hours sessions, subject to product availability

- Zero commission, with no trading commissions charged on eligible stock purchases and sales

Eligible holders of supported U.S. stocks and ETFs can receive the economic benefits associated with their holdings, including cash and stock dividends, subject to applicable security and corporate-action terms. Cash dividends are converted from USD into USDC and credited to the user's Unified Trading Account (UTA), while stock dividends are reflected directly in the user's position.

Stock splits are also reflected in users' holdings in accordance with the applicable corporate action. Voting rights are planned for launch in a future phase.

Building a Broader Multi-Asset Platform

The addition of stock services adds to the exchange's growing range of products across traditional and digital markets. Alongside crypto spot and derivatives trading, Bybit offers access to traditional markets through its MT5 platform, tokenized equities and TradFi perpetuals.

"We believe the next chapter of finance is one where the walls between crypto and traditional markets no longer exist. Bybit is built to operate in both worlds and proves that tokenizing real-world assets at scale is not a future ambition. It is something we are delivering today," added Ben.

Disclaimer

Bybit Stocks: Bybit Stocks service is provided by Infra Capital Limited (introducing broker), regulated by the Financial Services Commission, Mauritius (GB23202169). US securities clearing,settlement and custody services are provided by Alpaca Securities LLC((dba "Alpaca Clearing"),a FINRA/SIPC member. Some corporate actions may be restricted at this time. Access and ownership subject to the Bybit Stocks Terms & Conditions. Capital at risk - you may get back less than you invested. Please read the Risk Disclosures before investing.

#Bybit / #NewFinancialPlatform

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That's why we're building the first intelligent platform that connects anyone, anywhere to the world's finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com.

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Pikl CEO, Louise Birritteri, named as One to Watch in The LDC Top 50 Most Ambitious Business Leaders for 2026

NORWICH, England, Oct. 12, 2026 /PRNewswire/ -- Pikl, the revenue growth partner for the travel market, backed by insurance, today announced that its CEO and Founder, Louise Birritteri, has been recognised as One to Watch in The LDC Top 50 Most Ambitious Business Leaders programme for 2026.

Louise Birritteri founded Pikl because she saw a gap in how the short-term rental market was protected. She believed that insurance could do more than simply protect against risk, rather it could enable growth. Identifying a systematic problem that property management companies couldn't offer guests flexible cancellation without absorbing significant financial risk, Pikl created a new category of insurance-enabled business models to solve this problem, allowing property management companies (PMCs) to offer flexible cancellations that turn lost revenue potential into growth opportunities.

This enabled Pikl to transition from a niche insurer into a global growth enabler for the short-term rental marketplace. In doing so, Pikl has helped define a new category the market now recognises, resulting in 7x growth from 2024-2025. Today, Pikl has captured 20% of the UK market, partnered with some of the largest enterprise PMCs globally, and enabled revenue growth of up to 2.1x for partners, generating 2,024% gross written premium growth from PMCs from 2023 to 2025.

"Growth comes from understanding risk well enough to see the opportunity in it, and that idea has shaped everything we've built at Pikl," said Louise Birritteri, CEO and Founder of Pikl. "Our team now helps property managers across around 20% of the UK short-term rental market offer guests flexibility and grow with confidence, and the next stage is taking that into new markets. Being named One to Watch by LDC and The Times is a credit to everyone at Pikl who helped get us here."

The LDC Top 50 Most Ambitious Business Leaders programme was created by private equity investor LDC, part of Lloyds Banking Group, in partnership with The Times. The Ones to Watch are leaders whose achievements and ambition have already set them apart. Each has made significant progress and shown the potential to take their business even further in the years ahead.

John Garner, Managing Partner at LDC, added: "This year's Ones to Watch have already achieved a great deal, but it is their ambition for what comes next that sets them apart. They are building exciting businesses and have demonstrated the ambition needed to thrive. I would like to congratulate them all on their success so far. We look forward to following their progress and seeing where their ambition takes them next."

Read more about The LDC Top 50 Most Ambitious Business Leaders for 2026 here: https://bit.ly/47pm2nR

About Pikl

Pikl is the revenue growth partner for the travel market, backed by insurance. Flexible Cancellation, the company's flagship product, gives short-term rental property managers and hosts the confidence to convert more bookings, without losing revenue if guests cancel. Backed by data and insights from every booking it covers, Pikl helps its clients understand risk so they can find opportunities to grow their business. The company's footprint is swiftly expanding worldwide. For more information, visit www.pikl.com.

About LDC

LDC is a trusted investment partner for ambitious management teams across the UK. It is part of Lloyds Banking Group and has partnered with hundreds of medium-sized companies across a wide range of sectors, helping them to grow and develop.

Media Contact

Mike Katznelson

Headline Media

[email protected]

US: +1 914 233 5302

UK: +44 203 769 0660

SOURCE Pikl

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Mark Your Calendars: Abu Dhabi Unveils Its Spectacular Events Season

From the inaugural Frieze Abu Dhabi and the vibrant NOMAD Abu Dhabi to the thrill of the Formula 1 ® Etihad Airways Abu Dhabi Grand Prix and the iconic Liwa International Festival, Abu Dhabi unveils an electrifying and diverse events calendar.

ABU DHABI, UAE, Oct. 12, 2026 /PRNewswire/ -- Abu Dhabi's events season is officially underway showcasing more than 40 world-class spectacles that will captivate audiences across the emirate through early 2027.

Experience Abu Dhabi presents one of its most dynamic and exhilarating entertainment and cultural line up to date. Headline events include the Yasalam After-Race Concerts featuring acts like Lewis Capaldi and Alex Warren alongside performances throughout 2026 by Anyma, Tamer Hosny and Tamer Ashour. These experiences complement major global highlights, including Formula 1® Etihad Airways Abu Dhabi Grand Prix and Frieze Abu Dhabi.

Expect a range of events across culture, sport, music, family entertainment and lifestyle experiences, promising unforgettable moments for all. This season also highlights renowned global events, including Culture Summit Abu Dhabi, Abu Dhabi Showdown Week and UFC alongside major new cultural experiences, including the opening of Guggenheim Abu Dhabi and Public Art Abu Dhabi Biennial, marking an exciting new chapter for the emirate's cultural landscape.

Here's a look at what's on:

Culture: Art, Heritage and Immersive Experiences

Abu Dhabi's cultural programme brings together the emirate's rich heritage and world-class cultural institutions, with landmark exhibitions, immersive experiences, and programmes that invite audiences to discover, engage and connect with culture in new ways.

Unmissable Art and Culture

- Public Art Abu Dhabi Biennial: Returning with new commissions, the Public Art Abu Dhabi Biennial opens on 23 October in Al Ain Region followed by Abu Dhabi from 15 November, with works remaining on display into 2027. The Biennial brings contemporary art into public spaces across the emirate, creating opportunities for audiences to experience art as part of everyday life.

- Culture Summit Abu Dhabi: Taking place from 8-10 December at Manarat Al Saadiyat and across Saadiyat Cultural District, Culture Summit Abu Dhabi brings together cultural leaders, artists, policymakers and thinkers from around the world. Under the theme Towards a Reimagined Commons, this year's programme explores the role of culture in shaping shared memories, spaces and futures.

- Guggenheim Abu Dhabi: One of the defining moments of 2026 is the opening of Guggenheim Abu Dhabi on 11 December. Designed by the late Frank Gehry, the new museum on Saadiyat Island will be dedicated to modern and contemporary art, adding another major institution to Saadiyat Cultural District and further strengthening its position as a global destination for culture and the arts.

Vibrant Cultural Festivals and World-class Fairs

- Traditional Handicrafts Festival: Celebrating the skills and traditions that have shaped Emirati cultural identity, the Traditional Handicrafts Festival brings together master artisans, live craft demonstrations and a vibrant cultural market from 23 October - 11 November. The festival offers audiences an opportunity to discover and engage with these living traditions, while supporting their transmission to new generations.

- NOMAD Abu Dhabi: An immersive international art and design fair, NOMAD Abu Dhabi will take place from 18 – 22 November at Terminal 1 of the Old Abu Dhabi Airport. Bringing together collectors, curators and cultural leaders, the fair showcases collectible design, contemporary art and architecture inside a unique historic setting.

- Frieze Abu Dhabi: Making its debut from 19 - 22 November, Frieze Abu Dhabi marks a new chapter for the emirate's international art scene. Building on nearly two decades of Abu Dhabi Art, the inaugural fair at Manarat Al Saadiyat will connect Abu Dhabi with Frieze's global network of galleries, artists and collectors.

- Al Hosn Festival: A renewed celebration of Abu Dhabi's culture, Al Hosn Festival brings generations together through experiences that reflect the authenticity of Emirati traditions, crafts and local flavours. Taking place from 15 - 30 January 2027, the festival celebrates culture, community and shares experiences at Al Hosn Cultural Site

Compelling Milestones and Celebrations on the Calendar

- Maritime Heritage Festival: The Maritime Heritage Festival celebrates Abu Dhabi's rich coastal heritage, bringing the traditions of fishing, pearl diving, seafaring, and coastal life to new generations. Now in its fifth year, the festival returns to the Corniche from 20-29 November for 10 days of live performances, artisan demonstrations, traditional storytelling and coastal cuisine.

- Al Ain Museum One-Year Anniversary: Marking one year since reopening following extensive redevelopment in October, Al Ain Museum continues to serve as a centre of knowledge on the history and heritage of Al Ain Region. Originally founded in 1969 by the UAE's Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, the museum was the nation's first and now spans more than 8,000 square metres. It features newly discovered archaeological sites and exhibits exploring the ancient falaj irrigation system that made settlement in the region possible.

- Natural History Museum Abu Dhabi One-Year Anniversary: Celebrating its first year, Natural History Museum Abu Dhabi continues to take people on a journey spanning 13.8 billion years of history. Visitors can discover rare fossils and marvel at Stan the T. rex, one of the world's most complete dinosaur skeletons, alongside the museum's unique treasures and captivating stories from our planet's past.

- Zayed National Museum One-Year Anniversary: Marking its first anniversary, Zayed National Museum remains a landmark institution in Saadiyat Cultural District, tracing 300,000 years of human history on the land and honouring the life and vision of the UAE's Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, through six galleries exploring the nation's history and heritage.

Entertainment: Music, Sport & Big-ticket Experiences

From chart-topping performances to world-class sporting action, Abu Dhabi's entertainment line-up brings major names and events to the emirate, creating memorable experiences across some of its iconic venues.

Thrilling Headline Events

- Abu Dhabi Showdown Week (UFC): UFC®, the world's premier mixed martial arts organisation, returns to Abu Dhabi this October for a week of action-packed events. At Etihad Arena, UFC featherweight champion Alexander Volkanovski will defend his title against Movsar Evloev, while champion Petr Yan faces Merab Dvalishvili in a trilogy fight on 24 October. Beyond the main events, fans can catch open workouts, weigh-ins and fan zones across the city.

- Formula 1® Etihad Airways Abu Dhabi Grand Prix: Since 2009, the Abu Dhabi Grand Prix has welcomed fans from around the world to Yas Island each year. This year's edition takes place from 3–6 December, combining high-speed racing with one of Abu Dhabi's biggest weeks of live entertainment. The Yasalam After-Race Concerts will feature Lewis Capaldi, Imagine Dragons, The Chainsmokers and The Script, while Anyma will headline the Official After-Party on 4 December, with more artists to be announced.

- Liwa International Festival: Taking place every December in Al Dhafra desert, Liwa International Festival brings together, adventure, motorsports, music and family entertainment around the iconic Tal Moreeb, the UAE's tallest dune at 300 metres. Previous editions have featured hot air balloon rides, farm-to-table dining, Monster Jam shows and freestyle drifting. As part of the festival, Liwa Village returns with its own mix of Emirati heritage and entertainment, from a lively marketplace and traditional performances to family-friendly activities set against the backdrop of the dunes.

Events for the Super Fans

- Saadiyat Nights: Saadiyat Nights returns for its fourth season, bringing a line-up of legendary musicians and live performances to Abu Dhabi's iconic open-air amphitheatre on Saadiyat Island. Set against the island's coastal backdrop, this concert series welcomes internationally acclaimed artists for memorable evenings of live entertainment under the stars.

Fun, Fashion and Laughter

- Abu Dhabi Comedy Season: Abu Dhabi Comedy Season returns to Etihad Arena on Yas Island, starting from October, bringing together a series of international comedy performances. This year's line-up features Russell Peters, Morgan Jay, Mo Amer and Maz Jobrani, with more acts to be announced.

- Mother of the Nation (MOTN) Festival: Named in honour of Her Highness Sheikha Fatima bint Mubarak, the Mother of the Nation Festival returns with a programme of family activities, global cuisine, live entertainment and art installations across Abu Dhabi, Al Ain Region and Al Dhafra Region. Previous editions have included interactive workshops, outdoor cinema and inflatables zone, alongside more than 40 food concepts from regional and international vendors.

With more than 40 events spanning culture and entertainment from now through early 2027, Abu Dhabi's calendar offers a diverse programme experiences for residents and visitors to discover and enjoy.

For more information on events, dates, and tickets: visitabudhabi.ae/en/events

About the Department of Culture and Tourism – Abu Dhabi:

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) drives the sustainable growth of Abu Dhabi's culture and tourism sectors and its creative industries, fuelling economic progress and helping to achieve Abu Dhabi's wider global ambitions.

Nuvion Partners with EbonyLife Place London to Support Africa's Creative Economy Across Borders

Partnership brings together African storytelling and global financial infrastructure following the opening of EbonyLife Place London in the UK.

LONDON, Oct. 12, 2026 /PRNewswire/ -- Nuvion, the AI-powered global bank for businesses and platforms, has announced a partnership with EbonyLife Place London, the new home for African and Black film, culture and creativity in the UK.

The partnership was announced to coincide with the official opening of EbonyLife Place London in Nine Elms.

A first-of-its-kind destination and home to the UK's only cinema dedicated exclusively to African and Black film, the venue also brings together art, fashion, retail, music and cultural experiences under one roof, creating a permanent London destination for African storytelling and creativity.

The venue opened with the support of the Mayor of London, Sadiq Khan, and will host Film Africa screenings from 26 to 30 October.

As the Official UK Banking Partner, Nuvion will work with EbonyLife Place London to connect Africa's growing creative economy with the financial infrastructure and opportunities needed to operate internationally. Through its global accounts, cross-border payment and payout capabilities, and fiat and stablecoin rails, Nuvion can help businesses operating across markets receive payments, pay partners and manage funds across multiple currencies from a single platform.

"Africa's creative economy is increasingly global, but the people and businesses powering it still face barriers when operating across markets," said Keisha Clark, Managing Director, Nuvion. "Our partnership with EbonyLife Place London is about backing that ambition with the financial infrastructure businesses need to operate, get paid and grow globally."

Mo Abudu, Founder and CEO of EbonyLife Group, added: "EbonyLife Place London is about creating a new home for African and Black culture in London, bringing together food, fashion, art, music and, of course, film under one roof. It also demonstrates the extraordinary soft power of our culture to the world, and our invitation is open to all.

"We are delighted to partner with Nuvion, creating opportunities to connect the founders, creators and businesses behind our stories with the tools and networks that can support their ambitions globally."

The partnership will continue beyond the opening, with Nuvion and EbonyLife Place London collaborating on cultural and business-focused programming and activations over the coming year.

Notes to Editors

Hudson Sandler 

[email protected] 

About Nuvion

Nuvion is the AI-powered global bank for businesses and platforms. With multi-currency accounts, global payment rails, treasury tools and compliance infrastructure, all accessible via a single API, Nuvion simplifies how businesses move, manage and grow money across borders. Built for a world where ambition crosses borders instantly.

Nuvion is headquartered in Miami, Florida, and licensed in 10+ markets, including the UK, US, EU, Canada, Bahrain, Hong Kong, among others.

About EbonyLife Place London

EbonyLife Place London is a cultural and entertainment destination created by Mo Abudu and the EbonyLife Group, celebrating African and Black creativity through film, food, fashion, art, music and events.

Located at 208 Wandsworth Road, London SW8 2JU, the venue is home to the 160-seat Amani Auditorium, a dedicated home for African and Black cinema, The Afrobeat restaurant, Fèhìntì Lounge, Maji Concession and Bar, Zuri Retail and the Living Wall Gallery.

SOURCE Nuvion

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Foresee Pharmaceuticals Announces China NMPA Approval of CAMCEVI® 42 mg for the Treatment of Advanced Prostate Cancer; Changchun GeneScience Pharmaceutical will Commercialize in China

TAIPEI, Oct. 12, 2026 /PRNewswire/ -- Foresee Pharmaceuticals (TPEx: 6576), ("Foresee") today announced that it was notified by its licensing partner, Changchun GeneScience Pharmaceutical Co., Ltd. ("GenSci"), that China's National Medical Products Administration (NMPA) has approved the Marketing Authorization Application (MAA) for CAMCEVI® 42 mg, a ready-to-use 6-month subcutaneous depot formulation of leuprolide mesylate, for the treatment of adult patients with advanced prostate cancer.

Dr. Ben Chien, Ph.D., Chairman and Chief Executive Officer of Foresee Pharmaceuticals stated: "We are pleased that our partner GenSci will be launching CAMCEVI® 42 mg in China. These efforts will significantly contribute to the growth of our global CAMCEVI® franchise."

CAMCEVI® is exclusively licensed to GenSci for commercialization in China across all current and pipeline indications, including advanced prostate cancer, central precocious puberty (CPP), and premenopausal breast cancer.

In addition to the NMPA's approval of CAMCEVI® 42 mg for advanced prostate cancer described above, GenSci submitted a supplemental New Drug Application (sNDA) in May 2026 for leuprolide mesylate injectable emulsion for the additional indication of premenopausal breast cancer, which has been accepted by the NMPA for substantive review.

About CAMCEVI 42 mg

CAMCEVI® 42 mg is a sustained-release, ready-to-use, 6-month subcutaneous formulation of leuprolide mesylate, a gonadotropin-releasing hormone (GnRH) agonist, offering a less-frequent, ready-to-use dosing alternative to existing therapies.

It is approved for the treatment of adult patients with advanced prostate cancer in the United States (since May 2021), the European Union (since May 2022), and other markets, and, as announced today, in China. Product labeling may differ by country; please refer to the locally approved prescribing information.

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding future plans for the commercialization of CAMCEVI® in China and the expected contribution of CAMCEVI® to the growth of Foresee's global CAMCEVI® franchise. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

About Foresee Pharmaceuticals Co., Ltd.

Foresee is a Taiwan and US-based biopharmaceutical company listed on the Taipei Exchange (TPEx: 6576). Foresee's R&D efforts are focused on two key areas, namely its unique Stabilized Injectable Formulation (SIF) long-acting injectable (LAI) technology with derived drug products targeting specialty markets and secondly, its transformative preclinical and clinical first-in-class NCE programs targeting rare and severe disease areas with high unmet needs.

Foresee's product portfolio includes late and early-stage programs. CAMCEVI® 42 mg, for the treatment of advanced prostate cancer, is now approved in the U.S., Canada, EU, Taiwan, Israel, and the UK and was launched in the U.S. in April 2022. Additionally, CAMCEVI® ETM was approved by the U.S. FDA on August 25, 2025. Foresee was notified by its licensing partners of a series of successful 2026 regulatory milestones, including Canada's drug approval in April, the EU's EMA marketing authorization in May, and the UK's MHRA marketing authorisation in August (partnered with Accord Biopharma/Intas and Accord Healthcare). For FP-001, 42 mg 6-month LAI formulation in central precocious puberty (CPP), the Casppian Phase 3 clinical trial successfully reached its primary endpoint in December 2025 (p-value = 0.0005), with an NDA submission to the U.S. FDA planned in the second half of 2026. Foresee is currently building its commercial infrastructure and preparing to launch FP-001 in CPP itself in the U.S. and Taiwan. The Phase 3 clinical trial of CAMCEVI® 6-month LAI formulation for premenopausal breast cancer in China has been completed, and in May 2026, the licensing partner submitted a marketing authorization application for leuprolide injectable emulsion for the additional indication of premenopausal breast cancer, which has been accepted by China's National Medical Products Administration (NMPA) for substantive review. Building on the success of CAMCEVI's formulation development, Foresee's proprietary SIF technology platform is now expanding into the central nervous system (CNS) field, which represents a potential multi-billion-dollar market. Two CNS-targeted long-acting injectable (LAI) candidates, FP-018 (Cariprazine LAI) and FP-016 (VMAT2 LAI), are expected to enter human clinical trials in late 2027. Aderamastat (FP-025), a highly selective oral MMP-12 inhibitor targeting inflammatory and fibrotic diseases, successfully completed a Phase 2 proof-of-concept study in allergic asthmatic patients. Future development of aderamastat will be in rare immune-fibrotic diseases, including cardiac sarcoidosis. Linvemastat (FP-020), a follow-on oral MMP-12 inhibitor, has completed a Phase 1 study in healthy volunteers, with development targeted in severe asthma and COPD. In January 2026, the global rights for the MMP-12 Inhibitor series were exclusively licensed to Primevera Therapeutics LLC for all subsequent R&D. Mirivadelgat (FP-045) is a highly selective oral small molecule allosteric activator of ALDH2, a mitochondrial enzyme, for which the Phase 2 WINDWARD study in pulmonary hypertension-interstitial lung disease (PH-ILD) patients was initiated in the second quarter of 2025. www.foreseepharma.com

SOURCE Foresee Pharmaceuticals

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CLASSYS Appoints Former Bain & Company Partner Jung-hee Bae as Chief Commercial Officer to Accelerate Global Expansion and Growth

- Appoints Vice President Jung-hee Bae to lead the newly established Go-to-Market (GTM) Center, overseeing domestic and international sales and marketing

- AI and data-driven marketing and operations expert to spearhead expansion across the Americas, China and Europe while reinforcing the company's leadership in South Korea

- Latest executive appointment reinforces CLASSYS's global leadership team following the appointments of CEO Jun-oh Yoon and CTO Taek-Soo Kim

SEOUL, South Korea, Oct. 12, 2026 /PRNewswire/ -- CLASSYS Inc. (KOSDAQ: 214150), a global medical aesthetics platform company led by CEO Jun-oh Yoon, announced today that it has established the position of Chief Commercial Officer (CCO) and appointed Jung-hee Bae, a former Bain & Company partner, as Vice President, CCO and Head of its Go-to-Market (GTM) Center.

Following CEO Jun-oh Yoon's appointment in July, CLASSYS undertook a major organizational restructuring to accelerate global expansion and growth with a greater focus on markets and customers. As part of this restructuring, the Marketing, Domestic Sales and Overseas Sales Divisions were brought together under the newly established GTM Center. Bae will lead the center, integrating the company's sales and marketing capabilities to spearhead its global expansion.

Over the past 20 years, CLASSYS has expanded gradually into international markets, introducing products and entering new regions in stages. Since CEO Yoon took office, the company has been overhauling its operations to establish a standardized approach to branding, products, positioning and global launches, enabling it to accelerate expansion and growth.

Bae's appointment follows that of CEO Jun-oh Yoon, who previously led M&A and portfolio strategy at Samsung Group and Samsung Electronics, and CTO Taek-Soo Kim, who holds a Ph.D. from Stanford University and previously worked at Samsung Advanced Institute of Technology (SAIT). With these appointments, CLASSYS aims to further consolidate its position as a leader in the global medical aesthetics industry and assemble a world-class executive team spanning strategy, technology and execution to accelerate growth.

Bae graduated from Korea University and earned an MBA from Harvard Business School. She began her career as a systems engineer at LG CNS before working at Monitor Group and Deloitte Consulting and later becoming a partner at Bain & Company. She has helped clients expand and transform their businesses across more than 30 countries through new brand launches, entry into emerging markets and the development of distribution channels. Most recently, she led Bain & Company's AI and digital strategy practice, spearheading the transformation of data-driven operations at global companies.

With Bae joining the executive team, CLASSYS plans to move quickly on three priorities: accelerating entry into and growth in key international markets, including the Americas, China and Europe; reinforcing its leadership in South Korea; and advancing data- and AI-driven GTM operations and marketing. These efforts are intended to help the company achieve its $1 billion revenue target ahead of 2030.

"CLASSYS is a leader in the global medical aesthetics industry, with end-to-end solutions across energy-based devices (EBDs) and a unique ability to deliver personalized, differentiated combination treatment experiences tailored to individual customers," said CEO Jun-oh Yoon. "By establishing the GTM Center, we will accelerate expansion and growth, bringing CLASSYS's advanced technologies and products to customers around the world more quickly."

"CCO Jung-hee Bae is well positioned to help shape CLASSYS's 'Next Stage,'" Yoon added. "Her appointment significantly strengthens our leadership capabilities as we seek to take CLASSYS to the next level through innovation in global sales and marketing."

"CLASSYS brings together differentiated products and technologies valued in markets worldwide, along with an exceptional team of professionals," said CCO Jung-hee Bae. "By drawing on these strengths, we will further consolidate CLASSYS's leadership in the global medical aesthetics market and leverage that position to rapidly transform the customer experience."

"My first priority will be to visit our key markets and listen directly to customers and hospitals," she added.

CLASSYS offers a broad portfolio of energy-based devices (EBDs), including Shurink Universe, a high-intensity focused ultrasound (HIFU) system; Volnewmer, a monopolar radiofrequency (RF) device; and Quadessy, a microneedling RF device. International sales account for approximately 76% of total revenue. The company aims to achieve $1 billion in revenue by 2030 and become the world's leading medical aesthetics platform company.

SOURCE Classys Inc.

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Raytron OEM Showcases Infrared Imaging Solutions for Industrial Automation at VISION 2026

STUTTGART, Germany, Oct. 12, 2026 /PRNewswire/ -- Raytron OEM presented its latest short-wave infrared (SWIR) cameras and long-wave infrared (LWIR) thermal imaging modules at VISION 2026, at Messe Stuttgart from October 6 to 8. The showcase highlighted practical infrared components tailored to help local manufacturers and integrators enhance their industrial automation and machine vision systems.

Hands-on SWIR demonstrations distinguished sugar from salt and compared dry and wet biscuit samples, illustrating applications in material differentiation, food sorting, and moisture detection.

Among the exhibited products, the NS-615AS-10GE SWIR camera combines 640 × 512 resolution with a 10GigE interface and full-frame operation at up to 825 fps, supporting high-speed image acquisition for applications such as semiconductor inspection and material sorting. It was presented alongside the NS-615A-GE area-scan SWIR camera and the NS-101L2 line-scan SWIR camera, offering different acquisition formats and interface options to fit diverse local automated vision setups.

For customers integrating thermal imaging into their own products, the SE5 1280 thermal imaging module offers 1280 × 1024 resolution, a compact design, and multiple digital interfaces. Complementing its imaging capabilities, the WN2T Series temperature measurement modules combine non-contact temperature measurement with compact dimensions and low power consumption. These products give OEM developers reliable options for incorporating thermal imaging and temperature analysis into industrial inspection and monitoring equipment.

On October 8, Mr. Fushuai Liu, Head of Europe & Americas at Raytron, presented "How Infrared Perception Is Shaping Industrial Machine Vision in Europe" at Industrial VISION Days. Drawing on the Raytron EV Lithium-ion Battery Thermal Safety White Paper, he explored battery safety, process quality, and traceability in the context of the EU Battery Regulation.

His presentation outlined a three-layer Thermal Vision framework combining thermal imaging hardware, data analysis and management, and integration with existing plant control and safety systems. Application examples included the TN460U Ultra-high Temperature Thermal Camera for battery safety testing and TN430/TN460 online thermal cameras for die-casting mold temperature monitoring. This approach supports continuous monitoring, tiered alerts, and traceable thermal records across battery production, testing, and storage, helping European manufacturers identify potential issues early and strengthen site safety management.

Through product demonstrations and technical exchange, Raytron OEM reaffirmed its commitment to supporting European industrial automation with infrared solutions tailored to local inspection and monitoring needs.

For More Information:

Email: [email protected]

Website: https://www.raytron-microelectronics.com/

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Valmet continues its partnership with Anhui Linping Circular Development with delivery of a new board making line for lightweight packaging

ESPOO, Finland, Oct. 12, 2026 /PRNewswire/ -- Valmet Oyj's press release on October 12, 2026, at 9:30 a.m. EEST

Anhui Linping Circular Development has selected Valmet to deliver a complete board making line with automation and lifecycle support for their mill in China. The new high-speed board line PM 9 is designed for efficient production of lightweight fluting and liner grades, and it will support the customer's goal to expand their product portfolio while simultaneously improving their resource efficiency and lowering the environmental impact.

The advanced technologies and lifecycle support included in the new delivery, combined with the experience gained from the previous project, will ensure reliable production while supporting Anhui Linping's strategic targets. Valmet has previously delivered a complete board making line PM 8 to the same customer site in Xiao County, China.

"This investment will strengthen our position in the market while meeting our targets for resource-efficient production. Having successfully collaborated with Valmet on our previous board machine project, we are confident that this full-scope delivery combined with strong project execution and lifecycle support will help us achieve our production and performance targets," says Li Jianshe, Chairman, Anhui Linping.

The delivery combines advanced board making and automation technologies designed to support high productivity, excellent board quality, and reliable machine performance. The start-up of PM 9 is scheduled for 2028.

"We are pleased to continue our successful cooperation with Anhui Linping Circular Development. This new investment reflects the trust we have built through our long-term partnership and our shared commitment to high production performance," says Veli-Matti Miskala, Sales Manager, Packaging and Paper Business Area, Valmet.

The delivery includes a complete board machine from headbox to winder. The machine has been designed to achieve excellent runnability and productivity in lightweight fluting and liner production. Advanced layering gap headbox technology enables optimal layer structure and sheet formation. Technologies such as the press with center roll and closed sheet transfer provide continuous web support from the press section all the way to the dryer. In addition, the compact geometry in the predryer section, together with carefully engineered runnability systems, reduces the risk of web breaks and supports stable operation at high machine speeds. The machine's capacity targets and excellent customer roll quality are ensured with a winder.

The reliable operation and consistent lifecycle performance of the machine are ensured with services and automation solutions. These include spare parts, digital services, and paper machine clothing. Automation solutions will secure production efficiency and support the mill's progression toward increasingly autonomous operations.

The order is included in Valmet's orders received for the third quarter of 2026. The value of the order will not be disclosed.

About the customer

Anhui Linping Circular Development Co., Ltd. is a Chinese high-tech enterprise, a provincial enterprise technology center, and an engineering research center. Founded in 2002, the company is located in Xiaoxian Circular Economy Industrial Park. Its main products are high-grade packaging materials that are a well-known trademark in China.

VALMET

Corporate Communications 

Further information:

Petri Paukkunen, Vice President, Packaging and Paper Machines, Packaging and Paper Business Area, Valmet, tel. +358 40 744 8182

Kari Räisänen, Vice President, Sales, Packaging and Paper Machines, Packaging and Paper Business Area, Valmet, tel. +358 40 518 0567

Valmet is a global technology leader in serving process industries. We work with our customers throughout the lifecycle, delivering cutting-edge technologies and services, as well as mission-critical automation and flow control solutions. Backed by more than 225 years of industrial experience and a global team of 18,500 professionals close to customers, we are uniquely positioned to transform industries toward a regenerative tomorrow.

In 2025, Valmet's net sales totaled approximately EUR 5.2 billion. Our head office is in Espoo, Finland, and we have experts in approximately 40 countries around the world. Valmet's shares are listed on Nasdaq Helsinki.

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Global business leaders share ideas on AI-driven growth in Shanghai

SHANGHAI, Oct. 12, 2026 /PRNewswire/ -- A news report from english.shanghai.gov.cn

Shanghai should better leverage artificial intelligence to integrate services with manufacturing and consumption and nurture more growth engines, experts and executives from leading multinational companies said.

The comments were made during the 38th meeting of the International Business Leaders' Advisory Council for the Mayor of Shanghai, held on Oct 11 under the theme of promoting innovation-driven development of the service sector.

Initiated in 1989, the IBLAC has grown into a think tank for Shanghai mayors, with 42 multinational executives from 14 countries attending this year's edition.

Shanghai has a unique advantage to better leverage technology thanks to its strong industrial base, its close ties with the rest of the Yangtze River Delta region and a mature service industry, Mohamed Kande, global chairman of PwC, said.

He suggested Shanghai connect technologies, research and capital with international service providers to address real-economy challenges.

Sir Martin Sorrell, founder and executive chairman of S4 Capital and former chairman of IBLAC, said that Shanghai is becoming a testing ground for global AI governance and the intelligent transformation of the services sector.

For the global service sector, AI has seen its role transitioning from an efficiency tool to a "value-chain restructurer". Shanghai should thus further align with international rules, facilitate data flow, open up more application scenarios, build up a more talent-friendly ecosystem and seek international coordination to make it a global innovation hub for AI-empowered services, he suggested.

Applauding Shanghai's strong manufacturing foundation as well as a rich pool of AI companies, professional service providers, multinational companies and long-term capital, Zhang Lei, founder and chairman of Hillhouse Investment, said that the city should attach greater importance to the real deployment of AI.

More key scenarios that affect companies' operations should be opened up. Shanghai should also cultivate a group of forward-deployed engineers and professional service enterprises that understand both AI and industries. In this way, more AI applications and service capabilities successfully tested in the Chinese market can go global from Shanghai, he said.

According to Gary S. Guthart, executive chair of the board of directors at Intuitive Surgical, combining high-quality medical data with AI and robotics can create new frontiers in medical care. Shanghai has unique advantages for such transformation by piloting the development of high-quality datasets for robot-assisted surgeries, experimenting with new approaches for secure medical data sharing, and building a "Shanghai model" for the responsible use of medical data that can be replicated nationwide.

Jean-Paul Agon, chairman of L'Oreal Group, believed that AI can provide consumers with tailor-made products by connecting the online and offline shopping experiences. He added that Shanghai should improve its business ecosystem to become a hub connecting global innovation rules.

Click the link below to read the original article:

https://english.shanghai.gov.cn/en-IBLACShanghai2026/20261012/b3f93e5579ea4b78b499289a9cfe2f11.html

SOURCE english.shanghai.gov.cn

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UK pathology provider Diagnexia chooses Sectra to speed up pathology reporting for the NHS

LINKÖPING, Sweden, Oct. 12, 2026 /PRNewswire/ -- International medical imaging IT and cybersecurity company Sectra (STO: SECT B) has signed an agreement with Diagnexia in the UK to deliver its service for advanced share and collaborate workflows. Diagnexia will now be able to receive, send and report on pathology cases digitally from NHS organisations that need support from external specialists. This supports the development of national telepathology networks in the UK and widens access to specialist expertise for patients.

"UK pathology has spent a decade building digital capability one site at a time. Sectra has already done the connecting work across more than 500 institutions in radiology. Joining that network means the groundwork is done before the conversation starts," says Donal O'Shea, Chief Executive Officer at Diagnexia.

Diagnexia is a UK provider of digital pathology services and a diagnostic partner to more than 30 NHS organizations. It gives NHS services access to over 250 GMC-registered specialist pathologists for routine, urgent and specialist cases, backlog clearance and MDT attendance. Its services integrate directly with Trusts' existing LIS and PACS. Diagnexia runs a UKAS-accredited (ISO 15189:2022) histology laboratory in Oxford and digital accessioning facilities in Oxford and Exeter, both registered with the CQC.

The service, Sectra Image Exchange Portal (Sectra IEP), is a cloud-based, vendor-neutral platform for exchanging and collaborating around medical images. It is already used by more than 500 institutions, mainly within radiology. Following a substantial modernization, healthcare providers can now use the service for advanced workflows. It is also open to specialties other than radiology, and customers can go beyond image sharing to manage workflows between organisations.

"Every new connection strengthens the network, and with Diagnexia now joining IEP, a national telepathology network is rapidly becoming reality. For hospitals already connected to IEP, the benefit is immediate: Diagnexia's reporting capacity is now accessible through the same connection and workflows they use today. No new integration, no separate supplier onboarding, and no additional infrastructure. Hospitals can quickly tap into specialist expertise and additional reporting capacity from Diagnexia, helping them manage demand and reduce reporting backlogs," says Jane Rendall, Managing Director for Sectra UK and Ireland.

The contract was signed in the second quarter of Sectra's 2026/2027 fiscal year and renews annually, covering up to 100,000 cases in the first year.

NHS pathology services are handling growing case volumes with a limited number of reporting consultants, and increasing subspecialisation means the pathologist best suited to a case is often at another organisation. Sending work to external capacity providers today typically relies on bespoke arrangements between individual laboratories, including the transportation of physical glass slides. This slows reporting times and creates administrative overhead for both the sending and receiving laboratories. With Sectra's service, a case can be created as a job directly from a laboratory's worklist, delegated to a receiving organisation, and the completed report returned to the referring organisation's own records.

For further information, please contact: 

Dr. Torbjörn Kronander, CEO and President Sectra  AB, 46 (0) 705 23 52 27

Marie Ekström Trägårdh, Executive Vice President Sectra AB and President Sectra Imaging IT Solutions, 46 (0)708 23 56 10

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