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Trump admin strikes zero tariff pharmaceutical deal with Britain — a move welcomed by drugmakers

 The United States and Britain announced a deal on Monday to secure zero tariffs on British pharmaceutical products and medical technology in return for Britain spending more on medicines and overhauling how it values drugs. Under the agreement, Britain will raise the net price it pays for new US medicines by 25%. In return, UK-made medicines, drug ingredients and medical technology will be exempt...

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Black Forest Labs becomes a unicorn with $300 million in funding

FREIBURG / LONDON (IT BOLTWISE) – Black Forest Labs, an emerging AI startup from Freiburg, has closed an impressive financing round of $300 million. With a valuation of $3.25 billion, the company has now achieved unicorn status. The investment will accelerate research and development and enable the company to further optimize its open visual models. […]

The post Black Forest Labs becomes a unicorn with $300 million in funding appeared first on Veritas News.

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Sri Lanka stocks drop 3.04-pct after Cyclone Ditwah, construction stocks gain

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange (CSE) registered a two-month low, following the destructive Cyclone Ditwah, as selling pressure was seen in the market, brokers said. “Market dropped by over 600 points, mainly due to the flood situation,” Ranjan Ranatunga, Assistant Vice President – Research at First Capital said. Ranatunga said that investors are […]

The post Sri Lanka stocks drop 3.04-pct after Cyclone Ditwah, construction stocks gain appeared first on Veritas News.

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