header logo
Asia asset finance
Mogo Academy
Latest
NMRA approves 29% price increase for medicinal drugs
Mar 11, 202204:06 PM
NMRA approves 29% price increase for medicinal drugs

The prices of medicinal drugs in Sri Lanka will be increased by 29 per cent, says State Minister Prof. Channa Jayasumana.

 

Approval for the price hike was given by the Price Control Committee of the National Medicines Regulatory Authority (NMRA).

 

The lawmaker’s remarks came during the parliamentary session today (March 11).

 

Yesterday, the State Ministry of Production, Supply, and Regulation of Pharmaceuticals granted permission to medicinal drug importers for a reasonable price increase, due to the increase in the exchange rates.

 

The permission was given after the representatives of the Sri Lanka Chamber of the Pharmaceutical Industry (SLCPI) had met with Prof. Channa Jayasumana and NMRA officials for a discussion pertaining to the import of pharmaceutical drugs.

 

Prof. Channa Jayasumana had previously stated that the prices of medicinal drugs would have to be revised based on the recent devaluation of Sri Lankan rupee against US dollar.

 

 

 

 

MostRead
Mobitel 5g
VideoStories
El Niño expected to gradually impact Sri Lanka, experts warn

El Niño expected to gradually impact Sri Lanka, experts warn

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Special Dengue Prevention Week in Colombo from June 15 to 21

Special Dengue Prevention Week in Colombo from June 15 to 21

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

Sri Lanka bans export of mineral resources without value addition

Sri Lanka bans export of mineral resources without value addition

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

Lassana Flora