Gazette to reduce prices of 48 drugs signed

Gazette to reduce prices of 48 drugs signed

October 21, 2016   12:06 pm

-

The Gazette notification to reduce the prices of 48 varieties of essential pharmaceutical drugs has been signed by the Minister of Health Dr Rajitha Senaratne.

The price reduction will come into effect from midnight today (21). 

Prices will be reduced up to 85% while the 48 items include the drugs used for diabetes, heart disease, and other related diseases.

The gazette was initially slated to be issues on September 31, however the National Drug Control Board had requested for another two weeks to sort some technical issues.

Once the Gazette on reduced prices of medicine is issued, pharmaceutical companies will not be allowed to revise the CIF prices.
 
The formula to reduce drug prices was announced during the 39th Prof. Senaka Bibile commemoration held on September 23 at the Sri Lanka Foundation Institute (SLFI) Auditorium.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories