Government approves price surge on medicines

The government has granted companies the approval to surge medicine prices, revealed State Minister of Drug Production, Supply and Regulation Channa Jayasumana. The prices of medicines, accordingly, will increase by a certain percentage in proportion to the value of the US Dollar, the Minister added.

There is no shortage of medicines, Jayasumana went on, adding that the drug companies have agreed to supply and distribute medicines starting from today (10). These companies have sufficient stocks of medicines for four months, he added.

The decision comes in following a discussion held between the Minister and the pharmaceutical companies in Sri Lanka. Agreements have been reached during the meeting.

Accordingly, a guarantee can be made that there will be no shortage of medicines in the future, the State Minister further noted.

MIAP

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