Parliament Approves New Pricing Formula for Pharmaceutical Drugs

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Parliament has passed the pricing formula for pharmaceutical drugs, paving the way for the introduction of maximum price limits across various categories of medicines.

Health and Mass Media Minister Dr. Nalinda Jayatissa said the new regulations aim to ensure fair pricing and accessibility of essential drugs to the public. “Under the new system, a maximum price limit will be introduced for each category of pharmaceutical drugs,” he stated.

Meanwhile, the Minister also assured that there will be no change to the name or colour of the ‘Suwaseriya’ Ambulance Service, reaffirming the government’s commitment to maintaining the integrity and identity of the free emergency medical service.

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