gossip lanka

Local Manufacturers Welcome New State Ministry for Pharmaceutical Manufacture

Sri Lanka Pharmaceutical Manufacturers’ Association President Sanjaya Jayaratne lauds new government

The Sri Lanka Pharmaceutical Manufacturers’ Association (SLPMA) welcomed the newly elected government’s decision to create a new State Ministry for Pharmaceuticals Manufacture as a crucial positive step towards the strengthening of the local pharmaceuticals industry.
The Association iterated the importance of its contribution to the nation as local manufacturers ensuring the availability of essential pharmaceuticals and expressed its confidence in the government’s vision for the nation.

SLPMA President Mr. Sanjaya Jayaratne, Chairman of Navesta Pharmaceuticals (Pvt.) Ltd., congratulated the government on its landslide victory and for championing local industry. “The Sri Lanka Pharmaceutical Manufacturers’ Association warmly welcomes the new government headed by Prime Minister Mahinda Rajapaksa. We look forward to working with Minister of Health, Pavithra Wanniarachchi and Prof. Channa Jayasumana, State Minister of Pharmaceutical Production, Supply and Regulation as we work towards a robust local pharmaceuticals industry.” he stated.

Members of the Sri Lanka Pharmaceutical Manufacturers’ Association have actively reinvested over Rs. 15 billion over the past five years on capacity building and market expansion, setting up new plants and upgrading current facilities to enhance the manufacture of a wider range of medicines and infrastructure for the Sri Lankan market and for export. Currently holding 15% of the local pharmaceuticals market, the SLPMA aims to help the country by increasing the production of world-class pharmaceuticals locally to provide quality cost-effective medicines to all Sri Lankans. As the official body for local pharmaceutical manufacturers, the SLPMA holds frequent dialogues on matters concerning the development of the industry with key stakeholders.