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Pharma price increase yet to be approved by pricing committee: SLCPI President

09 Mar 2022

BY Ruwani Fonseka The price hike of 5% on pharmaceuticals which was proposed to the Ministry of Health and the Ministry of Production, Supply and Regulation of Pharmaceuticals has yet to be approved by the relevant pricing committee, says Sri Lanka Chamber of the Pharmaceutical Industry (SLCPI) President Sanjeewa Wijesekera. He made this statement while speaking to The Morning today (09). "The proposal was submitted today for a 5% price hike in pharmaceuticals. This has to be reviewed by the pricing committee as well as the National Medicines Regulatory Authority (NMRA) before the price increase is implemented," said Wijesekera. He additionally mentioned that an acknowledgement to the request has been received and an answer will be given tomorrow whether or not the request for the price hike is approved.

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