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Leading News from Sri Lanka ::
Jan 21, Colombo: Sri Lanka's State Pharmaceuticals Manufacturing Corporation is taking measures to increase its pharmaceutical drugs manufacturing capacity.
Health and Nutrition Minister Nimal Siripala de Silva yesterday opened the Corporation's new production, packing and storing (PPS) plant constructed at a cost of 72 million rupees in Ratmalana.
The facility will be equipped with the machinery required to manufacture 59 essential drugs locally at a cost of 600 million rupees, Chairman of the SPMC M.A.G. Hemachandra said. The Corporation targets to manufacture 500 million tablets of each drug annually.
The Corporation expects to earn 1.2 billion rupees annually from the scaled-up operations.
SPMC exports some of its drugs at present. The Minister participated in the dispatch of drugs worth 25 million rupees to Papua New Guinea and the Fiji Islands with the support of the Japanese International Corporation Agency (JICA).
The SPMC is a fully government owned organization engaged in the manufacturing of pharmaceuticals for its own stock and distribution in the private sector, and for use in all government hospitals of the Department of Health.
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