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Parliament approves new pricing formula for medicines

Parliament approves new pricing formula for medicines

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Parliament yesterday (21) approved the pricing formula introduced for medicines, aimed at regulating the cost of pharmaceuticals in the local market.

Minister of Health and Mass Media Dr. Nalinda Jayatissa told Parliament that under the new system, a maximum price limit will be introduced for each category of medicines to ensure affordability and prevent overpricing.

Meanwhile, the Minister also assured that there will be no change in the name or colour of the Suwaseriya Ambulance Service, reaffirming the government’s commitment to maintaining the service’s identity and public trust.

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