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Sri Lanka announces price controls for 350 drugs

ECONOMYNEXT – Sri Lanka’s National Medicines Regulatory Authority (NMRA) has announced maximum retail prices (MRP) for 350 drugs, including common medications for blood pressure, and some cancer medications, effective immediately. These include common medications for blood pressure, worm treatment and long term medications such as those for epilepsy, and even some cancer medications. “Some patients don’t follow the prescribed medication dosage because the drugs are expensive; for example if a drug has been prescribed to be taken for a week they take it only for 3 days,” the NMRA’s Dr Ananda Wijewickrema told reporters. “Our aim is that by ensuring…

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