💊 Sri Lanka Plans 10-Year Local Pharma Expansion

Sri Lanka aims to significantly lower reliance on imported drugs by boosting domestic manufacturing and generating forex through exports over the next decade, according to Health and Mass Media Minister Dr. Nalinda Jayatissa. • Strategic Focus: Strengthening national domestic capacity in the pharmaceuticals sector to save foreign currency reserves and diversify export revenue streams. • Key Objectives: Reduce dependency on imported essential medicines while elevating local manufacturing units to international standards. • Sector Impact: Supports healthcare security, domestic manufacturing value addition, and skilled employment in high-tech industrial manufacturing.