Over 300 locally manufactured medicines and medical supplies are set to be procured following Cabinet approval for a one-year period.
Cabinet Spokesman Minister Nalinda Jayatissa said that this decision, initially approved on 14 October 2024, aims to source medical supplies from identified local manufacturers.
The Ministry of Health and Mass Media has compiled four categories of suppliers, the State Pharmaceuticals Manufacturing Corporation (SPMC), joint venture partners with SPMC, buy-back agreement holders with the Ministry, and other non-contracted local manufacturers.
Following recommendations from the Cabinet-appointed Standing Procurement Committee, the proposal by the Minister of Health and Mass Media to award these procurements has been approved.
To award the procurement for the supply of 42 types of medicines to the State Pharmaceuticals Manufacturing Corporation for a sum of Rs. 5,398.83 million.
To award the procurement for the supply of 131 types of medicines to local manufacturers who have signed joint venture agreements with the State Pharmaceuticals Manufacturing Corporation for a sum of Rs. 16,611.42 million.
To award the procurement for the supply of 36 types of medicines to local manufacturers who have signed buy back agreements with the Ministry of Health and Mass Media for a sum of Rs. 9,022.10 million
To award the procurement of 130 types of medicines to 24 newly selected local manufacturers for a sum of Rs. 13,374.65 million. (Newswire)
The post Over 300 local medicines approved for procurement appeared first on Newswire.