Sri Lanka, March 26 -- A Gazette notification has been issued for the implementation of a maximum retail pricing mechanism for medicinal drugs.

The regulations, published in the gazette by the Minister of Health and Mass Media, Dr. Nalinda Jayatissa, are aimed at ensuring transparency, fairness, and affordability in the pricing of medicines.

The Medicines (Pricing Mechanism for Medicines) Regulations, No. 01 of 2025, published in the Gazette Extraordinary yesterday (25), introduce a structured system for determining the Maximum Retail Price (MRP) and Maximum Ceiling Price (MCP) for medicines sold in the country.

Key Highlights of the Regulations:

1. MRP Calculation: The Maximum Retail Price will be determined based on the Cost, Insura...