Sri Lanka Pharmaceuticals and Healthcare Report - Business Monitor International - Industry Reports

Sri Lanka Pharmaceuticals and Healthcare Report

Sri Lanka Pharmaceuticals and Healthcare Report - Business Monitor International - Industry Reports
Sri Lanka Pharmaceuticals and Healthcare Report
Published Sep 10, 2016
72 pages — Published Sep 10, 2016
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Abstract:

Hong Kong subsidiary, received approval from Sri Lanka s Health Ministry to set a compounding facility in Sri Lanka. The company compounding products will be supplied through a distributor to the local market and countries that Sri Lanka has trade agreements with which include India. ...The biotechnology company Biocad, which manufactures Herticaid at its facility in Saint Petersburg, Russia, is planning to launch several other biosimilar monoclonal antibodies in Sri Lanka over the next few years. Reflecting Sri Lanka s government efforts to improve the quality of healthcare, under the organisation of the country s Health Ministry, the Sri Lanka Lab & Expo convention will be held in Colombo over August -----, with participation of --- internationally reputed pharmaceutical and medical companies from -- countries. As of July ----, with support from Indian Prime Minister Narendra Modi, India presented a grant of USD-.-mn to Sri Lanka to uplift and improve medical facilities in the country, including the launch of -- state-of-the-art free pre-hospital care ambulances. ...Reflecting Sri Lanka s government efforts to improve the quality of healthcare, under the organisation of the country s Health Ministry, the Sri Lanka Lab & Expo convention will be held in Colombo over August -----, with participation of --- internationally reputed pharmaceutical and medical companies from -- countries. As of July ----, with support from Indian Prime Minister Narendra Modi, India presented a grant of USD-.-mn to Sri Lanka to uplift and improve medical facilities in the country, including the launch of -- state-of-the-art free pre-hospital care ambulances.

...BMI View: Sri Lanka s pharmaceutical and healthcare markets will continue to expand over the next -- years driven by economic development. Despite an increased level of fiscal tightening in the coming quarters, healthcare system strengthening and facilities upgrade will remain a policy priority. ...BMI View: Sri Lanka s pharmaceutical and healthcare markets will continue to expand over the next -- years driven by economic development. Despite an increased level of fiscal tightening in the coming quarters, healthcare system strengthening and facilities upgrade will remain a policy priority. We expect growing demand for healthcare and medical treatment of chronic diseases to create commercial opportunities for drugmakers and medical operators, although the government s pro-generic drugs stance and low spending per capita on medicine will continue to tarnish the market potential appeal to innovative drugmakers. ...Despite an increased level of fiscal tightening in the coming quarters, healthcare system strengthening and facilities upgrade will remain a policy priority. We expect growing demand for healthcare and medical treatment of chronic diseases to create commercial opportunities for drugmakers and medical operators, although the government s pro-generic drugs stance and low spending per capita on medicine will continue to tarnish the market potential appeal to innovative drugmakers.

...We believe that Sri Lanka s reforms to internal security legislation and judicial inquiries into war crimes will only proceed slowly due to divisions within the coalition government. At the same time, limited public engagement has allowed social frictions to persist between communities on opposing sides of the former conflict. ...

  
Source:
Document ID
2044-5849
Country
Industry
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Sri Lanka Pharmaceuticals and Healthcare Report" Sep 10, 2016. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Sri-Lanka-Pharmaceuticals-and-Healthcare-Report-2026-1487>
  
APA:
Business Monitor International - Industry Reports. (2016). Sri Lanka Pharmaceuticals and Healthcare Report Sep 10, 2016. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Sri-Lanka-Pharmaceuticals-and-Healthcare-Report-2026-1487>
  
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