The National Medicines Regulatory Authority (NMRA) Act has been amended to introduce a price mechanism for setting the maximum retail price of medicines.
This initiative, directed by Health Minister Ramesh Pathirana, aims to ensure transparency and fairness in pharmaceutical pricing. The amendment introduces a method to determine the maximum retail price of specific drugs, taking into account their dosage form and strength.
A gazette notification has been published to formalize these changes, ensuring that the new pricing mechanism is implemented effectively.
