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Friday Nov 15, 2024
Tuesday, 6 November 2012 00:00 - - {{hitsCtrl.values.hits}}
Interpharm Pvt. Ltd. and Gamma Pharmaceuticals Pvt. Ltd. have announced the launch of their prolonged relief and coated tablets.
The manufacturing of prolonged relief and coated tablets has been enabled by an investment of approximately Rs. 40 million in state-of-the-art machinery and equipment and the advanced manufacturing technology employed.
The advancement in technology creates a better product, rendering the tablet more heat and light resistant, at a competitive price for the people of Sri Lanka. “We are a truly Sri Lankan company and are proud of our team who formulated these products. We will definitely be increasing our market share in the year ahead and will endeavour to command higher growth by the introduction of new quality products of this category,” said a company official.
Coated tablets have been supplied in respect of a tender floated by the State Pharmaceuticals Corporation (SPC) in the current year. Tenders for the year 2013 have already been won by Interpharm for supply of pharmaceuticals to the Government hospitals. One of such tender amounting to 105 million tablets is an example of the healing work that Interpharm is set to carry out.
One problem that Interpharm/Gamma Pharmaceuticals have experienced is in the legalities of product names and quality. Imported products are being registered with phonetically similar brand names, passing off as their own products.
“Negative publicity to damage the image of our products and the local pharmaceutical industry is also being carried out by competitors. Despite these impediments, the company is continuing to provide local consumers with quality pharmaceuticals at affordable prices,” said Gamma Pharmaceuticals Chairman K.G.K. Hewamallika.
Interpharm deeply appreciates the support extended to it by the Government authorities for the development of the local industry and further look forward to the Government fast tracking the process of direct supplies by local manufacturers to the Government hospitals. The company is also thankful to Hatton National Bank (HNB), which has continued to extend financial facilities for its expansion and all other stakeholders who have contributed to the company’s growth, Hewamallika added.
