Finance Healthcare Industry Analysis

IFC Announces Investment of Rs. 3.2 Billion in Sunshine Healthcare

Sunshine Healthcare Lanka (SHL), part of Sunshine Holdings PLC (CSE: SUN), has secured a substantial equity investment of up to Rs. 3,270 million from the International Finance Corporation (IFC), a member of the World Bank. This strategic investment will see IFC acquiring around a 14.7% stake in SHL, reinforcing Sunshine’s commitment to meeting Sri Lanka’s

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Healthcare Industry Analysis

Medihelp Hospitals and Mount Elizabeth Singapore Host Lifestyle Seminar on Preventing and Predicting Prostate Cancer

Sri Lanka’s rapidly growing primary healthcare provider, Medihelp Hospitals, joined forces with Mount Elizabeth Singapore and the IHH Patient Assistant Centre Sri Lanka Office to host a comprehensive lifestyle seminar focused on the prevention and prediction of prostate cancer. The event took place at the newly inaugurated Medihelp Wellness Center, the 18th branch of the

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Healthcare

Positive Shift in Pharmaceutical Availability: Out-of-Stock Medications Reduced to Less than 100

The Sunday Morning has learned that the number of out-of-stock pharmaceuticals in Sri Lanka has dipped below 100 for the first time in several years. Dr. Chamil Wijesinghe, the Media Spokesman for the Government Medical Officers’ Association (GMOA), confirmed this information, stating that the Medical Supplies Division (MSD) currently lists only 58 out-of-stock medicines, despite

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Healthcare

Jeevani Health Sector Product Awaits GMP Certification

The widely-used oral rehydration solution ‘Jeevani,’ produced by the State Pharmaceuticals Corporation (SPC), is under scrutiny for lacking Good Manufacturing Practices (GMP) certification for the past nine years. College of Medical Laboratory Science President Ravi Kumudesh highlighted this concern in a letter to the Ministry of Health, emphasizing the potential risks to medicine quality when

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