Healthcare Industry In Sri Lanka

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OPPORTUNITY IDENTIFICATION 2.1 Introduction Health care industry of Sri Lanka is dominated by government and attached institutes. Importing, Manufacturing and selling medicine are major sectors of healthcare industry. In 1970 Unite Front government brought up a national pharmaceutical policy in order to ensure the quality and affordability of medicine which delivered to the patients. The development and the implementation of the policy handled by Professor Senaka Bibile who was a world famous expert in pharmaceutical industry. However the national pharmaceutical policy has been given up with free economy introduced to Sri Lanka. Even though numbers of regulatory bodies have been introduced by several governments after 1977, there is a significant…show more content…
The proposed pharmacy caters to fulfill the health needs of the society. It is not only about curing the diseases but prevention also became important aspect today’s world. With the busy schedules people do not get enough time to attend on their health and take sufficient nutrients for healthier life. And the quality of foods are available in the market do not provide the required nutrient and may consist of harmful elements such as heavy metals. As a result there is emerging trend of food supplements to maintain the balance the nutrient level of the body. However required medicines, food supplements and other healthcare products cannot be acquired from general grocery shops of supermarkets. Therefore people have to visit accredited pharmacies and wait in queues to collect their healthcare…show more content…
The national pharmaceutical policy introduced by Professor Senaka Bibile in 1970 has made a huge impact on the industry and the society. However the policy was taken back with the pressure of multinational pharmaceutical manufacturers and free economy introduced by later governments. Therefore there is a significant gap in quality and price of the healthcare products which are delivered to the customers. Sri Lanka still operates free healthcare policy with the support of number of government owned healthcare institutions. But the contribution of the private sector is rapidly increasing with the demand for convenience and the limitations of government healthcare facilities. The country’s situation and the incorrect food pattern of the society led to gap in healthy needs of people. But it is important to concern about the convenience, price , quality and reliability of product when catering to the healthcare needs. The entrepreneur has identified the opportunity of establishing a pharmacy with online ordering and home delivery solutions. This project delivers its benefits to society , entrepreneur and all other stakeholders who are engaged in terms of financial, healthcare and wellbeing

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