State Pharmaceuticals Corporation of Sri Lanka
The late Professor Senaka Bibile (second from left) with
colleagues from USA
The State Pharmaceuticals Corporation was established in 1971 under the State Industrial Corporations Act Number 49 of 1957.
This far-sighted decision was the result of the Bibile - Wickramasinghe Report (March 1971) on an assignment given to them by the then Prime Minister, Hon Sirimavo Bandaranaike.
Going by the ideals of its founding father Professor Senaka Bibile, the State Pharmaceuticals Corporation (SPC) has at all times striven to provide quality assured drugs at prices that are among the lowest in the world.
For the past 28 years SPC has been the sole supplier of pharmaceuticals, surgical consumable items, laboratory chemicals and equipment to all institutions administered by the health ministry.
In 1977 with the advent of the open economy SPC was called upon to compete with the private sector. Even though the monopoly status ceased, SPC continued to operate as a viable institution, continuing to hold about 30% of the private sector market share – which is the largest share for any single pharmaceutical firm. At present we supply about 2000 drugs covering a wide spectrum of pharmacological activity.
The well established island wide network of distribution ensures that our products reach every part of the country. SPC has 18 Rajya Osu Salas, 36 Franchise Osu Salas, 48 Distributors and 20 Authorized Retailers spread throughout the country.
Our retail outlets, The Rajya Osu Salas and Franchise Osu Salas maintain the highest standards in pharmacy and dispensing practice. The newly opened Quality Assurance Laboratory at the Head Office carries out the quality testing of all the pharmaceuticals, that we supply.
We are committed to health care in Sri Lanka and we will continue to serve the nation by providing quality assured health care products at affordable prices.
State Pharmaceuticals Corporation of Sri Lanka (Head Office), No.75, Sir Baron Jayathilake Mawatha, Colombo 01,