Vallibel One’s Delmege Group celebrated World Children’s Day 2025 at Veluwana College, donating educational materials, sports equipment and refreshments and running a special eye clinic for nearly 600 students.
Healthcare & Pharma
Company filings and market news from across Sri Lanka's stock market.
Vallibel One’s Delmege Group celebrated World Children’s Day 2025 at Veluwana College, donating educational materials, sports equipment and refreshments and running a special eye clinic for nearly 600 students.
Union Assurance (UAL.N0000) retained a place in Brand Finance's Top 50 Most Valuable Brands in Sri Lanka 2025. The company emphasized its digital transformation initiatives and its Suwamaga CSR diabetes program, which provided free testing to over 22,000 people (Sep 2024–Aug 2025).
Body Doc Fitness & Wellness Pavilion marked its eighth anniversary, highlighting its growth into a 50,000 sq ft medically driven facility offering medical consultations, diagnostics, a pharmacy, nutrition programs and a range of fitness and lifestyle services.
At the National AI Expo & Conference 2025, Sri Lanka announced that every student will receive free access to Google's AI platforms (including Google Gemini) beginning mid-October; the government also unveiled a four-pillar AI strategy, regional AI hubs and a National Cyber Security Operation Centre.
Health Minister Nalinda Jayatissa visited LAUGFS Life Sciences’ state-of-the-art BOI Koggala facility as the company prepares Large Volume Parenteral (LVP) production using Euro Multiport and Form-Fill-Seal technologies. The project aims to reduce import dependence, support local healthcare supply and position Sri Lanka as a regional pharmaceutical manufacturing hub.
US State Department's 2025 Investment Climate Statement says stalled SOE privatisations—notably the Ceylon Electricity Board—rigid labour rules and limits on foreign participation are weighing on Sri Lanka’s investment outlook. It warns high costs and opaque procurement threaten the government's $5bn FDI target for 2025.
Digital Economy Deputy Minister Eng. Eranga Weeraratne unveiled Sri Lanka’s national AI vision at the National AI Expo 2025 and said the government will launch a dedicated startup funding program in January 2026 and a Defence Cybersecurity Operations Centre. He outlined a four-pillar strategy (human capital, innovation ecosystems, inclusivity, ethical/safe AI) to integrate AI across industries including healthcare and tourism.
Grand Leisure Care & Wellness Resort has opened in Negombo, offering resort-style retirement living with a 40% grand-opening discount. The facility provides 24/7 medical care, personalized wellness and rehabilitation services, and full-board packages starting at Rs. 110,000/month.
Vision Care supported Janadhipathi Balika Vidyalaya with hockey development, gifts and an eye-screening toolkit, and held a felicitation after the school's hockey team won the Girls' Gold Medal at the All-Island School Games.
Yaden Laboratories participated in Tecnosalud 2025 in Lima (10–12 Sep), showcasing its products and production capacity and pursuing export-oriented contract manufacturing opportunities in South America. Peru imports ~90% of medical devices and ~70% of pharmaceuticals, highlighting a large market for exporters.
Vision Care, in partnership with Kotelawala Defence University, renovated and handed over a fully equipped IT laboratory to Dharmaraja Vidyalaya and organised a free eye camp for students and teachers. The company also donated books to support the school's digital and reading resources.
The inaugural National AI Expo & Conference 2025, organised by the Digital Economy Ministry and SLT-Mobitel, will be held 29–30 Sept at Monarch Imperial, Colombo to showcase AI applications across sectors. The two-day event features 12+ sessions, 25+ speakers, exhibitors and partners including Huawei and Microsoft to promote AI adoption.
The Cabinet approved a revision of the National Policy on Senior Citizens (first introduced in 2006) to respond to demographic shifts, with those aged 60+ projected to reach 24.8% by 2052. The updated framework aims to strengthen protection, care and social inclusion for older Sri Lankans.
The Cabinet approved awarding a $3.98 million contract to India’s M.J. Biopharm Ltd to supply 2.2 million vials of Biphasic Isophane Insulin (Human) 30%/70% following international competitive bidding to ensure uninterrupted access to diabetes medicines.
Bill Gates pledged $912 million to the Global Fund's 2026–2028 replenishment and urged governments to restore or increase health aid to save millions of children's lives by 2045. In Sri Lanka, nonprofit Connect to Care is working with the government and the Gates Foundation to align national priorities with global health initiatives.
AIA Sri Lanka has onboarded over 200 customers into its AIA Exclusive programme, expanding its premium personalised insurance and investment offering. The programme includes dedicated CRMs, annual medical packages, priority telemedicine, hospital privileges and coordinated international in-patient care.
Sri Lanka will invite investors to revive caustic soda and chlorine production at state-owned Paranthan Chemicals under a PPP after Cabinet approval. The move aims to cut chlorine imports for water treatment and is expected to create about 95 direct and 2,000 indirect jobs.
The National Chamber of Commerce of Sri Lanka will host a 31-member All India Chamber of Commerce & Industries delegation for B2B meetings on 26 Sep to explore trade and investment partnerships. Delegates represent sectors including agro-commodities, construction, packaging, renewable energy, healthcare, logistics, IT and food products.
India’s government cut GST rates — staples, life and medical insurance and some medicines are now tax-free, GST on small cars, TVs and air conditioners falls from 28% to 18%, and many goods move to 5%. The measures aim to boost household consumption and help consumer goods and automakers but may cost about $5.4bn in revenue, potentially forcing cuts to infrastructure spending.
Sri Lanka Insurance Corporation General (SLICGI) was ranked No. 1 General Insurance Brand in Brand Finance Sri Lanka 100 Most Valuable Brands 2025. In 2024 it reported Rs.25 billion in premium income, after-tax profit of Rs.3.2 billion, paid Rs.10.5 billion in claims, holds a Fitch A+ rating and has introduced digital claim inspections.
Sunshine Holdings' CSR arm opened its 23rd RO water treatment plant at Helambawatawana, Chilaw, supplying safe water to over 1,300 students and more than 2,000 villagers. The Diyasarana initiative has now reached over 35,000 people with plants processing 5,000–10,000 litres daily.
DIMO (Diesel & Motor Engineering PLC) ran DIMO Care Camp (Jul 30–Aug 11, 2025) and Mahindra Tractor Service Camps (Aug 7–31, 2025), providing tractor inspections, servicing, spare parts and health clinics across multiple districts ahead of the Maha season.
The Gates Foundation’s 'Goalkeepers 2025' event returns to New York today during the UN General Assembly, focusing on reversing slipping progress in child health and preventing millions of under-5 deaths under the theme 'We Can't Stop at Almost.'
Siddhalepa held its Golden Night 2025 at the Monarch Imperial, honouring employees and awarding provincial and all‑island top performers (Platinum, Gold/Silver/Bronze) alongside long‑service awards and raffle prizes including travel and jewellery.
Government gazetted the 2026 Appropriation Bill, capping outstanding borrowing at Rs. 3.8 trillion and setting total expenditure at Rs. 4.54 trillion. Major allocations include Finance Rs. 634.8bn, Health Rs. 555bn, Defence Rs. 455bn and Education Rs. 301bn; Budget speech on 7 Nov.
Government held pre-Budget talks with pharmaceutical, veterinary, Ayurvedic and cosmetic manufacturers at the Presidential Secretariat; industry presented proposals and the government said it will consider them and may introduce new laws to ensure product quality and standardisation.
Sri Lanka's 2026 Appropriation Bill sets a government borrowing limit of Rs3,800 billion and allocates Rs2,693.5 billion for current spending and Rs1,852 billion for capital expenditure; figures include roll-overs and differ from the formal budget presentation. The bill raises Army current spending to Rs225 billion and assigns the Ministry of Health Rs196 billion (operational) and Rs217 billion (development).