“Quality of products and standards of service are the decisive and game changing factors in the highly competitive pharmaceutical market in Sri Lanka”, stated Kanchana Ratwatte, Chairman of Sri Lanka Standards Institute (SLSI).
“Pharmaceutical companies need to adhere to professional and regulatory standards and that will, in return, translate into increase in revenues. The criticality of the pharmaceutical industry is extremely high and therefore it is important for pharmaceutical companies to focus more on meeting and maintaining standards,” Ratwatte further said.
He made these remarks at an event held at Renuka Hotel in Colombo, where the ISO 9001:2008 quality standard certification was ceremoniously presented to ABC Pharma Services Ltd., one of the first pharmaceutical companies to attain this standard. The event was graced by senior officials of the Sri Lanka Standards Institute, representatives of ABC Pharma partner companies, representatives of leading hospitals and retail outlets, and members of the Sri Lanka Chamber of Pharmaceutical Industry (SLCPI).
He commended this initiative by ABC Pharma, a fully Sri Lankan company in the pharmaceutical industry, who had achieved the criteria that comply with ISO 9001:2008 standards. “I, as the Chairman of the SLSI, appreciate ABC’s efforts and firmly believe that they will adhere to the ISO standards in all their endeavours in the future. SLSI will also work hand-in-hand with ABC Pharma to ensure that they meet the standards constantly and consistently,” the Chairman stated.
ABC Pharma Services is a leading importer and distributor of a wide range of pharmaceutical, healthcare and biotechnology products, received the ISO 9001/2008 certificate from Sri Lanka Standards Institute, becoming only the second Sri Lankan pharmaceutical company to win this prestigious quality certificate.