Zydus Lifesciences and Sunshine Healthcare have announced a joint venture to establish a pharmaceutical manufacturing facility in Sri Lanka.
- Manufacturing Facility: The joint venture will develop a pharmaceutical manufacturing facility at the Board of Investment zone in Horana to produce pharmaceutical products for Sri Lanka’s retail market.
- Operational Scope: The partnership combines Zydus Lifesciences’ pharmaceutical manufacturing expertise with Sunshine Healthcare’s local market presence and healthcare distribution capabilities.
- Project Objective: The venture aims to strengthen local pharmaceutical manufacturing capacity, reduce reliance on imports and improve the availability of medicines in Sri Lanka.
This summary is based on a news report published by BioSpectrum Asia.
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