Sunshine Holdings healthcare arm woos IFC to take up 14 7% stake for Rs 3 27 b ft.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ft.lk Daily Mail and Mail on Sunday newspapers.
Lina Spiro begins operations as Sri Lanka’s first Metered-Dose Inhaler manufacturing plant
January, 26, 2021
Subsidiary of Sunshine Healthcare Lanka, the first fully-integrated local healthcare company in Sri Lanka
Sunshine Healthcare Lanka (SHL), the healthcare arm of the diversified conglomerate Sunshine Holdings PLC (CSE: SUN), officially commenced the operations of its subsidiary, Lina Spiro (Pvt) Ltd, Sri Lanka’s first Metered-Dose Inhaler (MDI) manufacturing plant in Kadawatha today. The State Minister of Production, Supply and Regulation of Pharmaceuticals, Prof. Channa Jayasumana ceremoniously declared open the facility in the presence of senior officials from Sunshine Holdings, Akbar Brothers, National Medicines Regulatory Authority (NMRA), State Pharmaceutical Corporation (SPC), Medical Supplies Division (MSD), State Pharmaceutical Manufacturing Corporation (SPMC) and other public and private healthcare institutions.
Akbar Brothers acquires 28% of the combined healthcare business
Diversified conglomerate Sunshine Holdings PLC last weeek announced the merger of their healthcare business consisting of Sunshine Healthcare Lanka and Healthguard Pharmacy with the healthcare arm of Akbar Brothers comprising Akbar Pharmaceuticals, Lina Manufacturing and Lina Spiro.
“The strategic merger will create Sri Lanka’s first fully integrated healthcare company starting from manufacturing up to retailing of healthcare products, including last-mile distribution across the country for all healthcare products,” a news release on the merger said.
“The company will be operating in all five segments of the healthcare supply chain, namely R&D, manufacturing, importation, distribution and retail.”
Sunshine Holdings and Akbar Brothers merge healthcare businesses to create Sri Lanka’s first fully integrated healthcare company
December, 17, 2020
Akbar Brothers acquires 28% of the combined healthcare business
Sri Lanka’s diversified conglomerate Sunshine Holdings PLC today announced the merger of their healthcare business consisting of Sunshine Healthcare Lanka and Healthguard Pharmacy with the healthcare arm of Akbar Brothers. It consists of Akbar Pharmaceuticals, Lina Manufacturing and Lina Spiro.
The strategic merger will create Sri Lanka’s first fully integrated healthcare company starting from manufacturing up to retailing of healthcare products, including last-mile distribution across the country for all healthcare products. The company will be operating in all five segments of the healthcare supply chain, namely R&D, manufacturing, importation, distribution and retail.
Sunshine Holdings and Akbar Brothers merge healthcare biz ft.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ft.lk Daily Mail and Mail on Sunday newspapers.