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PC Pharma, the pharmaceuticals arm of PCH Holdings, announced their appointment as the sole agents of Akums Drugs and Pharmaceuticals, an internationally recognised contract manufacturing pharmaceutical company from India. Under this arrangement, PC Pharma has initially launched ten of Akums’ products.
Commenting on the partnership, Akums spokesperson said “Having been present in this market for many years, we have worked with PC Pharma in different capacities in the past. Taking them on board as our sole agent will help us with our aggressive expansion plans for the country. Leveraging on our vast array of products and PC Pharma’s local expertise and network presence, we look forward to providing Sri Lankan consumers with quality medications at competitive prices.”
Trusted by pharmaceutical giants from around the world, Akums’ state-of-the-art manufacturing facilities produce a variety of medicinal and other health-related products in almost all dosage forms. The company’s formulation development department has developed number of innovative, technology driven dosage forms such as tablet in a tablet, tablets in capsule, instant and sustained release products and many more. Going beyond manufacturing drugs, the company is also known for its drug testing capabilities.
“Having dedicated itself to innovation in pharmaceuticals formulations, Akums has always been committed to improving the quality of human life. Sharing the same virtues, this partnership will be an extension of our promise of bringing the best products from around the world to Sri Lankan shores,” said PC Pharma Chief Executive Officer Dilshad Ikram. “Given Akums’ scale of operations and tech prowess, we will now be able to provide Sri Lankan consumers with high quality drugs at competitive prices. This will go a long way in helping especially those who require life-long medication as some of our products are sold at the lowest prices in the market.”
PC Pharma has gained rapid recognition within the local market, since the company’s inception, becoming the first local pharmaceutical importer to obtain the ISO 9001:2008 certifications. Being a listed company on the Dirisavi Board of the Colombo Stock Exchange, PC Pharma markets a wide range of pharmaceuticals including medicine and medical equipment and supplementary herbal products. Meanwhile, the company has plans to expand its product portfolio, with a focus on neutroceuticals in the coming year.