Reaction of Pharmaceutical Companies
The first response from the multi-national corporations came in May 1973. Executives of the major pharmaceutical companies in the United States met Sri Lanka's ambassador in Washington, D.C. and handed him a letter addressed to the Prime Minister of Sri Lanka from the President of the Pharmaceutical Manufacturer's Association (PMA) of the US. The letter concluded with a statement that the PMA believed that the proposed actions would have most serious effects not only on the pharmaceutical industry and on all private industry in Sri Lanka but potentially for the health of its citizens.
The International Federation of Pharmaceutical Manufacturers Associations (IFPMA) issued a statement to UNCTAD strongly criticising the UNCTAD report on the Sri Lankan pharmaceutical policies.
Read more about this topic: Sri Lanka National Pharmaceuticals Policy
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