At the event, five locally manufactured drugs, namely Pacidol (Paracetamol), Diclofenac Sodium, Metformin, Losartan Potassium and Clarithromycin were also launched and were presented to Minister of Health - Rajitha Senaratne by the SPMC chairman - Dr. Sayura Samarasundara.

Speaking at the event, Dr. Sayura Samarasundara said that a rebranding was necessary to give a facelift to the SPMC to put its' products in the same par as internationally manufactured drugs, especially in the minds of the public.

Addressing the gathering, minister of Health - Rajitha Senaratne said that this was another stepping stone towards the vision of Dr. Senaka Bibile, becoming a reality.

He also announced that the first quality lab in Sri Lanka will be opened soon.

Delivering the keynote speech, chairman of the Indian pharmaceutical giant - ACG Worldwide - Dr. Ajit Singh said that companies should not fear price controls imposed by the government. "The government means well. We have to get our products to the masses." Lower priced products would mean more market growth. That's been our real experience in India, he added.