Sri Lanka, March 25 -- A sharp increase in medicine prices in the local market could be inevitable due to the ongoing Middle East crisis, foreign exchange shortages, fuel price hikes, and the rising cost of goods and services, the Federation of Medical and Civil Rights Doctors' Trade Unions Chairman amd Specialist Dr. Chamal Sanjeewa, claimed.

Speaking on the current situation, Dr. Sanjeewa said there is a serious risk that the prices of medicines may increase significantly in the near future, as drug importers and local manufacturers have already begun paying attention to revising prices in line with rising costs.

He warned that any increase in medicine prices under the present economic conditions would place an unbearable burden on th...