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A pharmacy in Male. (Atoll Times File Photo)

Maldives establishes state-owned firm for medicine imports

The company’s mandate includes bulk purchasing, importing medical drugs, consumables and equipment, and ensuring their delivery to different regions.

9 September 2025

The government has established a new company to manage the import and distribution of medicines and medical equipment across the Maldives.

According to the President’s Office, the company — named State Pharmaceutical and Medical Supply Corporation Limited — has been formed under the powers granted to the President by the Companies Act. It will be wholly owned by the government.

The company’s mandate includes bulk purchasing, importing medical drugs, consumables and equipment, and ensuring their delivery to different parts of the country.

The announcement comes shortly after the government launched a prescription glasses service at Indira Gandhi Memorial Hospital (IGMH).

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