News
Cancer drug stores, a worse menace than cancer
A capsule by the name ‘α-Elostera’ marketed by Ceylon Green Ayurveda Company as a solution for cancer has sparked much controversy.
The capsule has been released to the market without formal clinical trials and had already been advertised as a cancer treatment ayurvedic capsule.
Noting that a team including Prof. Jayantha Rajapaksa and Professor Anura Jayasuriya of the Faculty of Veterinary Medicine at the Peradeniya University have discovered anticancer activity of bitter gourd seeds, the manufacturers have launched the α-Elostera capsules.
Also, touting the pill as an ayurvedic treatment has also been debated since the relevant research leans towards Western Medicine practices.
Also, we learnt that Prof. Jayasuriya who had done the extensive research in this regard, had not contributed to the manufacturing of these capsules.
It is reported that the capsules in question were first manufactured by Prof. Rajapaksa and Dakshitha Thilanga Sumathipala – a businessman with no knowledge of medicine.
The Ceylon Green Cancer Wellness Center located near the Apeksha Hospital, which is also operated by Dakshitha, has been selling 60 capsules at Rs. 30,0000.
According to the company, this is the monthly required amount for a patient.
Speaking, an employee of his Centre had spoke of the capsule as follows :
Jayantha and Dakshitha go separate ways
Meanwhile, we were able to reveal that Professor Rajapaksa and Dakshitha are currently operating businesses separately owing to a business-related dispute.
While the capsules are being sold at Dakshitha’s Wellness Centre for Rs.30,000, Professor Rajapaksa sells them for Rs.7,000 as a food supplement.
Although the manufacturers have spread the myth that the body directly absorbs fatty acid from bitter gourd seeds, Prof. Jayasuriya said that it was false.
He said that this fatty acid breaks down into other components in the small intestine and kidneys.
When we inquired about this from Professor Jayasuriya, this is what he had to say.
Based on the facts revealed by the professor, a businessman manufacturing capsules based on the tests done at the Peradeniya University without the approval of the university, has become an issue.
In the meantime, we will publish inquiries and findings in this regard, done with several responsible institutions including the National Medicines Regulatory Authority (NMRA).
BIZ
Adani denies cancellation of power purchase deal with SL
India’s Adani Group has denied the cancellation of its $440 million power purchase deal with Sri Lanka, terming the reports as “false and misleading”.
The media statement notes that “the Sri Lankan Cabinet’s decision of 2 Jan 2025 to reevaluate the tariff approved in May 2024 is part of a standard review process, particularly with a new government, to ensure that the terms align with their current priorities and energy policies.”
“Adani remains committed to investing $1 billion in Sri Lanka’s green energy sector, driving renewable energy and economic growth,” it adds.
The media statement comes after the AFP reported that the new Sri Lankan government has revoked a power purchase agreement with Indian conglomerate Adani Group following allegations of corruption.
The deal had initially approved to purchase electricity at US$0.0826 per kilowatt hour from the proposed Adani wind power plant, which is to be built in the Northern region of Sri Lanka.
Several activists had challenged the agreement, arguing that smaller renewable projects were selling electricity at two-thirds the price of Adani, the AFP had further reported.
In addition, the project is also facing separate environmental concerns.
While President Dissanayake’s cabinet has revoked the 20-year deal power purchase deal signed in May 2024, it has not cancelled the project and has appointed a committee to review the project, the AFP reported, citing an official document and an energy ministry official.
News
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Adani denies cancellation of power purchase deal with SL
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