The story of İbrahim Etem Ulagay İlaç Sanayii Türk A.Ş., which started in a small laboratory a hundred ago, tells us how the Turkish Pharmaceutical Market industrialized.
İbrahim Etem Ulagay İlaç Sanayi was founded in 1903 as a small medical analysis laboratory. In the beginning medical, chemical and food analysis were conducted in this laboratory located at Gedikpaşa under the name of “Chemist Doctor İbrahim Etem Laboratory”. In 1909 it became a pharmaceutical manufacturer company with the first vitamins and hormon preparates in Turkey. Then it continued as an innovative company, introducing new scientific methodology and products to the pharmaceutical sector.
1924, the name of the laboratory was changed to “Doctor İbrahim Etem Chemistry House” and the production site moved to Çemberlitaş
1934, tablets, ampules, syrup and some veterinary medicine were mass produced in the laboratory at Çemberlitaş.
1948, A biological control laboratory was established as a new methodological approach into the company. New studies were performed according to the principle "control is essential in production".
As an outcome of the studies by new methodology, the company achieved the stabilization and depyrogenisation of calcium solvent for the first time in Turkey in 1950.
1955, IE Ulagay became the first local company to produce antibiotics in the factory built in Topkapı with know-how transferred from the U.S.A.
2001, The majority of the IE Ulagay shares have been purchased by the Menarini Group which is the first Italian pharmaceutical company and one of the most prominent pharmaceutical group worldwide.
İbrahim Etem Ulagay İlaç Sanayii and Menarini Group have similar backgrounds in different geographical locations; they passed through the same stages, they were subject to the same historical, social and economical developments and against such developments they took similar decisions with a similar culture, mission and philosophy.
