ITALFARMACO
The
Italfarmaco Group was founded in Milan, where Italfarmaco S.p.A. was founded in 1938.
It was
one of the few Italian companies created exclusively with Italian capital. The
first years of the company's existence coincided with the beginning of the
Second World War, which was a very
difficult test.
But
already in 1942, "Italfarmaco" launched two product names on the
market, which immediately brought the company to a high level both in terms of
turnover and quality. These names were “Glyceroovalerovit” and “Calcium with
Ascorbic Acid”. Since that moment, Italfarmaco has been supplying patented
drugs to the market and pays great attention
to clinical research.
In 1975,
the Company began an ambitious project to expand its scope of activities. Along
with the production of strategic raw materials, the merger of functionally
related enterprises began, mergers and acquisitions of companies engaged in
chemical production both inside Italy and outside Italy were carried out. In
1983, Italfarmaco merged with such large Italian companies as Kemi S.p.A and
Layffarma, which until then was mainly engaged in foreign markets.
Further,
in 1985, the Spanish Pharmaceutical Institute (LPB Instituto Farmacéutico SpA)
was acquired as a joint research center for Italfarmaco and Sandoz Italia. This
research center focuses on the study of metabolic processes in bone tissue.
While the company was reaching the level of proper competitiveness in the
Italian market in the field of immunology, angiology and cardiology, active
investment activities were launched both within Italy and abroad.
Registration
of such original medicines as "Iron Protein - succinylate",
"Glycerophosphocholine" and "Low molecular weight heparin"
in the main countries of the European Union (at that time the EEC), namely:
Germany, France and Spain.
In 1989,
the Italfarmaco Group of Companies included the Zilliken S.p.A firm, founded in
Geneva in 1919, as a manufacturer and distributor of patented products under
licenses of German companies. This acquisition made it possible to
significantly expand the list of drugs produced by Italfarmaco.
In June
1991, the company Italfarmaco S.A. was founded in Spain. (Italfarmaco, S.A.).
This is the result of many years of effort to implement a project to structure
production processes. The Spanish plant was created for the production of
liquid dosage forms, while the Italian plant was dedicated to the production of
solid forms. "Italfarmako S.A." consolidated the company's presence
in the Spanish market, focusing on drugs for the fight against respiratory,
cardiovascular and gynecological diseases.
Later,
the company began to position itself as a manufacturer of dermatological,
oncological, neurological and pediatric products. The Italfarmaco Group
continued to grow and develop in other countries: a new company, ITF Chemicals
Ltda, was opened in Brazil, and subsidiaries were established in Greece,
Russia, the USA, Chile, Portugal and France.
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