Our history dates back to 1954, when the German Hoechst AG established its Turkish subsidiary as one of the first
foreign investments in our country. The company started its local manufacturing activities in 1956 in rented apartment
facilities in downtown Istanbul. Land was acquired in 1965 in the present site Topkapı with the construction of
pharmaceutical/chemical plant in the following year. Remodelling of the facilities was conducted between 1988 and 2000,
bringing the site in line with current good manufacturing standards, ready for the 21st century.
Meanwhile the parent company acquired in full the French company Roussel Uclaf (RU) and the U.S. company Marion Merrell
Dow (MMD) in 1996 and became Hoechst Marion Roussel. In December 1999 another transformation followed with the merger
of Hoechst Marion Roussel and Rhone Poulanc Rorer to form Aventis.
Aventis decided, in line with its global strategy, however, to basically rely on toll manufacturing activities.
In these outsourcing efforts and based on the manufacturing excellence demonstrated by the Turkish site, the role of
the MBO (Management Buyout) system was designated for Topkapi. The facilities have been renamed PharmaVision and
transferred over to managers of the site as of the end of 2002. The company, which has had a long history of
manufacturing in toll to various customers, has added Aventis to this list with a long-term agreement.
Chronology
