Ali Raif Bey established Ali Raif ve Şeriki.

	The Company entered into pharmaceuticals industry by Muzaffer Turhan

	First production with license started.

	The name of the company was amended as Ali Raif Pharmaceutical Inc. Co.

	Export and marketing of the final products such as Sensodyne, Dispril, and Gaviscon commenced.

	First generic product (Flubest tablet whose formula was developed by Ali Raif) was launched licensing.

	the investment of the company was completed and headquarters and production facilities moved to İkitelli Industrial Zone, İstanbul.

	Ali Raif Pharmaceutical started to use the new logo of Also in 2003, Ali Raif realized the first export to EU countries.

Based on the IMS data, among the first 30 pharmaceutical firms in Turkey; it has been the company with the highest prescription increase rate and the second company with respect to endorsement increase.