Caspian Tamin Pharmaceutical Company (Caspian Tamin) , formerly known as Iran Pharmaceutical Development and Investment Co.(IPDIC), was established in 1983 as a private joint stock company.
Caspian Tamin plant, headquartered in Tehran, is located in Guilan, northern Iranian province as an affiliate of the Tamin Pharmaceutical Investment Co. (TPICO)- Iran's leading pharmaceutical holding company.

It was initially founded to invest in various pharmaceutical and foodstuff businesses. Upon the decision of the mother company to establish a pharmaceutical manufacturing plant, the project started with setting up a factory on a 150,000 square meter plot with a 40,000 square meter total building area and became fully operational with the most sophisticated and modern machinery and laboratory equipment, having helped the whole process to meet GMP requirements and WHO regulations.