NanoAlvand Co. was founded in 2011 as a knowledge-based pharmaceutical company in the “pharmaceutical incubation center” of Tehran University of Medical Sciences. NanoAlvand Co. takes advantage of a professional leadership team and is dedicated to develop novel drug delivery systems with the most advanced technologies in Iranian market. After the initial steps of manufacturing site design and approval of the related regulatory agencies, NanoAlvand Co. was entered into a new phase in development and manufacturing of these high-tech products in 2012.