On 24th July 1788 the first chemical factory in Germany was founded in Marktredwitz as CFM (Chemische Fabrik Marktredwitz www.cfmot.de). Some 100 years later in 1890 the Tropitzsch brothers acquired the company and intensified research and development in particular in the field of Mercury derivatives. Today another more than 100 years later the portfolio is a wide range from reagents for analytics, biotechnology to specialities and pharmaceutical intermediates. IRIS Biotech was established in 2001 as an offspring in order to strengthen the position in the Peptide and Life Science market.