In the 2008–09 season, the team was taken over by Stevan Karadžić who led them to the semifinals in all competitions – Radivoj Korać Cup, Basketball League of Serbia, ABA League and Eurocup. Reaching the Eurocup Final Eight in Turin was a great success for Serbian basketball, especially as Hemofarm had the youngest team in the whole competition. In the first match of the tournament in Italy the "Pharmacists" have made another surprise, defeating favored Dynamo Moscow, but are uncertain in the semifinals in a precarious lost to Lietuvos rytas, which went on to win the competition.