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Ferring Pharmaceuticals

Ferring Holding SA
Formerly called
Nordiska Hormon Laboratoriet
Private limited company
Traded as not traded
Industry Pharmaceuticals
Founded 1950 (1950)
Headquarters Saint Prex, Switzerland
Area served
Worldwide
Key people
  • Frederik Paulsen Jr (Executive Chairman)
  • Michel L. Pettigrew (COO)
  • Pascal Danglas (CMO)
  • Per Falk (CSO)
Products See below
Number of employees
5,000
Subsidiaries .com.ferringusawww, et al.
Website .com.ferringwww
Ferring Pharmaceuticals, Global Headquarters in St-Prex, Switzerland.

Ferring Holding SA, better known as Ferring Pharmaceuticals, is a multinational pharmaceutical company that specializes in the development and marketing of drugs for use in human medicine.

Contents

  • History 1
  • Corporate governance 2
  • Products 3
  • See also 4
  • References 5
  • External links 6

History

The company was founded by Frederik Paulsen Sr in Malmö, Sweden, in 1950, initially as the Nordiska Hormon Laboratoriet, renamed Ferring in 1954. A ferring in Frisian is a person from the island Föhr off the western coast of Germany. Mr. Paulsen's family originates from that island.

The first major breakthrough was the synthetic production of oxytocin and vasopressin in 1961. With further growth and expansion, the headquarters moved to Copenhagen, Denmark, and subsequently to Saint-Prex, Switzerland, where Ferring Holding SA is now located.[1] Dutch subsidiary Ferring B.V.[2] expanded to the US in 1980.[3] The company holds over 5,000 employees with manufacturing facilities in Europe, South America, China and has built two new facilities in the US and in India. Products are used in reproductive health, gastroenterology, urology, orthopaedics and endocrinology.

Ferring established a research group at the Ferring Research Institute in San Diego, CA (USA) in 1996. Ferring assembled a peptide research group that collaborates with academic scientists. The Ferring Research Institute moved to its new home in San Diego in February 2009 with the opening of a 38,000-square-foot facility in Sorrento Valley. The new facility houses expanded research laboratories for peptide medicinal chemistry, biochemistry, bioanalytical, and pharmacology.

In 2012, Ferring Pharmaceuticals funded the Ferring Research Infertility and Gynaecology Grant.

Corporate governance

Ferring's executive chairman is Frederik Paulsen Jr, son of founder Frederik Paulsen Sr. The chief operating officer (COO) of the company is Michel L. Pettigrew. [1] In 2015, Pascal Danglas and Per Falk took the posts of chief medical officer (CMO) and chief science officer (CSO), respectively.[4]

Products

See also

References

  1. ^ a b c d e f g h i businessweek.com: "Pharmaceuticals Company Overview of Ferring Holding SA", retrieved 26 May 2014
  2. ^ a b businessweek.com: "Pharmaceuticals - Company Overview of Ferring B.V.", retrieved 26 May 2014
  3. ^ businessweek.com: "Pharmaceuticals - Company Overview of Ferring Pharmaceuticals, Inc.", retrieved 26 May 2014
  4. ^ "People".  

External links

  • Ferring Global Website
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