Ferring Pharmaceuticals
 | |
Formerly called | Nordiska Hormon Laboratoriet |
|---|---|
| Private limited company | |
| Traded as | not traded |
| Industry | Pharmaceuticals |
| Founded | 1950 |
| Headquarters | Saint Prex, Switzerland |
Area served | Worldwide |
Key people |
|
| Products | See below |
Number of employees | 5,000 |
| Subsidiaries |
www |
| Website |
www |
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.
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 and chief executive officer (CEO) was in 2014 Frederik Paulsen Jr, son of founder Frederik Paulsen Sr.[1] In 2015, Pascal Danglas and Per Falk took the posts of chief medical officer (CMO) and chief science officer (CSO), respectively.[4]
Products
- Triptorelin, which Ferring markets as Gonapeptyl
- Degarelix, a prostate cancer gonadotrophin-releasing hormone blocker therapy[2]
- Minirin for bedwetting in children and nocturia in adults;[1]
- Firmagon for advanced hormone-dependent prostate cancer;[1]
- Testim for treating men suffering from low testosterone;[1]
- Menopur and Bravelle ovarian-stimulating treatments used in the preparation for in-vitro fertilization;[1]
- Tractozile to treat premature labor;[1]
- Zomacton, a recombinant human growth hormone used to treat growth failure in children;[1]
- Pentasa for the treatment of inflammatory bowel disease[1]
See also
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 businessweek.com: "Pharmaceuticals Company Overview of Ferring Holding SA", retrieved 26 May 2014
- ↑ 2.0 2.1 businessweek.com: "Pharmaceuticals - Company Overview of Ferring B.V.", retrieved 26 May 2014
- ↑ businessweek.com: "Pharmaceuticals - Company Overview of Ferring Pharmaceuticals, Inc.", retrieved 26 May 2014
- ↑ "People". Genetic Engineering & Biotechnology News 35 (5). 1 March 2015. p. 37.
External links
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