Friday, June 20, 2014

Ferring Pharmaceuticals Strengthens Philippine Presence

In an industry as competitive, challenging and risky as the pharmaceutical business, Ferring Pharmaceuticals distinguishes itself from the rest by putting people ahead of profit.

Established against the backdrop of the Second World War, Dr Frederik Paulsen, fled from Germany as a student, eventually arriving in Sweden where he established Nordiska Hormon Laboratoriet in 1950. The company would later be known as Ferring with Dr Paulsen and wife Eva becoming the first scientists to synthesize peptides by producing adrenocorticotrophin hormone (ACTH), or stress hormone.

As a private, research-driven specialty biopharmaceutical company Ferring is committed to building a portfolio of novel, innovative peptide therapeutics to address areas of high unmet medical need. The World Health Organization estimates that there are about 60 to 80 million cases of infertility around the world.


Now, Filipino couples who are having problems conceiving children need not go abroad, or spend more on acquiring Ferring’s products as the Company opened its Philippine offices at the Ecotower building, Bonifacio Global City, Taguig.


The formal inauguration was graced by Michel Pettigrew, President and Chief Executive Officer who flew all the way from Switzerland together with other esteemed Ferring executives Ralph Diehl, trusted Consultant, Alex Chang, Senior Vice President for Asia Pacific, BingMei Hao, Regional Finance Controller, Jareen Yao, Associate Director of Business Excellence, and Ming Yip, Regional Senior Director for South East Asia.


They were formally welcomed by Ferring Philippines General Manager, Ms. Jane Villablanca together with industry partners and key opinion leaders from the various specialty medical societies.

The company’s philosophy is ‘People come first at Ferring’. “We live it every day of the week,” said Pettigrew. “We have a respect for all stakeholders – whether the patients, to ensure they get the care they deserve; the medical community or our employees. We expect our employees to take on a lot of responsibility – it’s a great place to work.”

It has been more than six decades, yet that same passion of Dr. Paulsen continues, as Ferring Pharmaceuticals proudly carries on a culture of enterprise driven by science, not profit..


“We’re privately owned by one man who has a strong belief that science must advance,” shared Pettigrew, his father’s vision still guides the company’s business today, and science remains at the heart of what it accomplishes.

For more information about Ferring, visit  www.ferring.com


 

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