Ferring Sees Financial Success with Bladder Cancer Gene Therapy, Announces Plans for New Manufacturing Facility

URLhttps://www.pharmexec.com/view/ferring-financial-s
SourcePharmexec.com
Date Published04/25/2025
Author NameMike Hollan

Additional Reshoring Information:

Company/Division name Ferring Pharmaceuticals
Parent companyFerring Pharmaceuticals
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2025
Country(ies) from which reshored:Switzerland
City reshored to:Parsippany
State(s) reshored to:NJ
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredpharma
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Higher productivity, Lead time/Time to market, Proximity to customers/market
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