The growth of privately-held Swiss drugmaker Ferring Pharmaceuticals in the US market has been nothing short of remarkable.
Over the last decade, double-digit US sales rises in many years has led to the total revenue from this market more than doubling, making it the largest contributor of any region to Ferring’s earnings, which reached $2.4 billion globally in 2017.
The Pharma Letter asked Paul Navarre, chief executive of its US operations, why he thought the company had achieved a rate of growth that outpaced so many others in the industry in this period. His answers reflect not just the ambition and ability to deliver of Ferring over a long period, but also an approach to leadership that strives to make a major difference in healthcare.
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