Ferring director's close ties to Russia Since 2009 until 2022, Frederik Paulsen was the honorary consul of Russia in
Lausanne, Switzerland and is reported to have a privileged relationship with the country and its president, Vladimir Putin. According to an article published by Swiss newspaper,
Le Temps, Frederik Paulsen accompanied on several occasions Swiss politicians to Russia such as
Pascal Couchepin, Isabelle Chassot, François Longchamp,
Géraldine Savary and
Pascal Broulis. The nature of these visits has been the object of criticism and interrogations by Swiss judicial authorities, who have launched investigations on Pascal Broulis and Géraldine Savary. The magistrate wished to clear if these trips were perceived as a bribe in return for fiscal arrangements for Frederik Paulsen and his company, Ferring Pharmaceuticals. The year before, on 21 February 2008, Russian president Vladimir Putin awarded Frederik Paulsen with the Order of Friendship. Three other expedition members of
Arktika 2007 were also awarded titles at the occasion. During the expedition, a
Russian flag was planted on the ocean floor of the
North Pole, which sparked up controversy.
Legal procedures against Ferring In the past, Ferring has been accused of disclosing misleading information about several of its products (Desmopressin, Glypressin) at the benefit of consumers. Pentasa ad in UK journal failed to comply with publication regulations. In July 2020, the Medicines and Healthcare products Regulatory Agency, based in the
United Kingdom, drew attention to the fact that Ferring Pharmaceuticals is recalling all Desmopressin nasal sprays. In 2016, a class action was filled against Ferring Pharmaceuticals regarding the Bravelle product. One year earlier, the company recalled Bravelle products after tests revealed that the drug was not as effective as declared, therefore exposing women to serious health risks. Ferring Pharmaceuticals is currently engaged in a legal battle opposing it to Professor Claudio de Simone. In the early 1990s, Professor Claudio de Simone invented a probiotic formulation fighting against intestinal disorders. The "De Simone formula" was the subject of several clinical tests, attesting of its efficiency to treat certain diseases. The pharmaceutical company distributed the formula under the name VSL#3. A few years after the end of the agreement between the two parties, Ferring Pharmaceuticals continued to distribute a product referred to as "VSL#3" in several countries, containing a modified formula. ==Products==