Ferring bucks trend to invest in UK
This article was originally published in Scrip
Executive Summary
Swiss firm Ferring Pharmaceuticals has announced a significant investment in its UK operations with the purchase of a former stately home just outside London, near Heathrow Airport. The move represents a welcome fillip to UK pharma following Pfizer's decision to end operations in Sandwich, Kent. The sector was also hit by Shire's decision to relocate its headquarters to Ireland for tax purposes in 2008.