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Ferrosan A/S Company Profile

08:34 EDT 21st September 2018 | BioPortfolio

As a consequence of a re-evaluation of the parent company's strategies, Novo Nordisk decided at the end of 1994 to focus on its core activities - diabetes care and hormone replacement therapy. Other activities, among these being Ferrosan, were put up for sale. 1995Management buy-out In November 1995, Ferrosan changed ownership through a management buy-out. Ferrosan A/S was taken over by the Ferrosan Holding A/S holding company. This company had two shareholders, Idosan A/S and Novo Nordisk A/S, with 70% and 30% of the share capital respectively. In 1998, Ferrosan A/S and Ferrosan Holding A/S were merged. 1998Important re-authorisations obtained Ferrosan succeeded in obtaining four re-authorisations: Re-authorisation for production and distribution of drugs; re-authorisation for production of food products; environment authorisation for the production of drugs and vitamins; and CE - European standard authorisation for the production of Spongostan® (a medical device / haemostatic sponge, which is used in surgery in order to enhance coagulation). 1999Approved by FDA Ferrosan received the FDA approval of the manufacturing site for medical devices leading up to the launch of Surgifoam® (haemostaces) through Ethicon (Johnson & Johnson) in the USA. Ferrosan also entered into a strategic alliance with Pharmacia Corporation and acquired a herbal medicine company, Biona A/S.

Location

Sydmarken 5
São Paulo
2860
Denmark

Contact

Phone: 45 3969 2111
Fax: 45 3969 6518
Email: info@ferrosan.com


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Ferrosan A/S

As a consequence of a re-evaluation of the parent company's strategies, Novo Nordisk decided at the end of 1994 to focus on its core activities - diabetes care and hormone replacement therapy. Other a...

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