Ferring Pharmaceuticals is a pharmaceutical company that specializes on the development and marketing of peptides for use in humanmedicine. It was founded by Frederik Paulsen in Malmö, Sweden, in 1950 initially as the Nordiska Hormon Laboratoriet, renamed Ferring in 1954. A ferring in Frisian is a person from the island Föhr off the western coast of Germany. Mr. Paulsen's family originates from that island.