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Ferring Pharmaceuticals to Lay Off 79 Employees in Parsippany

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PARSIPPANY – Ferring Pharmaceuticals Inc., of Saint-Prex, Switzerland, and Parsippany, will potentially be laying off 79 employees, the result of shutting down the Ferring Research Institute.

A WARN notice filed with the New Jersey Department of Labor states that 79 employees in Parsippany will be affected, with layoffs in March 2024.

Ferring is located at  100 Interpace Parkway.

Ferring Pharmaceuticals, in Parsippany, is the hub of our U.S. operations, including an on-site manufacturing facility. We’ve invested nearly $160 million in the creation of our U.S. headquarters. This state-of-the-art facility brings together clinical development, product supply, and commercialization groups all under one roof. The complex sits on a 25-acre site and employs approximately 500 people in manufacturing, commercial operations, clinical development, management, and administration. It’s where our people share ideas to ultimately develop, manufacture, and market new therapies to help people build families, stay healthy, and fight disease.

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Frank Cahill
Frank Cahillhttps://www.frankcahill.com
Publisher of Parsippany Focus since 1989 and Morris Focus since January 1, 2019, both covering a wide range of events. Mr. Cahill serves as the Executive Board Member of the Parsippany Area Chamber of Commerce, Lt. Governor of Division 9 Kiwanis Club of NJ, and Chairman of the Parsippany-Troy Hills Economic Development Advisory Board. Owner of the Morris now app serving small business in Morris County.
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