Buzz Bee Toys was formed in 2000 as its own toy company, based in Tsim Sha Tsui, Kowloon, Hong Kong. Buzz Bee Toys markets products for an international audience; some of their toys, such as the Derringer, are only available in certain countries. The company's roots date back to when some of the executives at the company were initially working at Larami before it was shut down by Hasbro.[citation needed] After this, the executives went on their own and formed Buzz Bee Toys. This is why certain patents were able to be used by Buzz Bee Toys for so long without trouble.