Empresas y finanzas

Ipsen: Appointment of Dominique Bridon, PhD as Vice President, Discovery



    Regulatory News:

    Ipsen (Paris:IPN) announced the appointment, of Dominique Bridon
    as Vice-President, Discovery of the Ipsen Group, effective today. He
    will report to Jacques-Pierre Moreau, Ipsen´s Executive Vice
    President, Chief Scientific Officer. Based in the research center of
    Ipsen in Boston, he will be have under his responsibility the drug
    discovery teams (medicinal chemistry, endocrinology and oncology
    research, pharmacogenomics and genetics) and also be responsible for
    overseeing external research partnerships and collaborations.

    Dominique Bridon, 49, is a graduate, from the Ecole Nationale
    Superieure de Chimie and joined the laboratory of Nobel Laureate Sir
    Derek Barton at Institut de Chimie des Substances Naturelles at Gif
    sur Yvette (France) where he was awarded a Doctorate in Science. For
    his post doctoral studies in organic chemistry, he moved to the
    University of California Berkeley with Pr. William Dauben.

    His professional career started in 1989 at Abbott Laboratories
    within the Diagnostics Division; he was also associated with
    Bioinformatic Venture and Peptide Engineering. In 1997, he joined the
    start-up company Conjuchem in Montreal as V-P Research and Chief
    Technology Officer. While at Conjuchem, Dominique originated the
    discovery and development of in situ conjugates as a mean to achieve
    controlled release of peptides and proteins. More recently, he served
    as a member on the Board of Directors and on the Scientific Board of
    Directors for several start-up companies; he has also been an advisor
    to several biotech companies and venture capital funds.

    About Ipsen

    Ipsen is a European pharmaceutical group with over 20 products on
    the market and a total worldwide staff of nearly 4,000. The company´s
    development strategy is based on a combination of products in targeted
    therapeutic areas (oncology, endocrinology and neuromuscular
    disorders) which are growth drivers, and primary care products which
    contribute significantly to its research financing. This strategy is
    also supported by an active policy of partnerships. The location of
    its four R&D centres (Paris, Boston, Barcelona, London) gives the
    Group a competitive edge in gaining access to leading university
    research teams and highly qualified personnel. In 2007, Research and
    Development expenditure was EUR 185 million, in excess of 20% of
    consolidated sales, which amounted to EUR 920.5 million while total
    revenues amounted to EUR 993.8 million (in IFRS). More than 700 people
    in Research & Development are dedicated to the discovery and
    development of innovative drugs for patient care. Ipsen´s shares are
    traded on Segment A of Eurolist by EuronextTM (stock code: IPN, ISIN
    code: FR0010259150). Ipsen´s shares are eligible to the "Service de
    Reglement Differe" ("SRD") and the Group is part of the SBF 120 index.
    For more information on Ipsen, visit our website at www.ipsen.com.

    Ipsen Forward-looking statements

    The forward-looking statements and targets contained herein are
    based on Ipsen´s management´s current views and assumptions. Such
    statements involve known and unknown risks and uncertainties that may
    cause actual results, performance or events to differ materially from
    those anticipated herein. The targets contained herein were prepared
    without taking into account external growth assumptions, which may
    alter the parameters. These targets are based on data and assumptions
    regarded as reasonable by the Group and depend on conditions or facts
    likely to happen in the future, and not exclusively on historical
    data. Actual results may depart significantly from the targets given
    the occurrence of certain risks and uncertainties. The Group does not
    commit nor gives any guarantee that it will meet the targets mentioned
    above. Moreover, the Research and Development process involves several
    stages at each of which there is a substantial risk that the Group
    will fail to achieve its objectives and be forced to abandon its
    efforts in respect of a product in which it has invested significant
    sums. Therefore, the Group cannot be certain that favourable results
    obtained during pre-clinical trials will be confirmed subsequently
    during clinical trials, or that the results of clinical trials will be
    sufficient to demonstrate the safe and effective nature of the product
    concerned. Moreover, the targets described in this document were
    prepared without taking into account external growth assumptions,
    which may alter these parameters. These targets are based on data and
    assumptions regarded as reasonable by the Group. These targets depend
    on conditions or facts likely to happen in the future, and not
    exclusively on historical data. Actual results may depart
    significantly from these targets given the occurrence of certain risks
    and uncertainties. The Group does not commit nor gives any guarantee
    that it will meet the targets mentioned above. Ipsen expressly
    disclaims any obligation or undertaking to update or revise any
    forward looking statements, targets or estimates contained in this
    press release to reflect any change in events, conditions, assumptions
    or circumstances on which any such statements are based, unless so
    required by applicable law. Ipsen´s business is subject to the risk
    factors outlined in its information documents filed with the French
    Autorite des Marches Financiers.