Empresas y finanzas

Ipsen: Appointment of Gérard Picotas Vice President, Global Regulatory Affairs



    Regulatory News: Ipsen (Paris:IPN) today announced the appointment, of Gérard

    Picot as Vice-President, Global Regulatory Affairs. He reports to Stéphane

    Thiroloix, Executive Vice President, Corporate Development. This

    appointment is within the context of the retirement of Mr William Jones. His main mission will be to enhance the regulatory position of Ipsen

    its products and those of its partners worldwide, thanks to the strong

    network of teams based in Paris (France), Slough (United Kingdom), and

    Boston (United States). Gérard Picot brings

    along a history of solid delivery in the regulatory arena, a rich

    track-record of staff development, a strong strategic thinking ability

    and a proven drive to partner through change. Gérard Picot, 55, holds a Doctorate in

    Pharmaceutical Sciences and an MS in Drug Law from the University of

    Paris. He started his career in 1982 within Merck, Sharpe & Dohme´s

    US Regulatory Affairs Group. He then took in 1987 responsibility for

    Drug Development at Laboratoires Fournier, before joining Bristol-Myers

    Squibb´s Regulatory Affairs group in 1990

    where he was most recently VP, Global Regulatory Sciences for Europe

    Middle-East and Africa. Since 1991, Gérard

    has been a member or permanent guest of EFPIA´s

    (European Federation of Pharmaceutical Industry Associations)

    Scientific, Technical and Regulatory Policy Committee. About Ipsen Ipsen is an innovation-driven international specialty pharmaceutical

    group with over 20 products on the market and a total worldwide staff of

    nearly 4,000. Its development strategy is based on a combination of

    specialty products, which are growth drivers, in targeted therapeutic

    areas (oncology, endocrinology and neuromuscular disorders), and primary

    care products which contribute significantly to its research financing.

    The location of its four Research & Development centres (Paris, Boston

    Barcelona, London) and its peptide and protein engineering platform give

    the Group a competitive edge in gaining access to leading university

    research teams and highly qualified personnel. More than 700 people in

    R&D are dedicated to the discovery and development of innovative drugs

    for patient care.This strategy is also supported by an active policy of

    partnerships. In 2007, Research and Development expenditure was about ?185

    million, in excess of 20% of consolidated sales, which amounted to ?920.5

    million while total revenues amounted to ?993.8

    million. 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 Règlement

    Différé" ("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 Autorité des Marchés Financiers.