12.12.2013 08:00:00
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Dominique Brard Joins Ipsen as Executive Vice President, Human Resources
Regulatory News:
Ipsen (Paris:IPN) (Euronext: IPN; ADR: IPSEY) announced today the appointment of Dominique Brard as Executive Vice President in charge of Human Resources of the Ipsen group, in place of Etienne de Blois. Dominique will be a member of Ipsen’s Executive Committee. She will take up her new position on January 6th, 2014, reporting directly to Christel Bories, Deputy CEO of the Ipsen group.
Throughout her career, Dominique has held various positions of leadership and has acquired solid managerial experience. Ipsen will benefit from her knowledge of other industries and her expertise in supporting transformation, developing organizations, and fostering talent. Graduated from the European Business School, Paris (1986), Dominique Brard began her career at Coopers & Lybrand as external auditor (1986-1989). She went on to join the Promodès Group in 1990 as Audit Director, and in 1995, she took over as Financial and Administrative Director of Prodis organization. Following the merge of Promodès and Carrefour groups, she became Director of Human Resources of Carrefour France (1999-2003), before being appointed CEO of Prodirest. In 2006, she joined Altedia as Deputy CEO, and later moved to Nestlé in 2009 as Director General of Human Resources France. As of 2011, Dominique Brard was Director of Human Resources with Fnac.
Etienne de Blois will join the commercial operations Specialty Care’s team as Vice President Latin America, Spain and Portugal.
About Ipsen
Ipsen is a global specialty-driven
pharmaceutical company with total sales exceeding €1.2 billion in 2012.
Ipsen’s ambition is to become a leader in specialty healthcare solutions
for targeted debilitating diseases. Its development strategy is
supported by 3 franchises: neurology, endocrinology and uro-oncology.
Moreover, the Group has an active policy of partnerships. Ipsen's R&D is
focused on its innovative and differentiated technological platforms,
peptides and toxins. In 2012, R&D expenditure totalled close to €250
million, representing more than 20% of Group sales. The Group has close
to 4,900 employees worldwide. Ipsen’s shares are traded on segment A of
Euronext Paris (stock code: IPN, ISIN code: FR0010259150) and eligible
to the "Service de Règlement Différé” ("SRD”). The Group is part of the
SBF 120 index. Ipsen has implemented a Sponsored Level I American
Depositary Receipt (ADR) program, which trade on the over-the-counter
market in the United States under the symbol IPSEY. For more information
on Ipsen, visit www.ipsen.com.
Forward Looking Statements
The forward-looking statements,
objectives and targets contained herein are based on the Group’s
management strategy, 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. All of the above risks could affect the Group’s
future ability to achieve its financial targets, which were set assuming
reasonable macroeconomic conditions based on the information available
today. Use of the words "believes," "anticipates" and "expects" and
similar expressions are intended to identify forward-looking statements,
including the Group’s expectations regarding future events, including
regulatory filings and determinations. Moreover, the targets described
in this document were prepared without taking into account external
growth assumptions and potential future acquisitions, which may alter
these parameters. These objectives 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, notably
the fact that a promising product in early development phase or clinical
trial may end up never being launched on the market or reaching its
commercial targets, notably for regulatory or competition reasons. The
Group must face or might face competition from generic products that
might translate into a loss of market share. Furthermore, the Research
and Development process involves several stages each of which involves
the substantial risk that the Group may fail to achieve its objectives
and be forced to abandon its efforts with regards to 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. There can be no guarantees a product
will receive the necessary regulatory approvals or that the product will
prove to be commercially successful. If underlying assumptions prove
inaccurate or risks or uncertainties materialize, actual results may
differ materially from those set forth in the forward-looking
statements. Other risks and uncertainties include but are not limited
to, general industry conditions and competition; general economic
factors, including interest rate and currency exchange rate
fluctuations; the impact of pharmaceutical industry regulation and
health care legislation; global trends toward health care cost
containment; technological advances, new products and patents attained
by competitors; challenges inherent in new product development,
including obtaining regulatory approval; the Group's ability to
accurately predict future market conditions; manufacturing difficulties
or delays; financial instability of international economies and
sovereign risk; dependence on the effectiveness of the Group’s patents
and other protections for innovative products; and the exposure to
litigation, including patent litigation, and/or regulatory actions. The
Group also depends on third parties to develop and market some of its
products which could potentially generate substantial royalties; these
partners could behave in such ways which could cause damage to the
Group’s activities and financial results. The Group cannot be certain
that its partners will fulfil their obligations. It might be unable to
obtain any benefit from those agreements. A default by any of the
Group’s partners could generate lower revenues than expected. Such
situations could have a negative impact on the Group’s business,
financial position or performance. The Group 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. The Group’s business is subject to the risk factors outlined in its
registration documents filed with the French Autorité des Marchés
Financiers.
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