13.06.2012 18:00:00
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Patrick Langlois Appointed Non Executive Chairman of the Board of Directors of Stallergenes
Regulatory News:
Stallergenes (Paris:GENP)(Euronext Paris CAC small) announces the appointment of Patrick Langlois as non executive Chairman of the Board of Directors, with effect from 1st July 2012.
Patrick Langlois has more than 30 years of experience at a global level for companies and markets in the healthcare sector. Having notably served as Group Executive Vice President, Chief Financial Officer and Vice-Chairman of the Management Board of Aventis S.A, he has developed significant expertise both in enterprise development and strategy and merger and acquisition transactions in the pharmaceutical industry.
"We are delighted to have Patrick Langlois as Chairman; his experience in the international development and in mergers and acquisitions of healthcare companies will be an undeniable strength in turning Stallergenes into a global pharmaceutical laboratory”, stated Roberto Gradnik, Chief Executive Officer of Stallergenes.
In accordance with his wishes, Albert Saporta, whose term of office as Chairman expires on 30 June 2012, will remain as a member of the Board of Directors to continue to support Stallergenes’ development.
Furthermore, Jean-Michel Lévy, an Independent Director, has tended his resignation on 27th May 2012 to the Chairman of the Board of Directors, who duly took note of this. The Board has decided to co-opt a new Director to replace Jean-Michel Lévy. The co-option will take place over forthcoming meetings of the Board of Directors.
ABOUT STALLERGENES
Stallergenes is a European biopharmaceutical company specialised in the
treatment by allergen immunotherapy of allergy related respiratory
diseases, such as severe rhinoconjunctivitis and rhinitis, as well as
allergic asthma. The seventh largest pharmaceutical company in France
and the leader in sublingual immunotherapy treatment, Stallergenes
devotes almost 20% of its gross turnover to Research & Development and
is actively involved in the development of a new therapeutic class,
sublingual immunotherapy tablets.
In 2011, the company had sales of
€ 235 million and more than 500,000 patients were treated with
Stallergenes products
Euronext Paris (Compartment B)
CAC small ISIN code: FR0000065674 Reuters code: GEN.PA Bloomberg code: GEN.FP |
For further information, please visit our website: www.stallergenes.com
Forward-looking statements related to Stallergenes
This
press release may contain forward-looking statements, including
forecasts of future revenue and operating profit as well as expected
business-related events. Such statements are based upon the current
beliefs and expectations of Stallergenes’ management and are subject to
risks and uncertainties. Actual results may differ from those set forth
in the forward-looking statements, due to various factors. Without being
exhaustive, such factors include economic situations and business
conditions, including legal and product evaluation issues, fluctuations
in currencies and demand, changes in competitive factors and reliance on
suppliers. The Company disclaims any intention or obligation to update
or revise any forward-looking statements whether as a result of new
information or future events and except as required by law.
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