Business Wire

Ipsen Appoints Philippe Lopes-Fernandes as Executive Vice President, Chief Business Officer

Share

Regulatory News:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200924005822/en/

Philippe Lopes-Fernandes, Executive Vice President, Chief Business Officer, Ipsen (Photo: Business Wire)

Philippe Lopes-Fernandes, Executive Vice President, Chief Business Officer, Ipsen (Photo: Business Wire)

Ipsen (Euronext: IPN; ADR: IPSEY) today announced the appointment of Philippe Lopes-Fernandes as Executive Vice President, Chief Business Officer, effective 1 October 2020. Based in Cambridge, Massachusetts, USA, he will be responsible for business development and alliance management, reporting directly to David Loew, CEO, Ipsen. Philippe will serve on the Executive Leadership Team.

“As Chief Business Officer, Philippe will play a crucial role in our external innovation strategy. The ELT and I are delighted to welcome Philippe to Ipsen and look forward to working closely with him. His extensive and impressive track record in international business development, his outstanding reputation and his ability to work closely with the scientific community around the world will be a tremendous asset as we continue to develop our position as a global biopharmaceutical leader via external innovation. I know Philippe will make significant contributions to our existing network of robust partnerships and will help us further strengthen our pipeline,” said David Loew, CEO, Ipsen.

“I’m excited to be joining Ipsen at this pivotal moment,” said Philippe Lopes-Fernandes. “Working closely with David, the ELT and the Business Development team, I look forward to further strengthening Ipsen’s alliances across its therapeutic areas to help achieve our vision of serving patients with high unmet medical needs.”

Prior to joining Ipsen, Philippe worked at Merck KGaA where he was the Senior Vice President, Global Head of Business Development and Alliance Management, based in Cambridge (US). Before that, he held a variety of roles at Merck KGaA in Business Development, Mergers & Acquisitions, Finance and Marketing in France, Portugal, Germany, the United States and Switzerland.

Philippe received his degree from the Institut Supérieur de Gestion (ISG) in Paris in 1994. He is a French External Trade advisor (Conseiller du Commerce Extérieur) and board member of several companies.

He will continue to be based in Cambridge (USA).

About Ipsen
Ipsen is a global specialty-driven biopharmaceutical group focused on innovation and Specialty Care. The Group develops and commercializes innovative medicines in three key therapeutic areas – Oncology, Neuroscience, and Rare Diseases. Ipsen also has a well-established Consumer Healthcare business. With total sales over €2.5 billion in 2019, Ipsen sells more than 20 drugs in over 115 countries, with a direct commercial presence in more than 30 countries. Ipsen’s R&D is focused on its innovative and differentiated technological platforms located in the heart of the leading biotechnological and life sciences hubs (Paris-Saclay, France; Oxford, UK; Cambridge, US). The Group has about 5,800 employees worldwide. Ipsen is listed in Paris (Euronext: IPN) and in the United States through a Sponsored Level I American Depositary Receipt program (ADR: IPSEY). For more information on Ipsen, visit www.ipsen.com.

Ipsen’s Forward Looking Statement
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, and the outcome of this study or other studies. 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 favorable results obtained during preclinical 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 6 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. The risks and uncertainties set out are not exhaustive and the reader is advised to refer to the Group’s 2019 Universal Registration Document available on its website (www.ipsen.com).

Contact information

Media
Fanny Allaire
Global Communications Director
+33(0)1 58 33 58 96
fanny.allaire@ipsen.com

Financial Community
Eugenia Litz
Vice President, Investor Relations
+44 (0) 1753 627721
eugenia.litz@ipsen.com

Myriam Koutchinsky
Investor Relations Manager
+33 (0)1 58 33 51 04
myriam.koutchinsky@ipsen.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Hyperconvergence & Virtualization: VMware Cloud Director Available at IKOULA28.10.2020 11:00:00 EETPress release

Nowadays virtualization and hyperconvergence are among the concerns of many companies, IKOULA – a key player in the European IaaS market - offers its customers the VMware Cloud Director solution: a stable and proven technology allowing them to easily create their private Cloud(s) and operate online their own virtual data center(s). Bringing together in a single secure environment all the storage, computing and network resources necessary for any activities, the VMware Cloud Director solution puts an end to physical infrastructures in silos, and guarantees companies an optimized use of these material resources, with a maximized ROI, controlled costs as well as the interoperability and portability of their applications between their different clouds. What are the benefits for companies using VMware Cloud Director? Simplified provisioning and consumption: users benefit from a single access point, making it very easy to provision all kinds of cloud services, but also third-party services,

Comilog Mine Taps JRC for Private LTE Network28.10.2020 10:30:00 EETPress release

Comilog, the leading manganese company, has decided to build a Private 4G/LTE network in Moanda, Gabon. JRC and Geka Telecom were selected to provide a turnkey solution. JRC will provide the LTE infrastructure for hundreds of subscribers and 4 RF sites, while GEKA Telecom will provide the full services. As part of an effort to modernize the operation process of Moanda mine, Comilog is investing in a modern and secured LTE infrastructure. Field staff will be equipped with ruggedized tablets and smartphones. The target is to digitalize the various processes to increase efficiency and reduce paper. This effort is part of an overall project called Comilog 2020 to increase the capacity of the mine and to enhance local added value. JRC LTE infrastructure was chosen for the quality of its offer. The proposed LTE infrastructure is designed to meet mission critical environment and performance. GEKA Telecom will provide its expertise for the settings of the network and the installation. “We are

NTT Com Receives “Operator Award: Embracing Cloud” at Network Transformation Awards During Layer123 World Congress 202028.10.2020 09:00:00 EETPress release

NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group (TOKYO:9432), announced today that its recent cloud-based initiatives, including a cloud-native platform for emerging applications such as AI, IoT and 5G, received the Operator Award: Embracing Cloud from the Network Transformation Awards 20201 program at Layer1232 World Congress 2020. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201027006300/en/ Operator Award: Embracing Cloud (Graphic: Business Wire) NTT Com was awarded for initiatives including an edge-computing platform that will provide low latency, low cost, and guaranteeing privacy required for technologies including AI, IoT and 5G. The envisioned platform is expected to accelerate local 5G and the development of AIoT ecosystem (combination of AI and IoT) for advanced uses such as smart factories. The Network Transformation Awards recognize the

Low-Code Meets Cloud Smart: Claris Expands FileMaker Cloud to EMEA Markets28.10.2020 09:00:00 EETPress release

Claris International Inc., an Apple subsidiary and pioneering leader in low-code, today announced the official launch of FileMaker Cloud to EMEA markets. FileMaker Cloud gives EMEA businesses all of the power of the cloud - sharing, rapid deployment, scalability - without compromising on performance or losing connection to the real world of devices, sensors, even offline apps. The result is a future-proof solution that empowers businesses to rapidly create and share intelligent apps with their teams, and integrate them with other popular apps and web services. “For so many businesses, the global pandemic changed every aspect of their business overnight, which led to a massive boom in both low-code adoption and remote work technologies,” said Brad Freitag, CEO of Claris. “In many ways, Claris was built for this moment. Our commitment to low-code without limits - quickly deploying intelligent apps that both solve and evolve - means the solutions our customers build to deal with today’s c

Morinaga Milk Expands Lactoferrin Production Capacity in German Subsidiary “MILEI GmbH”28.10.2020 08:52:00 EETPress release

Morinaga Milk Industry Co., Ltd. (TOKYO: 2264) (hereafter, “Morinaga Milk”) hereby announces that its subsidiary MILEI GmbH (hereafter, “MILEI”), which has the largest share* of the global market in terms of production volume of the functional ingredient lactoferrin, will increase more than double its production capacity with the aim to enhance its lactoferrin production. * According to data for 2019 released by Absolute Reports This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201027006307/en/ Powdered lactoferrin (Photo: Morinaga Milk) 1. Overview (1) Location: Kemptener Strasse 91, 88299 Leutkirch, Germany (2) Product manufactured: Lactoferrin (3) Total investment: EUR 15,000,000 (approx. JPY 1.8 billion*) * Assuming an exchange rate of 120 yen to one euro (4) Production capacity: Approx. 170 tons (more than double that of fiscal 2019) (5) Launch of operations: April 2021 (planned) 2. Background and purpose As a functional i

Wipro Strengthens Partnership With SAP on Industry Cloud Solutions for Real Estate Sector28.10.2020 08:48:00 EETPress release

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it will co-innovate with SAP SE on cloud-based solutions for the real estate industry. Building on the Intelligent Enterprise strategy, SAP is expanding its vertical solutions to fill the whitespace in its portfolio with an ecosystem of industry cloud applications that leverage SAP® Cloud Platform with advanced technologies, and are interoperable with SAP Business Network and the intelligent suite. Partners are an integral part of SAP’s Intelligent Enterprise strategy and Wipro is contributing their industry insights and knowledge in the development of purpose-built solutions for the real estate industry. To start with, Wipro has launched the Tenant Acquisition Management (TAM) solution for the real estate industry. Anchored with intelligent technologies like robotic process automation, artificial intelligence and machine le

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom