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Ipsen CEO Outlines Strategy For Long-Term Success

Backed With €3bn Warchest

 
• By Kevin Grogan

While analysts are struggling to look further than generic competition facing the French firm's best-seller Somatuline, new chief David Loew tells Scrip that intelligent lifecycle management and focused external deals will drive Ipsen's growth.

A professional businessman thinking while standing on a black arrow pointing forward in grey space concept
NEw CEO Loew Plotting Ipsen's next steps • Source: Archive

Five months after taking the helm at Ipsen SA, CEO David Loew has laid out his strategic priorities for the French drugmaker to Scrip which will involve maximizing core brands Somatuline, Decapeptyl and Dysport, realizing the full potential of the oncology products Cabometyx and Onivyde, and upping its focus on external innovation.

One of the first moves by Loew, who previously headed up the Sanofi Pasteur vaccines business before taking over at Ipsen on July 1, has been a strategic review...

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