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IPSEY News and Press, Ipsen SA ADR From 02/09/23

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Company Name: Ipsen SA ADR
Stock Symbol: IPSEY
Market: OTC

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IPSEY - Ipsen S.A. Non-GAAP EPS of Euro10.51, revenue of Euro3.02B; initiates FY23 guidance

Ipsen S.A. press release ( OTCPK:IPSEY ): FY Non-GAAP EPS of €10.51. Revenue of €3.02B (+14.4% Y/Y). 2022 core operating margin of 36.9%, broadly in line with 2021. 2023 financial guidance : total-sales growth greater than 4.0% at CER1 ; core operat...

IPSEY - Buyout From Ipsen: Do Not Underestimate The Value Of Albireo's Contingent Value Right

Summary The backbone of the Albireo is Bylvay, a product in a platform already approved in one indication and expected to be approved in two significant larger indications. Ipsen recognizes the huge potential and is offering $42 plus a $10 CVR to acquire Albireo. The deal is expected to...

IPSEY - Mirum Pharmaceuticals: In The Spotlight Following Buyout Of Albireo Pharma

Summary Albireo, Mirum Pharmaceuticals, Inc.'s only competitor in a billion-dollar market, is being acquired by Ipsen for up to $1.2 billion. The biggest value driver of Mirum is Livmarli, currently the only approved life-saving product in a rare pediatric disease market worth $500 mill...

IPSEY - Ipsen faces another setback for bone disorder drug with EMA panel's rejection

A committee of the European Medicines Agency (EMA) declined to recommended Ipsen's ( OTCPK:IPSEY ) ( OTCPK:IPSEF )  drug palovarotene to treat a rare bone disorder. The EMA's Committee for Medicinal Products for Human Use (CHMP) recommended not to grant marketing author...

IPSEY - Ipsen Receives CHMP Negative Opinion for Palovarotene as a Treatment for Fibrodysplasia Ossificans Progressiva in E.U.

Ipsen to request re-examination of CHMP opinion on palovarotene as a potential treatment for fibrodysplasia ossificans progressiva in E.U. FOP is an ultra-rare disease that continuously and permanently causes abnormal bone formation. 1 There are currently no disease-modifying treatment op...

IPSEY - Ipsen presents full data showing 'survival benefit' in pancreatic cancer in phase 3 trial

Ipsen ( OTCPK:IPSEY ) ( OTCPK:IPSEF ) presented full data from a phase 3 trial showing that its drug Onivyde helped improve overall survival (OS) and progression-free survival (PFS) in patients with a type of pancreatic cancer. The French drugmaker had initially reported ...

IPSEY - Ipsen Presents Phase III NAPOLI 3 Trial of Onivyde® Regimen Demonstrating Positive Survival Results in Previously Untreated Metastatic Pancreatic Ductal Adenocarcinoma at ASCO GI

Investigational Onivyde ® (irinotecan liposome injection) in the NALIRIFOX treatment regimen demonstrated statistically significant improvements in overall survival and progression-free survival compared to nab-paclitaxel plus gemcitabine with a manageable safety profile 1 Result...

IPSEY - Ipsen to Acquire Albireo Accelerating Growth in Rare Disease With Treatments for Several Pediatric Liver Diseases

Transaction focused on Bylvay ® (odevixibat), the first-approved treatment in progressive familial intrahepatic cholestasis in U.S. and E.U., with potential in other rare diseases Acquisition aligned with Ipsen’s long-term strategy for expanding the scope of its Rare Disease p...

IPSEY - Merrimack Still Has Significant Arbitrage Potential

Summary In December 2022, MACK got positive clinical results for its Phase III clinical trial of Onivyde in first line pancreatic cancer. A $225m milestone from Ipsen will be triggered on approval, which corresponds to about $16.75 per basic share. After adjusting for NOLs, tax inte...

IPSEY - Ipsen says FDA rejected treatment for rare bone disorder

The U.S. FDA has declined to approve palovarotene developed by French pharma company Ipsen S.A. ( OTCPK:IPSEY ) ( OTCPK:IPSEF ) to reduce abnormal bone formation in people living with ultra-rare disease fibrodysplasia ossificans progressiva (FOP). The FDA has communicated its decision...

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