Ipsen receives its second Shingo Prize for operational excellence
14 Oktober 2024 - 6:00PM
UK Regulatory
Ipsen receives its second Shingo Prize for operational excellence
- Ipsen
is the first pharma company in the world to receive Shingo Prizes
for two sites producing treatments for patients
- Ipsen’s
first Shingo Prize was received by its production site in Signes,
France in 2020, followed by the site in Dublin, Ireland
today
- The
Shingo Prize represents the highest standard of operational
excellence in the world
PARIS, FRANCE, 14 October 2024
- Ipsen (Euronext: IPN; ADR: IPSEY) announced today that
its Dublin, Ireland production site has received the Shingo Prize
for operational excellence. This is Ipsen’s second Shingo Prize,
with its site in Signes, France, receiving the first award in
2020.
Created in 1988, the Shingo Prize recognizes
companies across all sectors that demonstrate a strong culture of
operational excellence, deeply rooted in the mindset and behaviors
of all staff, management and employees alike. This prestigious
award is given to a maximum of five companies each year.
Ipsen’s Dublin, Ireland site has almost 200
employees and produces the active pharmaceutical ingredients for
two of Ipsen’s medicines.
“It’s truly an honor to receive this second
Shingo Prize,” said Aidan Murphy, Executive Vice-President, Head of
Technical Operations, Ipsen. “Following the first prize our Signes
site received in 2020, we immediately saw the impact of the Shingo
mindset: every colleague understands how their work supports the
strategy and focuses on continuous improvement and alignment
between our values and behaviors. Bringing this level of excellence
to our industrial and manufacturing footprint has allowed us to
consistently deliver on our medicines and avoid shortages.”
“I’m extremely proud of the people at Ipsen and
their hard work that has created a fantastic culture at the Dublin
site,” said Paul Maginn, head of Excellence Enterprise and
Manufacturing Science & Technology who played a pivotal role on
the Shingo journey. “The Shingo Prize reflects the energy,
dedication and commitment of each person to embedding the Shingo
Model ™ across the organization.” Bénédicte Verley Hudry, Head of
the Dublin site, said, “I had a remarkable experience during the
Shingo assessment in Dublin. The Shingo Model emphasizes the
importance of authentic engagement and dedication from all team
members, and Dublin team truly embodies these principles.”
ENDS
About Ipsen
We are a global biopharmaceutical company with a
focus on bringing transformative medicines to patients in three
therapeutic areas: Oncology, Rare Disease and Neuroscience.
Our pipeline is fueled by external innovation
and supported by nearly 100 years of development experience and
global hubs in the U.S., France and the U.K. Our teams in more than
40 countries and our partnerships around the world enable us to
bring medicines to patients in more than 80 countries.
Ipsen is listed in Paris (Euronext: IPN) and in
the U.S. through a Sponsored Level I American Depositary Receipt
program (ADR: IPSEY). For more information, visit ipsen.com.
Ipsen contacts
Media
- Sam
Howland | +44 (0) 7514 49 25 68 |
sam.howland@ipsen.com
- Jennifer
Smith-Parker | + 44 7843 137764 |
jennifer.smith-parker.ext@ipsen.com
Disclaimers and/or Forward-Looking
Statements
The forward-looking statements, objectives and targets contained
herein are based on Ipsen’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 Ipsen’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 Ipsen’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 Ipsen.
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
medicine 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. Ipsen must
face or might face competition from generic medicine 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 Ipsen may fail to achieve its
objectives and be forced to abandon its efforts with regards to a
medicine in which it has invested significant sums. Therefore,
Ipsen 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 medicine
concerned. There can be no guarantees a medicine will receive the
necessary regulatory approvals or that the medicine 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 healthcare legislation; global trends toward healthcare cost
containment; technological advances, new medicine and patents
attained by competitors; challenges inherent in new-medicine
development, including obtaining regulatory approval; Ipsen’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 Ipsen’s patents and other protections for
innovative medicines; and the exposure to litigation, including
patent litigation, and/or regulatory actions. Ipsen also depends on
third parties to develop and market some of its medicines which
could potentially generate substantial royalties; these partners
could behave in such ways which could cause damage to Ipsen’s
activities and financial results. Ipsen 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
Ipsen’s partners could generate lower revenues than expected. Such
situations could have a negative impact on Ipsen’s business,
financial position or performance. Ipsen 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. Ipsen’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 Ipsen’s latest Universal Registration Document,
available on ipsen.com.
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