Ipsen Announces Name Change for its Research and Development Affiliate in the U.S. From Biomeasure to Ipsen Bioscience, Inc.

The U.S. affiliate of Ipsen (Euronext: IPN; ADR: IPSEY) today announced that, as of May 1, 2014, its U.S. Research and Development (R&D) affiliate, previously called Biomeasure, has changed its name to Ipsen Bioscience, Inc. The change is being made to strengthen the Ipsen brand in the U.S. by unifying the commercial group, Ipsen Biopharmaceuticals, Inc., with the research and development (R&D) group, Ipsen Bioscience, Inc., under the Ipsen brand.

“The formal name change from Biomeasure to Ipsen Bioscience, Inc. is overdue, as Ipsen has been collaborating closely with its Massachusetts R&D affiliate since the 70s,” said Claude Bertrand, Executive Vice President, R&D and Chief Scientific Officer of Ipsen. “Ipsen Biopharmaceuticals, Inc. and Ipsen Bioscience, Inc. have both been instrumental in the development of some of the company’s key products.”

In September 2013, Ipsen announced plans to relocate its U.S. R&D facility from Milford to Cambridge, MA – one of the leading hubs for biotechnology research and innovation in the U.S. As the timeline for the new facility in Cambridge progresses as planned, Ipsen Bioscience, Inc. expects to be in its new home at 650 East Kendall Street, Cambridge, MA in the third quarter of 2014.

“Ipsen aims to become a top global pharmaceutical company, and the branding of Ipsen Bioscience, Inc. and our upcoming move to our new facility in Cambridge are critical steps along the pathway to achieve this,” said Cynthia Sylvestre, President, Ipsen Bioscience, Inc. and Vice President and Site Head, Ipsen. “We’re excited about the future and what our focused research will be able to deliver, with many of our partners so close by.”

Marc de Garidel, Chairman and Chief Executive Officer of Ipsen, said: “With our recent commitment to go-it-alone with our oncology development program in the U.S., Ipsen Biopharmaceuticals, Inc. and Ipsen Bioscience, Inc. will continue to work together to develop treatments to help people in the U.S. struggling with debilitating diseases.”

About Ipsen

Ipsen is a global specialty-driven pharmaceutical company with total sales exceeding $1.6 billion (€1.2 billion) in 2013. Ipsen’s ambition is to become a leader in specialty healthcare solutions for targeted debilitating diseases. Its development strategy is supported by 3 franchises: neurology, endocrinology and urology-oncology. Moreover, the Group has an active policy of partnerships. Ipsen's R&D is focused on its innovative and differentiated technological platforms, peptides and toxins. In 2013, R&D expenditure totaled close to $359 million (€260 million), representing more than 21% of Group sales. Ipsen also has a significant presence in primary care. The Group has close to 4,600 employees worldwide. Ipsen’s shares are traded on segment A of Euronext Paris (stock code: IPN, ISIN code: FR0010259150) and eligible to the “Service de Règlement Différé” (“SRD”). The Group is part of the SBF 120 index. Ipsen has implemented a Sponsored Level I American Depositary Receipt (ADR) program, which trade on the over-the-counter market in the United States under the symbol IPSEY. For more information on Ipsen, visit www.ipsen.com.

Forward Looking Statement

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