Ipsen SA
PAR:IPN

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Ipsen SA Logo
Ipsen SA
PAR:IPN
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Price: 116.1 EUR -2.44% Market Closed
Market Cap: 9.7B EUR

Ipsen SA
Investor Relations

Ipsen SA, headquartered in France, is a prominent player in the global biopharmaceutical realm, weaving its story through its commitment to innovation and specialization. Founded in 1929, this family-owned company has evolved significantly, utilizing a diverse mix of scientific research and strategic acquisitions to fuel its growth. Ipsen operates through three principal business segments: Specialty Care, Consumer Healthcare, and Research & Development. Specialty Care, which includes oncology, neuroscience, and rare diseases, is the heart of Ipsen's portfolio, contributing the lion's share of its revenue. The company has honed its focus on developing targeted therapies for complex conditions, leveraging its adeptness in peptide and toxin research. Its success lies in the balance of nurturing homegrown research while acquiring promising biotech firms and novel therapies to expand its offerings and market reach.

Beyond its scientific and research prowess, Ipsen's financial robustness stems from a well-orchestrated strategy that intertwines its business operations. The company generates substantial revenue by not only launching innovative products but also through strategic partnerships and licensing agreements that broaden its geographic footprint. Ipsen’s Consumer Healthcare segment complements its operations by delivering over-the-counter products that maintain a steady cash flow, though on a smaller scale compared to Specialty Care. Meanwhile, its Research & Development arm remains the crucible for future growth, as Ipsen invests significantly in pioneering future therapies that align with its core areas of expertise. Through this strategic tapestry, Ipsen has positioned itself as a dynamic entity in the biopharmaceutical industry, consistently striving to deliver value while advancing the frontiers of medicine.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 22, 2025
AI Summary
Q3 2025

Sales Growth: Ipsen reported Q3 sales growth of 13.7% and year-to-date sales growth of 12.1%, with strong contributions from all three therapeutic areas.

Guidance Raised: Full-year 2025 sales growth guidance was upgraded to around 10% (from above 7%) and core operating margin guidance to around 35% of sales (from more than 32%).

Somatuline Performance: Slower-than-expected generic erosion supported Somatuline's better performance, boosting guidance. Management cautions more erosion may come in 2026.

Rare Disease Momentum: Rare Disease sales doubled in Q3 and year-to-date, with Bylvay sales up 46% year-to-date and strong IQIRVO growth, especially in the US.

Pipeline Advancements: Announced acquisition of ImCheck Therapeutics (ICT01 program), positive data for IPN10200, and anticipation of multiple Phase III data readouts in 2026.

Dysport Steady: Dysport continued high single-digit growth, with shipment phasing impacting quarterly variations but overall strong end-market demand.

M&A Ambitions: Ipsen remains committed to further mid- and late-stage deals, with significant resources even after the ImCheck acquisition.

Key Financials
Total Sales Growth (Q3)
13.7%
Total Sales Growth (Year-to-date)
12.1%
Sales Growth (Portfolio outside Somatuline, Year-to-date)
12.3%
Full-year 2025 Sales Growth Guidance
around 10% at constant exchange rates
Previous Sales Growth Guidance (July 2025)
above 7%
Core Operating Margin Guidance (2025)
around 35% of total sales
Previous Core Operating Margin Guidance
more than 32% of total sales
Oncology Sales Growth (Q3)
7%
Oncology Sales Growth (Year-to-date)
6.6%
Somatuline Sales Growth (Year-to-date)
11.7%
Cabometyx Sales Growth (Year-to-date)
2.9%
Cabometyx Sales Growth (Q3)
9.3%
Decapeptyl Sales Growth (Year-to-date)
2.2%
Onivyde Sales Growth (Year-to-date)
4.8%
Bylvay Sales (Year-to-date)
EUR 135 million
IQIRVO Sales (Year-to-date)
EUR 107 million
IQIRVO US Sales Growth (Q3)
up 46% quarter-over-quarter
Dysport Aesthetics Sales Growth
12.3%
Dysport Therapeutics Sales Growth
5.2%
ImCheck Therapeutics Acquisition Price
EUR 350 million
Earnings Call Recording
Other Earnings Calls

Management

Dr. Aidan Murphy Ph.D.
Executive VP and Head of Technical Operations
No Bio Available

Contacts

Address
ILE-DE-FRANCE
Boulogne-Billancourt
65 Quai Georges Gorse
Contacts
+33158335000.0
www.ipsen.com