The Ipsen Investment Case

Consumer Healthcare Exclusive negotiations with Mayoly Spindler Delivering on the strategic roadmap IPSEN IPSEN CONSUMER Innovation for patient care HEALTHCARE IPSEN Innovation for patient care MAYOLY SPINDLER €350m on an enterprise-value basis, including an earnout contingent payment of €50m Expected to complete by the end of Q3 2022 Creation of a global consumer-healthcare platform Supports strategic focus on Specialty Care 15

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