UCB SA - BNP Paribas Fortis
UCB SA - BNP Paribas Fortis
UCB SA - BNP Paribas Fortis
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Rest of World<br />
Zyrtec® (including Cirrus TM ) ............................................... 153 161<br />
Keppra® ............................................................................... 60 41<br />
Xyzal®.................................................................................. 26 22<br />
Nootropil®............................................................................ 24 26<br />
Other products ...................................................................... 140 134<br />
Net Sales Rest of World ...................................................... 404 385<br />
Unallocated………………………………………….. 17 20<br />
Total Net Sales..................................................................... 3,027 3,188<br />
During the first half of 2009, new product launches partially compensated the impact of generic<br />
competition to Keppra® in the U.S. Total revenue decreased as expected by 6% to €1,596 million, and<br />
total net sales amounted to €1,379 million (10% lower than the second half of 2008).<br />
Keppra® reached net sales of €465 million, a 22% decrease by comparison with the second half of<br />
2008, due to post-patent expiry erosion in North America which was mitigated by a significant increase<br />
in sales in Europe, and an increase in sales of 9% in the rest of the world. Sales of Keppra®XR in the<br />
U.S. in the first half of 2009 were €20 million.<br />
Zyrtec® experienced an increase in net sales by 28% to €169 million, due to a number of factors<br />
including an increase of 65 per cent. in sales in Japan following the successful launch of the paediatric<br />
indication in April 2009. However, Xyzal® suffered a decrease of 21% in net sales to €82 million<br />
outside the U.S. largely due to the majority of European countries experiencing a less severe pollen<br />
season. With a mild cough and cold season in the U.S., Tussionex reached net sales of €67 million (a<br />
decrease of 8%). However, Metadate CD, a treatment for attention deficit and hyperactivity disorder,<br />
reached net sales of €42 million (an increase of 15%).<br />
Cimzia®, approved for Crohn’s disease during 2008 in Switzerland and the U.S. and, since May 2009,<br />
approved in the U.S. for patients suffering from moderately to severely active rheumatoid arthritis,<br />
reached net sales of €24 million. Vimpat®, another recently-launched product, reached net sales of €23<br />
million during the first half of 2009. Neupro® showed net sales of €27 million in the first half of 2009,<br />
a decrease of approximately 25%, as a result of <strong>UCB</strong> effecting a recall from the U.S. market in March<br />
2008, and supply being limited to patients in Europe already receiving the product. Following<br />
remediative steps, Neupro is now restored to full supply in Europe and has also been approved for the<br />
treatment of restless leg syndrome. The Issuer remains in conversation with the FDA regarding further<br />
supply to the U.S., as described in Part 5.5.1. For further information regarding the sales performance<br />
of the Issuer during the first half of 2009, please refer to the Half-Year Report 2009, which is<br />
incorporated into this Offering Circular by reference.<br />
8. RESEARCH AND DEVELOPMENT<br />
(a) Introduction<br />
The vision of the <strong>UCB</strong> Group is to deliver innovative therapies for patients suffering from severe<br />
central nervous system and immunology disorders. The key features of the research and development<br />
organization of the <strong>UCB</strong> Group include:<br />
A11250830/2.25/23 Oct 2009 66