UCB SA - BNP Paribas Fortis
UCB SA - BNP Paribas Fortis
UCB SA - BNP Paribas Fortis
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Rest of World 1,635<br />
Total 9,780<br />
The decrease in headcount since 2008 has been caused by the impact of the streamlining of the <strong>UCB</strong><br />
Group in accordance with the SHAPE programme. <strong>UCB</strong> has re-deployed its resources towards its long<br />
term vision of becoming a patient-centric and specialist-focussed biopharmaceutical company, with the<br />
result of approximately 2,000 redundancies around the world in late 2008 and early 2009. This was<br />
supported by consultation and negotiation in the countries affected, with a dedicated programme<br />
introduced to provide support to staff in finding a new role.<br />
11. COMPETITION<br />
There is intense competition among pharmaceutical and other companies that research, develop,<br />
manufacture or market pharmaceutical products. The <strong>UCB</strong> Group competes with these entities in all<br />
areas of its business, including competing to attract and retain qualified scientific, technical, and<br />
operational personnel. The <strong>UCB</strong> Group believes that this competition will continue to increase in the<br />
future.<br />
The competitive position of the products of the <strong>UCB</strong> Group among the products of other pharmaceutical<br />
companies is based on, among other things, patent protection, data exclusivity, product efficacy, safety,<br />
reliability, availability, patient convenience and price. The <strong>UCB</strong> Group remains committed to growing<br />
its businesses as well as holding or increasing its market share.<br />
The products of the <strong>UCB</strong> Group may compete against products that have lower prices, superior<br />
performance, are easier to administer or that are otherwise competitive with products of the <strong>UCB</strong><br />
Group. The continued expansion of generic competition worldwide also poses a current and future<br />
competitive challenge to the <strong>UCB</strong> Group.<br />
Following the expiration or loss of patent protection, certain of the current products of the <strong>UCB</strong> Group<br />
have experienced increasing competition from generic manufacturers. The <strong>UCB</strong> Group remains<br />
committed to vigorously defending its intellectual property. In addition, the introduction of new<br />
products or the development of new processes by competitors or new information about existing<br />
products may result in product replacements or price reductions, even for products protected by patents.<br />
Some competitors of the <strong>UCB</strong> Group are actively engaged in research and development in areas where<br />
the <strong>UCB</strong> Group is also performing research and developing product candidates. The competitiveness of<br />
the product candidates of the <strong>UCB</strong> Group is significantly dependent upon the timing of entry into the<br />
market. Early entry may have important advantages in gaining product acceptance contributing to the<br />
product’s eventual success and profitability. Accordingly, in some cases, the relative speed with which<br />
the <strong>UCB</strong> Group can develop products, complete the clinical testing, receive regulatory approval, and<br />
supply commercial quantities of the product to the market is expected to be important for the<br />
competitive position of the <strong>UCB</strong> Group.<br />
Certain of the products of the <strong>UCB</strong> Group face substantial competition from products developed,<br />
manufactured and marketed by large pharmaceutical companies which may have greater clinical,<br />
A11250830/2.25/23 Oct 2009 74<br />
A4 – 6.3