Breaking News

Pierre Fabre Donates Equity Interest to Fabre Foundation

October 7, 2008

FRANCE: In what is being called an effort to secure the long-term independence of Pierre Fabre SA, Pierre Fabre has donated 100% of the equity of Pierre Fabre Participation, a holding company with a 60% share in Laboratoires Pierre Fabre, to the Pierre Fabre Foundation. The foundation, created in 1999, promotes good pharmaceutical practice and aims to improve healthcare in developing countries. In addition, Mr. Pierre Fabre expressed his intention to transform Pierre Fabre SA into a company under a supervisory committee, chaired by him, with Jean-Pierre Garnier heading the management board. Mr. Garnier had been chief executive officer of GlaxoSmithKline until last May.

blog comments powered by Disqus
  • Innovation On Display

    Melissa Meisel, Associate Editor||February 3, 2016
    P&G Beauty Digital Studio showcases new products for 2016

  • Crowning Glory

    Crowning Glory

    Christine Esposito , Associate Editor||February 3, 2016
    Celebrity stylists and experts from leading hair care brands talk about the ingredients and formats driving the styling sector.

  • Electric Slide

    Electric Slide

    Melissa Meisel, Associate Editor||February 3, 2016
    Skin care devices bring anti-aging to the next level