transavia airlines s.a.s. , trading as transavia france and formerly branded as urltoken france , is a french low-cost airline owned by air france s.a. & transavia airlines c.v. based at paris-orly airport .

it shares its corporate design , website and operating model with its dutch sister company , transavia .

transavia france

below , you can see the all the destinations that transavia france flies to .
adjoint - commercial - et - marketing - pour - transavia - france _ a48608 . html
the transavia segment operates point - to - point flights on departure from the netherlands and france .
this is what air france - klm has done with transavia and lufthansa with germanwings and eurowings .
| un nouveau dg adjoint commercial et marketing pour transavia france nicolas henin a été nommé directeur général adjoint commercial et marketing de transavia france . a ce titre , il intègre le comité de direction . . . |
postal address transavia france s . a . s . for flights starting with flight number to zone orlytech 3 allée hélène boucher 91781 wissous cedex france
this made transavia one of the first airlines to offer comfortable travel to everyone .
transavia airlines . airline code , web site , phone , reviews and opinions .
contact transavia : find below customer service details of transavia airlines , including phone and email . besides contact details , the page also offers information on the airline’s products and services . reach the transavia customer service below for queries , complaints or feedback .
transavia france , the air france - klm group’s low - cost company , is today celebrating its tenth anniversary . as the leading low - cost airline operating out of paris - orly to europe , transavia france has already carried 20 million passengers , owns a fleet of 29 boeing 737s and serves 82 destinations .
a global leader in its three main businesses – passenger air traffic , cargo traffic and aviation maintenance – , air france also operates on the low - cost market with transavia france .
lcc subsidiary transavia , which comprises transavia netherlands and transavia france , made another operating loss in 2015 ( loss of eur35 million versus eur36 million loss in 2014 ) in spite of revenue growth of 4 . 1 % and a 1 . 8 % reduction in unit cost . unit revenue fell by 1 . 6 % .
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the transavia brand is quite well known in spain and portugal … but our target is really to make it well - known everywhere in europe ,
nathalie stubler , chief executive of transavia france , told me in a telephone interview .
air france - klm was founded on april 23 , 1947 and is headquartered in paris , france .
urltoken france ( or transavia france ) is a french lcc trading as urltoken and is an independent part of the air france - klm group . its main base is at paris - orly airport . urltoken operates scheduled and charter services mainly to leisure destinations .
transavia will grow asks at the faster rate of 15 % in 2016 , with transavia france growing by 20 % . air france ceo frédéric gagey told analysts on the 2015 results conference call that the process of transferring slots from air france to transavia at paris orly , in order to serve leisure destinations , was now complete . the next phase was to grow its routes from provincial french cities , in addition to expanding the business into new european destinations .
transavia france , the low - cost subsidiary of air france , is committed to exporting its brand “everywhere in europe” – raising its profile while management position themselves for the next inevitable run - in with unions .
the strike comes just days after air france - klm announced it will pump up to $ 1 . 3 billion over the next five years into transavia .
if you are a journalist and have media inquiries about transavia , check our information page for media .
the merits of integrating transavia under one structure are such that air france - klm would be better off making this a short - term plan . however , the development of the lcc remains a highly political subject , particularly in france , and the first priority for transavia - related pilot negotiations is to agree its further expansion into european markets outside france and the netherlands .
amel hammouda , chief transformation officer at air france , is appointed a member of the air france executive committee .
you can rebook a flight in my transavia , where you can change the date , time or route .
transavia offers on - board catering and rich entertainment to make every flight enjoyable . latest in movies and tv shows can be downloaded and watched on a smartphone or tablet using transavia’s wi - fi . the transavia entertainment app must be installed to access the service . for more information or queries on payment , refund , cancellation , group booking , cargo , lost baggage or others , reach the transavia customer service via phone or email .
when transavia france ( to ) was founded in 2007 , the shareholder structure was one of 40 % transavia netherlands ( hv ) and 60 % air france .  this enabled transavia france ( to ) to make a successful and smooth start and capitalize on the existing platform of transavia netherlands within the af / kl group . as to simplify and further streamline the shareholder structure the rearrangement of the 40 % shares in to by hv within the af / kl group has been proposed . the necessary steps and approvals within the various corporate bodies for this have almost been completed after which it can be executed .
nyco has announced that transavia france recently selected turbonycoil ® 600 , a synthetic standard turbine oil , for use in its fleet of boeing 737 aircraft powered by cfm56 engines .
the company operates its business through the following segments : passenger & cargo network , maintenance , transavia , and other .
the further development of transavia in the low cost segment is one of the pillars in the af / kl strategy perform2020 . the ambition is to develop the activities under transavia brand , both from the netherlands , france and other european countries , improving efficiencies and creating new opportunities in the low cost european market .
the future is all - important at transavia . but , naturally , the company is also proud of its past achievements .
the air france strike came in response to the airline ' s recent announcement of a billion - dollar plan focused on expanding air france - klm ' s transavia low - cost subsidiary . the project calls for an investment of $ 1 . 3 billion over 5 years , as well as the addition of 50 new aircraft and 250 pilots to transavia ' s roster by 2017 .
as part of the group’s “trust together” strategic project , three major developments will allow transavia france to improve its commercial offering for its customers – - the company’s complete integration in the air france - klm frequent flyer programme . on all the company’s flights , each customer will now be able to earn miles , starting with 500 miles for a round trip with plus and max fares . - the possibility to access transavia france’s flight offering on the air france website . - the introduction , in winter 2017 , of a code - share with air france on a majority of routes .
the agreement from 2014 still exists so we are working within this agreement ,
stubler stressed , referring to transavia france ' s commitment not to open bases outside of the country and not to take over any of parent air france ' s routes .
part of the air france - klm group , transavia operates from six home bases in the netherlands and france , including its main bases at amsterdam airport schiphol and paris orly . the ambition is for transavia to become europe’s leading airline in hospitality and service . the key objectives : add new routes , appeal to business passengers as well as leisure , and create a dominant online brand .
about transavia airlines transavia airlines is a dutch airline that began operations in the year 1996 . a budget carrier , transavia has its headqarters at haarlemmermeer and operating bases at amsterdam , rotterdam , eindhoven , paris - orly , nantes and lyons . presently , the airline , with a fleet of 45 aircraft , connects to some 98 destinations in europe and north africa . fully owned and managed by air france - klm , transavia boasts of 2 , 400 full time employees . in 2014 , the airline transported some 9 . 9 million passengers and its revenues exceeded €1 billion .
transavia has very poor customer service , their call center can only sell tickets or amend a reservation . they don t have communication with other department / colleagues at transavia . they confirmed twice no payment happened however transavia did debit my account twice for one bagage . be carefull with
transaction not completed
or similar message asking to retry the payment remittance - this . . .
want to learn more about a booking or are you interested in transavia’s media ? contact us via one of the channels below .
forty aircraft . this is necessary to maintain our position as the leading point - to - point airline in europe . add to that our goals for transavia in france and we can double these figures . ”
last year transavia was proclaimed the best low cost and best charter airline for the sixth year in a row by the dutch travel world .
‘air france’ is defined as société air france , a limited liability company , incorporated under the laws of france and having its registered office at 45 , rue de paris , f - 95747 roissy cdg cedex , france , and registered with the registry of commerce and companies of bobigny under number b 420 495 178 .
the air france - klm dual network covers 328 destinations in 118 countries worldwide .
by completing a questionnaire , you can make a partnership request with air france .
we recognise the importance of our employees and continue to invest in the employee experience . this will enable them to successfully express the transavia feel and story .
“ in the years to come , we wish to develop travellers’ sense of attachment to our company , to consolidate our position as passengers’ favourite low - cost airline in france . low - cost airlines need to successfully stand out from the competition to guarantee their future ” , stated nathalie stubler , ceo of transavia france .
guillaume forestier , director of nyco’s aeronautics & defence division added : “ we are proud to count a successful airline like transavia france as our customer . it shows confidence in our products , in our logistic system and our customer support . ”
in 2017 , the air france - klm group posted overall turnover of 25 . 8 billion euros , of which 87 . 3 % was for the network’s passenger operations , 5 . 6 % for transavia and 7 . 1 % for maintenance .
air france is still thinking big for its low - cost subsidiary , transavia france . although management are honoring the terms of an existing agreement with french trade unions , the subsidiary ' s growth trajectory could put it on a collision course with workers at the mainline carrier . ( photo by kenzo tribouillard / afp / getty images )
he was appointed executive vice president human resources at air france on 4 january 2016 .
air france enjoys the status of official partner and carrier of the cannes film festival .
empty air france planes parked on the tarmac at the charles de gaulle international airport .
air france klm ' s traffic rises , sources coy on latest name in ceo . .
‘skyteam partner’ is defined as any airline member of skyteam other than air france and klm .
in september , air france ' s pilots conducted a strike that lasted over two weeks .
note that the name of this segment has been changed to ' passenger network ' from the shorter ' passenger ' in order to highlight that it includes only the network airlines air france , klm and hop , and not the point - to - point airline transavia .
starting next month , the first real changes will be visible on the website . the new international transavia website will be going live in both the netherlands and france , and the whole world can see how our digital services have been further optimised for enhanced customer convenience .
the french part of transavia has 28 aircraft , but is authorized to acquire up to 40 aircraft , which may point to an avenue for potential future growth for the airline .
media in both france and the netherlands reported last week on transavia and its shareholder structure . so far this was an internal af / kl governance and structure dialogue which became public by the publication in la tribune on november 4 th and thereafter de telegraaf november 5 th .
transavia aims to be the leading affordable and accessible airline , one that sets the tone in hospitality , service and digital services . our passengers are the focus of everything we do and we are going the extra mile to continue serving them as optimally as possible . everyone is welcome at transavia . we make no distinction on board and treat all passengers equally .
pieter bootsma is the executive vice president commercial & revenu for the air france - klm group .
air france ' s activities involve three main businesses : passenger traffic , cargo traffic and maintenance .
air france is also a partner of the angouleme francophone film festival and the deauville film festival .
air france - klm is right to put labour productivity improvement at the heart of its plans .
a graduate of the ecole polytechnique and the ecole nationale des ponts et chaussées , from 1992 to 2012 nathalie stubler held various management positions , first at air inter , then at air france , notably at the network , commercial , corporate social responsibility , revenue management and pricing divisions . in 2013 , she held an executive position at air france in charge of revenue management and network , before joining the air france klm group as svp network strategy . since september 2014 she has been chief of staff for the group ' s chairman , and secretary of the air france - klm group ' s executive committee . she joined transavia france in january 2016 as ceo .
company officials said the airline’s low - cost unit transavia was doing well in munich , where it began operations in march , and should reach one million passengers in its first year .
transavia sees tremendous changes taking place in the aviation sector , changes that the organisation cannot ignore and that have inspired the rebranding announced today . a few trends that have an impact :
the
passenger
activity involves passenger transport services on the regular flights of air france and hop ! air france . the airline ' s historical core business , passenger is also the main activity in terms of revenues ( nearly 80 % of air france - klm ' s total revenues ) .
from its very beginnings in 1933 , air france decided to handle its own aircraft maintenance operations . alongside klm , air france markets its maintenance , repair & overhaul ( mro ) services under the air france industries klm engineering & maintenance ( afi klm e & m ) brand to numerous airlines .
after beginning her career as a flight attendant at air france , she was supported by air france for her promotion as airbus a320 first officer from 2004 to 2008 and currently works on the boeing b777 .
a graduate of essec business school , marie - agnès lucas de peslouan joined air france in 1989 .
running , a form of escape through sport , lets air france customers travel all over the world .
‘company’ is defined as air france and klm , who own the programme and are operating the programme .
air france offers a line of services adapted to the needs of passengers with disabilities or reduced mobility .
the air france rules indicated on this page and in the calculator apply in most cases , as long as you are traveling on a flight with an air france flight number ( ex . af123 ) .
the hybrid consumer f263 - 0646 - 01 ( 20150126 nieuw transavia - nl ) eng att 1 . docx consumers want low prices combined with quality or deliberately choose a more expensive premium alternative .
as air france ' s second - largest activity , freight traffic ( cargo ) accounts for 9 % of the air france - klm group ' s total revenues , under the air france - klm martinair cargo brand . in response to the crisis on the global cargo market in recent years , air france has successfully conducted various restructuring operations , focusing in particular on the holds of passenger planes to transport freight .
it ' s not done yet . but it could be discussed ,
she said , when asked if the french unit will eventually base aircraft in foreign countries .
if transavia france wants to grow [ with bases ] outside france , we will have to discuss and negotiate this with the unions . . . we will be inspired by the same kind of agreements which we have signed with the unions [ in 2014 ] , to find the right conditions to open a base out of france .
are you planning a vacation and want the best deals on transavia france flights for your trip minus the hassle ? don ' t waste time browsing the web and book directly with edreams online travel agency . our speedy search engine , which quickly filters amongst thousands of flights , times and prices , will return the best deal for your route of choice in an instant . give it a whirl ! then , it ' s as simple as selecting our smart choice , featuring the direct route with the lowest price , or opting for the flight with transavia france that best corresponds to your travel needs . easy !
marie - agnès lucas de peslouan is the head of investor relations for the air france - klm group .
she was appointed permanent air france - klm representative on the board of directors , on 24 november 2016 .
air france has a policy of partnerships with an international dimension in line with its strategic priorities and values .
jean - marc janaillac , chairman and chief executive officer of air france - klm , attends a news conference at the iftm top resa show in paris , france , september 20 , 2016 . reuters / jacky naegelen
air france - klm chairman and chief executive , alexandre de juniac gives a press conference , in paris .
air france works together with the french ministry of foreign affairs to celebrate gastronomy throughout the world and the values it conveys in france and abroad : sharing , pleasure , respecting the health of its contemporaries and the planet .
transavia was one of the first . com airlines and for years , has ranked among the most successful web shops in the netherlands in sales numbers . consumers have repeatedly proclaimed urltoken the best airline ticket website .
speaking after the launch of new routes to london , edinburgh and vienna , stubler said the subsidiary is broadening its gaze beyond the mediterranean markets that currently dominate its network . transavia france ' s fleet has grown from 14 to 26 aircraft since 2014 , when unions sanctioned its expansion program in exchange for concessions by management .
air france - klm ceo alexandre de juniac told analysts that a plan for air france - klm to integrate the management and ownership of the two halves of transavia into a single holding company was
probably mid term
. it would offer advantages in terms of efficiency and strategic focus and would be a simpler tool with which to participate in what mr de juniac called the
lcc consolidation that will naturally happen in europe
.
in 2016 the air france - klm group plans ask growth across all of its passenger airlines in the range of 1 . 0 % to 1 . 4 % , maintaining its tight capacity discipline ( it has typically remained in a range of 1 % to 2 % in recent years ) . air france will reduce capacity by 2 % , klm will grow by 3 % and transavia will accelerate to ask growth of 15 % .
he joined air france in november 2015 , and on 4 january 2016 was appointed executive vice president human resources .
the level of customer service offered by transavia deserves a wider audience . business travellers are increasingly opting for more affordable flights . that is why we no longer focus on holidaymakers alone , but also on business travellers .
in 2011 , she was appointed head of corporate finance , in charge of negotiating and preparing air france asset financing , notably for the air france - klm group’s real - estate assets and aircraft , as well as bond issues .
in france and the netherlands , in spite of munich ' s relatively high airport charges . this is thanks to a new contract for flight crew ( in particular , pilots ) , the outsourcing of ground operations and a lack of additional overhead . munich is expected to be a relatively high - yield market . further development of transavia across
air france is also involved with local races like run my city , run in marseille , run at work etc .
air france - klm makes progress in 2015 , but still has more to do . labour productivity is at the heart
both major groups within the air france - klm group enjoyed an improvement in both revenue and operating profit in 2015 .
you are traveling to or from the united states or canada and the 1st transatlantic flight has an air france flight number . in this case , the air france rules apply to all flights on your trip ( departure and return ) .
the re - branding was an integrated process combining company strategy , e - commerce and brand design . with leading digital agency mirabeau , transavia began to work on a new e - commerce platform to increase ancillary sales , improve the conversion of flights and reduce operational costs . having identified the need to redefine transavia’s positioning and visual identity ( in accordance with mirabeau’s e - commerce strategy and concept ) studio dumbar was invited to join the team .
you are traveling on a direct flight ( take - off , landing ) with an air france flight number . in this case , the air france rules apply to your flight . please check the rules that apply to your return flight .
in the passenger network business , long haul profits soared and medium haul losses narrowed . lcc brand transavia made another loss , but laid plans for its first base outside the netherlands and france , to be established in munich in mar - 2016 . in the cargo segment , losses deteriorated in spite of capacity cuts , especially in its full freighter operation .
the latest strike comes just months after the country ' s air traffic controllers walked off the job in june , causing the cancellation of 1 , 800 flights . this time , strikers are protesting air france ' s plans to transition short - haul and domestic service to the company ' s low - cost and lower - salaried dutch subsidiary , transavia .
in 2000 , air france , aeromexico , delta and korean air created the skyteam alliance , which now has 20 members .
you must pay a fee of €100 * for flights between metropolitan france and french guiana , guadeloupe , martinique or reunion .
transavia flights can be booked directly on the website using american express , visa or mastercard credit cards . payment for tickets can also be paid as cash at authorised sales offices . besides flights , transavia also makes booking of hotels and renting of cars available on one platform . not just that , even booking airport transfer and parking spot can be made in a jiff . don’t forget to check out the offers section to enjoy some great bargains on flights and hotels .
“ so far , turbonycoil ® 600 has demonstrated excellent performances , while the supply chain , technical and customer support services provided from nyco have been very satisfactory . ” said patrick niveau , technical director & fleet manager , from transavia .
air france flight crews demanded that all of the company ' s pilots work under the same compensation scheme . according to the wall street journal , annual compensation for air france pilots start at $ 100 , 000 and can reach $ 300 , 000 .
air france - klm makes progress in 2015 , but still has more to do . labour productivity is at the heart | capa
it ' s monday morning and once again , the french are on strike . this time , it ' s air france .
transavia continues to develop , thanks to its low - cost flights operated on departure from france and the netherlands bound for destinations across europe and the mediterranean rim . the company is reaffirming its growth objectives : become customers’ low - cost carrier of choice , maintain its leading position in the netherlands and become the number one company on departure from paris - orly to european destinations .
air france - klm ' s 2015 results presentation indicates that transavia ' s fleet will grow to more than 65 aircraft in 2017 , which is still smaller than the lcc fleets of its rival european legacy groups lufthansa ( with eurowings ) and iag ( with vueling ) . moreover , all three of these legacy - owned lccs will be much smaller than the leading independent european lccs .
the passenger & cargo network segment offers transportation services on the scheduled flights of the network airlines air france , klm , hop and joon .
you have at least one connection and the 1st flight between continents ( or between countries within the same continent ) has an air france flight number . the air france rules apply to all flights until your final destination . please check the rules that apply to your return flight .
you are traveling between miami and cayenne , fort - de - france , pointe - à - pitre or port - au - prince .
left lyon on time great flight plane full . the personel on bord very good and helpful . the pilot gave information very good . the return flight from crete on time no problems . so our next destination will be with transavia . thanks to the company .
born on 24 november 1961 , after studying tourism , valérie coulon joined air france in 1984 as a passenger service agent at cdg airport in passenger operations and sales . she then worked as a passenger service agent at nantes airport from 1995 to 2002 . for 12 years , she was a sales agent at the air france ticket office in nantes . she was also a cfdt union staff representative for the entire western france area .
klm ' s operating margin of 3 . 9 % again beat that of its larger sister company air france , whose margin was 2 . 8 % . nevertheless , 2015 was significant for air france in that it was its first year of positive operating profit since the year to mar - 2008 .
28 usd for flights departing from miami to cayenne , fort - de - france , pointe - à - pitre or port - au - prince .
75 usd for flights departing from miami to cayenne , fort - de - france , pointe - à - pitre or port - au - prince .
renowned in the aviation industry for its involvement in digital innovation , air france continually adapts to changes in its passengers ' expectations and habits by providing exclusive and innovative services and features before , during and after flights ( af press , travel by air france , on - board connectivity , etc . ) .
air france - klm development of capacity ( ask million ) and load factor ( % ) ( 12 month period to date shown ) 2005 - 2015 .
born in 1974 , and a graduate of the ensta paris tech , eric caron joined air france in 1998 as analyst medium - haul flight schedule in the network department . in 2001 , he held the position of analyst reporting to the ceo of cityjet ( dublin ) . in 2003 , he joined the revenue management team , in charge of inventory management for the americas , caribbean and indian ocean regions in the air france - klm revenue management division . in 2006 , he was manager information systems in the air france - klm network department . in 2009 , he became director scheduling , in charge of scheduling planning and scheduling adjustment and in 2010 , he was appointed vp pricing and revenue management medium - haul for air france - klm . in 2014 , he was appointed general manager for air france - klm mexico . since march 2016 , he has held the position of vp and general manager for air france - klm in the usa .
air france - klm generated a return on capital employed of 8 . 6 % in 2015 , a leap from 1 . 7 % in 2014 , but short of its 2017 target range of 9 % to 11 % . as the world airline industry already approaches levels of profitability higher than previous cyclical highs , air france - klm will need continued assistance from the global cycle . it will also need a new agreement on labour productivity , particularly with air france flight crew .
transavia aims to be the most affordable and accessible airline in europe . that is why the company is presenting today a new brand identity and ambitious goals for the future . hospitality , service and digital services are focal areas in the goal to grow to 10 million leisure and business passengers a year .
he was a member of the klm executive committee from 2011 to 2013 and has been a member of the air france - klm excom group since january 2013 .
its partnership with unifrance allows air france to position itself as the airline ambassador of french cinema around the world , enabling french actors to meet their international audiences .
- since the 1990s , france has continued to be the world ' s leading tourist destination and in 2011 , the country registered over 79 million international arrivals .
air france makes every effort to answer your questions and accomodate your requests . don ' t hesitate to consult our search engine or to consult our help sections below .
air france makes every effort to answer your questions and accommodate your requests . don ' t hesitate to use our search engine or to consult our help sections below .
on 15 march 2018 , for the third year in a row , air france received first prize at the customer relations awards in the transport sector . in choosing the winner of this award , three parts of customer experience are evaluated : execution , connection and emotion . this award once again rewards the commitment of the air france teams . by digitizing its services , air france is today able to respond to its customers 24 / 7 on all its channels in france and abroad . in addition , the company is continuing its commitment to a vast revaluation of all its products and services and strives to make a difference through a caring attitude and personalized relations with all its customers .
air france is a leading global player in its three main areas of activity : passenger transport , cargo transport and aircraft maintenance . from its hubs at paris - orly and paris - charles de gaulle airports , the airline operates flights to 195 destinations and 91 countries . air france is a founding member of the skyteam global alliance , alongside korean air , aeromexico and delta . with the north american airline , air france has also set up a joint venture dedicated to the joint operation of several hundred transatlantic flights every day .
founded in 1933 , air france is the number one french airline and , together with klm , one of the world ' s largest air carriers by revenue and passengers transported .
since october 2010 , she has been vice president human resources for the american company aptargroup , member of the executive committee and president of the european head office based in france .
as a result , he said air france - klm saw more promise in developing joint ventures like the one it already has with u . s . carrier delta air lines (
* proforma for year to dec - 2011 . note : accounting year end changed from march to december in 2011 source : capa – centre for aviation , air france - klm
air france governance is structured around two bodies , the board of directors comprising 18 directors on one side and the executive committee comprising 15 operational managers of the company and its subsidiaries .
mr de juniac told analysts that air france could return to growth on long haul in 2017 if a satisfactory productivity agreement could be reached with labour representatives . the group ceo also said that air france - klm was watching the development of the long haul low cost model very closely and considering whether it was possible for the group to do something in this segment .
as the world ' s second - largest airline alliance , skyteam enables its member airlines , including air france , to develop and supplement their respective offerings with flights operated by their partners .
you must pay a fee of €100 for flights between metropolitan france and french guiana , guadeloupe , martinique or reunion . please note that prior approval from our customer service department is required .
thanks to its membership of the skyteam global alliance and the transatlantic joint venture set up with its partners delta and alitalia , air france is significantly enriching its global network to serve its passengers .
he said he was not expecting the lack of trust he found between parts of the organization after the 2014 pilot strike and between parts of air france and klm , which merged in 2004 .
‘overall extending activity’ is defined as an activity that rewards the member with xp ( eligible flights ) or any other earn activity designated as an overall extending activity in the flying blue communication and which therefore extends the validity of all miles , such as flights on transavia that earn miles and payment with the co - branded credit cards listed in the flying blue communication .
1 . 5 . 2 personal data shall be used and exchanged by air france , klm and the partners as required for the operation of the programme . furthermore , in order to enable air france , klm or the partners to offer products and services as well as for their direct marketing or communication purposes , to the extent that the member has consented to such direct marketing or communication , information concerning the member and the member’s programme participation may be transmitted confidentially between air france , klm and the partners for their sole usage . for further details we refer to the klm privacy policy at
he began his career at air france cargo in september 1978 until 2015 , when he joined the economic management division . he has held various positions including president of the national joint committee for air transport employment , cgt administrator of the professional parity section , member of the higher council of civil aviation and vice - president of the central commission employment and training of the air france central works council .
the joint venture set up by air france - klm , delta and alitalia is contractual . it involves a partnership and therefore the sharing of tasks , costs and revenues , with no capital contribution .
born in 1961 , alain malka is a graduate of supareo french aerospace engineering school . he joined the air france transport division in 1985 . in 1988 , he was put in charge of duty scheduling for flight crews and became deputy station manager in marseille in 1991 and deputy station manager at orly in 1994 . in 1995 , he was appointed long - haul station manager at paris - charles de gaulle airport and took part in launching the hub in april 1996 . in 1997 , he was appointed ground operations human resources manager for orly and the french provinces and then for all ground operations , including the cdg hub . in 2000 , he was appointed flight crew human resources manager and , in 2004 , became vice president human resources for air france . in 2010 , he was appointed senior vice president caribbean and indian ocean air france - klm . in 2013 , he was appointed executive vice president air france cargo . he now holds the position of executive vice president of hop ! air france .
between march 2015 and april 2018 , mrs . damon was elected titular member of the flight operations works committee and elected reserve member of the air france central works council . she was secretary general of the air france section of the snpl union from december 2014 to may 2017 and director of the appn ( association in charge of life insurance coverage for flight personnel ) from march 2013 to may 2017 .
air france - klm returned to profit in 2015 , turning a net loss of eur225 million in 2014 into a positive net result of eur118 million . the operating result improved from a loss of eur129 million in 2014 to a profit of eur816 million in 2015 . the 2014 result was adversely affected by pilot strikes , without which air france - klm would have reported an operating profit of eur296 million .
i fly with transavia 3 - 6 round trips per year in average service for the last 5 years and had issues in at least half of them . when calling customer service you are always sent to an online form who is followed up by a robot . . . so i stopped even trying to deal with them . . . just swallow the bad service . . .
pilots for air france have forced the country ' s national carrier to scrap half of its flights on monday , reports the afp . should the strike continue into tuesday , the airline expects to cancel as much as 60 % of its scheduled service . as a result , air france - klm stock has slipped 3 . 5 % . this could cost the airline as much as $ 19 million a day .
‘airline reward’ is defined as any reward available on air france , klm , and airline partners . airline rewards may include , but are not limited to , reward tickets , reward upgrades , and extra options .
‘miles’ is defined as miles earned on air france , klm , airline partners and non - airline partners in accordance with the procedures set forth in flying blue communication . miles can be used to obtain rewards .
le 15 mars 2018 , air france a reçu pour la troisième année consécutive , le premier prix du podium de la relation client dans le secteur transport . afin de décerner ce prix , trois angles de l ' expérience client sont évalués : l ' exécution , le lien et l ' émotion . cette récompense vient à nouveau saluer l ' engagement des équipes d ' air france . en digitalisant ses services , air france est aujourd ' hui en mesure de répondre à ses clients 7 jours sur 7 et 24 heures sur 24 sur l ' ensemble de ses canaux en france comme à l ' international . par ailleurs , la compagnie poursuit son engagement dans une vaste dynamique de revalorisation de l ' ensemble de ses produits et services et s ' attache à faire la différence grâce à une relation attentionnée et personnalisée auprès de tous ses clients .
the lcc increased its asks by 5 . 3 % ( focused on france , where capacity was up 24 . 6 % ) and its load factor gained 0 . 1ppts to 89 . 9 % . passenger numbers grew by 9 . 0 % to 10 . 8 million . air france - klm said that its operating result was in line with its plan and that it remains on course to break even in 2017 .
born on 30 august 1960 , marie ramon joined air france as a stewardess on long - haul in 1983 . she was on the board of directors from 2002 to 2004 . she currently works as a flight attendant .
le 14 janvier 2016 , air france a reçu le prix de la « meilleure première classe disponible entre la grande chine et l’europe » . cette distinction a été remise dans cadre des hurun best of the best awards .
1 . 2 . 6 rewards , benefits and opportunities to gain xp and / or to earn miles and / or spend miles will be subject to the general terms and conditions of the partner providing the promoted facilities . these general terms and conditions shall be sent to a member when the member submits a request for them to such a partner . all air france flights will be subject to air france’s conditions of carriage which are available on
1 . 6 . 3 the company reserves the right to inform the security officers of air france , klm , skyteam partners or any other partner about the serious misbehaviour of the member or discrepancies in the member’s account .
the transatlantic joint venture set up by air france - klm , delta and alitalia involves the joint operation and the sharing of revenues and costs of over 250 daily transatlantic flights connecting the nine hubs run by the four airlines .
‘eligible flight’ is defined as the flight being made on air france , klm , skyteam partners and any airline partner designated as such in flying blue communication , for which both xp can be gained and miles can be earned .
for flights within the caribbean ( cayenne , fort - de - france , miami , pointe - à - pitre , port - au - prince or santo domingo ) , you must pay a fee of €55 . * *
booking was easy . checking in was also easy . my first issue was receiving multiple emails asking me to be at orly airport 3 hours before a 6 : 30 am flight . orly is barely open at 3 : 30 , and hall a serving transavia does not open till after 4 ( i believe 4 : 30 ) . i am glad i arrived at 4 : 30 , however , because although orly . . .
on a conference call to discuss the 2015 results , air france - klm management told analysts that the underlying 4q trend was a little better ( - 0 . 7 % ) , and that the paris impact was now receding .
according to afp , air france has sent 65 , 000 text messages to passengers affected by the strike — called by its main pilots ' union , snpl — and deployed some 7 , 000 extra workers to help stranded customers .
“the goal is to restore confidence and trust where it’s lacking , and secondly to clarify some strategic options , ” he said , citing specific questions about how air france - klm planned to compete with low - cost carriers and others .
so , in 2015 , some labour productivity indicators improved and some deteriorated . nevertheless , in absolute terms , air france in particular remains a laggard on labour productivity , compared with other european legacy airlines , and needs to improve significantly .
holding a confirmed ticket ? you can view or manage your itinerary on the homepage . you can also check - in online 24 hours before departure . transavia allows fliers to carry 1 cabin baggage of max 10kg weight . as for check - in baggage , fliers can book the needed online at an affordable rate . each person is allowed to carry a weight of up to 50kg . for dimensions , rates and permitted items read the baggage guide here .
like air france , the german national airline wants to expand low - cost operations . as reuters reported , this will enable lufthansa to go toe - to - toe with budget carriers such as ryanair and easyjet on short - haul european routes .
franco - dutch air france - klm has struggled in recent years with weak demand and overcapacity across the industry . it has been striving to cut costs to compete better with deep - pocketed gulf airlines and fast - growing european low - cost carriers .
amel hammouda , born in 1977 , is a graduate of the ecole centrale de lyon . she also holds a master of science in transportation from the university of southampton . between 1999 and 2016 she held various positions at air france and air france - klm , mainly in the revenue management , strategic planning and network departments . she was senior vice president network until january 2017 . appointed chief transformation officer , she is in charge of steering the trust together strategic plan and leading the internal digital transformation program .
born in 1966 , marc verspyck is a graduate from the ecole supérieure de commerce de paris and holds a master degree ( dess ) in finance from paris dauphine university . he started his career in air inter as planning manager and later as ground handling manager . he headed the corporate finance department of air france until 2005 , in charge of long term financing of air france , closing numerous deals ( secured financings , syndicated loans , securitization , convertible bond ) . he was in charge of the subsidiaries and investments between 2005 and 2007 , controlling their financial performance , the investments and seating at various boards . he was appointed senior vice - president finance of air france in september 2007 . his responsibilities include treasury , corporate finance , tax and employees profit sharing schemes .
renowned the world over for the quality of its offering , the structure and density of its network and its efforts in digital innovation and customer service , air france is regularly recognised with awards in a variety of fields and in all regions of the world .
lors des freddie awards organisés le 28 avril 2016 à las vegas , le programme de fidélité d’air france flying blue a remporté 4 prix pour la région europe / afrique , dont celui du meilleur programme de fidélité de l’année dans le secteur du transport aérien .
the airline has cancelled more 200 hundreds flight on monday at its charles de gaulle hub in paris . there is no word how negotiations are progressing between air france and its pilots union . however , the strike is scheduled to last up to six days .
passenger load factor increased once more , this time by 0 . 4ppts to 85 . 1 % , keeping air france - klm ahead of both iag ( 81 . 4 % ) and the lufthansa group ( 80 . 4 % ) on 2015 load factor .
born on 12 may 1959 . after obtaining a bachelor ' s degree in 1978 in tours , didier dague studied law . he joined air france on 13 april 1987 . he joined the paris area commercial division as a customer liaison officer in 1987 and is still administratively attached to the commercial france division as a group negotiator for the tour operator department . he represents the “fédération de l’equipement de l’environnement , des transports et des services force ouvrière” at the civil aviation council and the civil aviation section of the european federation of transport .
aviation maintenance is the air france - klm group ' s third - largest business , with external revenue of €1 . 577 billion . in 2015 , the order book of the afi klm e & m division saw strong growth , rising 12 % over the year .
lors de la remise des prestigieux business traveller cellars in the sky awards 2017 , qui s’est tenue le 19 février 2018 à londres , air france a été largement récompensée pour la qualité exceptionnelle des vins et champagnes servis à bord de ses cabines la première et business .
the total tourist volume in france , including inbound , domestic and outbound , declined during the review period ( 2007 - 2011 ) . the main reasons for this decline include stagnated economic growth , job losses , significant reductions in corporate travel budgets and rising fuel prices .
ensea graduate and former research assistant at university of california , berkeley ; jean - michel mathieu joined the air france flight scheduling division in 1996 . 1999 – appointed head of revenue management for the domestic network . 2001 – head of revenue management and revenue integrity project management 2003 – director of e - commerce at the distribution division . 2007 – director of future long - haul network planning at the scheduling division 2010 – head of alliances at the international affairs and alliances division 2012 – vp digital division 2014 – vp direct sales air france - klm
in 2011 , he became head of marketing , network and revenue management for klm before carrying out the same activities within the air france - klm group in 2013 . he was also a member of the airline tariff publishing company council ( washington ) from 2004 to 2009 .
air france - klm martinair cargo places an emphasis on the capacities provided by the holds of its passenger aircraft , which enable 90 % of freight be transported . these capacities are supplemented by those of the all - cargo aircraft , which support the group ' s renowned expertise in transporting exceptional goods and serving supplementary stopovers . air france - klm also aims to grow its revenues by developing high value - added freight , such as express freight and post , which is expanding on the back of e - commerce , the pharmaceutical sector and aerospace .


ovation pharmaceuticals is an american manufacturer and distributor of pharmaceuticals products .

it was founded in 2000 by jeffrey aronin and is headquartered in deerfield , illinois .

a major office is also located near lebanon , new jersey .

ovation is a privately held corporation based on a business model of acquiring mature but under-promoted pharmaceuticals , as well as pharmaceutical candidates which are far along the development and fda certification processes .

since 2009 the company has been wholly owned by the danish pharmaceutical company lundbeck .

ovation pharmaceuticals

concurring statement of commissioner jon leibowitz in re federal trade commission v . ovation pharmaceuticals , inc .
concurring statement of commissioner j . thomas rosch - federal trade commission v . ovation pharmaceuticals , inc .
ovation pharmaceuticals , inc . , 1 overlook point , lincolnshire , il 60069 , usa . bdeutsch @ urltoken
ovation pharmaceuticals acquires rights to commercialize xenazine® ( tetrabenazine ) in u . s . for chorea associated with huntingtons disease
before he became governor , bruce rauner’s private - equity firm invested heavily in another aronin company , ovation pharmaceuticals of deerfield .
marathon pharmaceuticals ' deflazacort , used to treat patients with a fatal . . .
h . lundbeck will acquire ovation pharmaceuticals in an all - cash transaction that values ovation at up to $ 900 million ( approximately dkk 5 . 2 billion ) . the boards of both companies have unanimously approved the transaction .
consider ovation pharmaceuticals of deerfield , ill . back in august 2005 , ovation bought from merck a drug called indocin iv , which at the time was the only approved product to treat a life - threatening heart condition in premature infants .
desoxyn is manufactured legally in the us for prescription use by international pharmaceutical group lundbeck , following the danish - based firm’s acquisition of the drug’s sole manufacturer , ovation pharmaceuticals .
friday , ovation received a boost when the fda approved blood treatment atryn , the first drug developed from a genetically altered animal , which ovation will market .
danish drug maker lundbeck has agreed to acquire ovation pharmaceuticals inc . for up to $ 900 million . the deal , dow jones newswires reports , is expected to close in march 2009 .
desoxyn was first produced in 1942 by abbot laboratories . in the early 21st century the rights to the drugs manufacture were bought by ovation pharmaceuticals , who were taken over by lundbeck in 2009 .
ovation pharmaceuticals , based in deerfield , ill . , rejected the commission ' s allegations . it said neoprofen is superior to indocin and is not interchangeable for most premature infants with the heart defect .
( ftc file no . 081 - 0156 ) ( ovation . final . wpd )
the federal trade commission said in a civil lawsuit that ovation pharmaceuticals illegally maintained a monopoly in drug treatments for the heart defect . the commission seeks to prevent ovation from maintaining simultaneous interest in the two drugs - - neoprofen and indocin . also , it seeks forfeiture of all unlawfully obtained profits .
we are very pleased to complete the sale of ovation to lundbeck ,
added jeff aronin .
the ovation team is excited today to begin our new partnership with lundbeck and to continue ovation ' s efforts to develop drugs for severely ill patients with unmet medical needs .
also , in 2008 , the ftc sued ovation pharmaceuticals , a deerfield - based company also founded and led by aronin . the ftc accused ovation of violating antitrust laws by acquiring neoprofen — the only drug in competition with a drug it already owned , indocin , to treat a congenital heart defect affecting babies born prematurely .
gtcr partnered with jeffrey s . aronin , president and ceo of ovation , and wilbur ( bill ) h . gantz , chairman of ovation , in 2002 . since that time , with capital from gtcr , ovation has made 10 major acquisitions , purchasing 20 marketed and development - stage drugs .
ovation pharmaceuticals was acquired by lundbeck . , inc . exsxcyrcvfyxbdaxyxussewcfwsa , in march 2009 . the company was founded in 2000 , and as of its acquisition in 2009 it operates as a subsidiary of h . lundbeck a / s .
biovail will commercialize tetrabenazine tablets in canada ( marketed under the nitoman® brand name ) through the biovail pharmaceuticals canada sales force . biovail will
prestwick recently entered into an exclusive agreement with ovation pharmaceuticals , inc . , a leading u . s . - based specialty biopharmaceutical company , to commercialize xenazine® in the u . s . the products commercial launch is anticipated late - 2008 .
ovation received $ 600 million of cash consideration at closing and will receive up to an additional $ 300 million based on certain regulatory milestones for sabril® ( vigabatrin ) , a drug currently under development by ovation .
chicago - ( business wire ) gtcr , one of the nation ' s leading private equity firms , announced today that it has completed the previously announced sale of ovation pharmaceuticals , inc . ( ovation ) , a leading u . s . biopharmaceutical company . ovation was acquired by h . lundbeck a / s ( lundbeck ) , an international pharmaceutical company based in copenhagen , denmark . the all - cash transaction will include payments of up to $ 900 million .
goldman sachs advised ovation on its sale . kirkland & ellis llp and katten muchin rosenman llp provided legal counsel to ovation . morgan stanley advised gtcr on the transaction . lundbeck was advised by deutsche bank and morgan lewis .
la jolla , calif . , sept . 9 , 2013 ( globe newswire ) - - innovus pharmaceuticals , inc . , (
innovus pharma
) urltoken ( otcbb : innv ) announced today it has entered into a license and distribution agreement with ovation pharma sarl (
ovation pharma
) under which innovus pharma granted to ovation pharma an exclusive license to market and sell innovus pharma ' s topical treatment for reduced penile sensitivity , circumserum™ , in morocco . ovation pharma may pay innovus pharma up to approximately $ 11 . 25 million for commercial milestones . in addition , ovation pharma has agreed to certain upfront minimum purchases of circumserum based upon an agreed upon transfer price and yearly minimum purchases .
the mg sales levels presented above are consistent with the mg projections provided in the ovation pharmaceuticals , inc . (  ovation  ) u . s . marketing plan letter , dated as of 5 september 2008 . note that the marketing plan letter is on a calendar basis while the above quantities are on a 12 month basis . thus , some variance will exist .
chief executive ulf wiinberg said during a conference call that the acquisition of ovation “definitely goes a long way” to replacing lexapro and singled out ovation’s seizure and spasm drug candidate sabril , which an expert panel recently recommended the fda approve .
prestwick pharmaceuticals recently entered into an exclusive supply and marketing agreement with ovation pharmaceuticals , inc . for xenazine® in the u . s . following biovails acquisition of prestwick , biovail will supply the product to ovation for a variable percentage of the products annual net sales . for net sales up to $ 125 million , biovails supply price will be 72 % of net sales . beyond $ 125 million , biovails supply price will be 65 % of net sales . at both tiers , biovail will pay a supply price of 50 % of net sales to cambridge .
emanuel supporter jeffrey aronin’s northbrook - based marathon pharmaceuticals has drawn heavy criticism after listing an annual dosage of a new muscular dystrophy drug at $ 89 , 000 .
once ovation acquired the rights to the competing drug , it promptly raised its price for indocin from $ 36 to $ 500 per vial . when neoprofen was launched in july 2006 , ovation set a price of about $ 483 a vial .
by acquiring neoprofen , the complaint alleges , ovation preserved its u . s . monopoly in drugs used to treat patent ductus arteriosus in premature babies . following the acquisition , ovation promptly raised the price of indocin to nearly $ 500 per vial , and when it introduced neoprofen , set the price at virtually the same level . merck supplied indocin to ovation for a small fraction of the price ovation charges . nearly three years later , ovation continues to charge artificially high prices for both indocin and neoprofen . the fda approved a generic version of indocin in july 2008 , but to date it has not entered the market .
ovation , a privately owned corporation based in deerfield , illinois , sells pharmaceuticals in more than 85 countries , including the united states . in august 2005 , ovation purchased the rights to indocin from merck . at that time , neoprofen was awaiting regulatory approval by the food and drug administration . according to the ftc’s complaint , ovation expected that neoprofen , once approved , would take a substantial portion of sales from indocin . to eliminate the threat that neoprofen posed , the commission charges , ovation acquired the u . s . rights to neoprofen from abbott laboratories in january 2006 . the neoprofen transaction fell below the regulatory threshold for reporting acquisitions to the federal antitrust authorities .
law360 ( october 15 , 2009 , 7 : 35 pm edt ) - - a federal judge has refused to dismiss a putative class action accusing ovation pharmaceuticals inc . and lundbeck inc . of jacking up the prices for pharmaceutical treatments of a certain congenital heart defect suffered most frequently by premature infants .
according to the ftc , ovation preserved its u . s . monopoly in drugs used to treat pda by acquiring neoprofen . in its press release announcing the action , the agency pointed to ovation’s pricing practices following the acquisition . the ftc said : “ovation promptly raised the price of indocin to nearly $ 500 per vial , and when it introduced neoprofen , set the price at virtually the same level . . . nearly three years later , ovation continues to charge artificially high prices for both indocin and neoprofen . ”
deerfield , ill . , [ date ]  ovation pharmaceuticals , inc . announced today that it has acquired from prestwick pharmaceuticals the exclusive license in the united states to commercialize xenazine® ( tetrabenazine ) , an orphan drug recently approved by the u . s . food and drug administration ( fda ) for the treatment of chorea associated with huntingtons disease ( hd ) . financial terms of the deal were not disclosed . subsequently , biovail corporation , canadas largest publicly traded pharmaceutical company , acquired prestwick .
the drug had languished since 1998 when its original maker abandoned it because of the vision side effects . a tiny biotech , ovation pharmaceuticals , picked it up in 2003 , and fought for six years to get it approved . its path to patients was the longest of any medicine on record - - 14 years .
the federal trade commission today filed a complaint in federal district court challenging ovation pharmaceuticals , inc . ’s january 2006 acquisition of the drug neoprofen , which eliminated its only competitor for the treatment of a serious and potentially deadly congenital heart defect affecting more than 30 , 000 babies born prematurely each year in the united states . when it acquired neoprofen , ovation already held the rights to indocin i . v . , the only other drug used to treat this serious condition . after ensuring that it would not face competition from neoprofen , ovation promptly raised the price of indocin nearly 1 , 300 percent , from $ 36 to nearly $ 500 a vial . when it launched neoprofen in july 2006 , ovation set a similarly inflated price .
in addition , biovail holds an option to develop future related products with ovation for the u . s . market in conjunction with cambridge .
in december 2008 , the ftc and minnesota filed a complaint against ovation pharmaceuticals , inc . , which was later acquired by lundbeck . the suit challenged the company’s 2006 acquisition of the rights to market neoprofen ( injectable ibuprofen ) —a drug used to treat premature infants with a heart condition known as patent ductus arteriosus ( pda ) .
indocin was approved by the food and drug administration to treat the heart defect in infants in 1985 . ovation bought the rights to indocin from merck . merck agreed to manufacture the drug and supply it to ovation . after the deal , the drug ' s price increased to $ 36 .
the ftc says ovation bought out its only competitor , and then charged
monopoly prices ,
to the tune of about a 1 , 300 percent increase in price . the competitor medication , neoprofen , was under development by abbott laboratories when ovation purchased it and subsequently received fda approval .
ovation made several additional neurology acquisitions , further transforming the company . most importantly , ovation acquired the u . s . commercial rights to xenazine , the first drug approved in the u . s . for the treatment of chorea , a debilitating movement disorder associated with huntington’s disease . ovation successfully leveraged its neurology sales force to launch xenazine in the u . s . and further establish its credibility and critical mass as a neurology specialty company .
at a meeting of the child neurology society in vancouver , shields saw a booth for a new start - up , ovation pharmaceuticals , which was seeking new products . he sold them on sabril . the fda had never closed the file on the drug , and in december 2007 , shields ' data formed the basis of a new drug application for infantile spasms .
innovus pharma , headquartered in la jolla , california , is an emerging pharmaceuticals company that delivers innovative and uniquely presented and packaged health solutions through its over - the - counter medicines and consumer and health products .
ovation ultimately was sold to pharmaceutical company h . lundbeck in 2009 for $ 900 million . aronin served as lundbeck ' s ceo and president after the acquisition .
commissioner rosch’s concurring statement explains that like commissioner leibowitz , he would have also voted to challenge ovation’s earlier acquisition of indocin . commissioner rosch wrote “ . . . there is reason to believe that merck’s sale of indocin to ovation had the effect of enabling ovation to exercise monopoly power in its pricing of indocin . . . [ and ] had the effect of substituting ovation , a firm that had an incentive to protect its ability to engage in monopoly pricing , for merck , which lacked the same incentive . ” commissioner rosch added , “ . . . it is hard to imagine a more compelling case for application of this legal theory . ”
the acquisition of ovation delivers on lundbeck ' s strategic goal to build a commercial infrastructure in the u . s . ovation has a broad portfolio of marketed products and a pipeline of products primarily focused on cns . that pipeline is expected to significantly drive growth in the coming years through multiple new product launches , according to the companies .
unfortunately for ovation , abbott laboratories was in the process of winning approval from the food and drug administration of a product that would compete with indocin . so in january 2006 , ovation purchased the rights for the second drug , neoprofen . according to a complaint filed in december by the ftc , ovation then raised the price of indocin by nearly 1 , 300 percent , from $ 36 per vial to nearly $ 500 . when neoprofen eventually hit the market , it was priced at roughly the same level .
the company
welcomes the opportunity to demonstrate in court in minneapolis that the ftc ' s allegations and claims are without merit ,
ovation said in a prepared statement .
ftc commissioner jon leibowitz said of the issue ,
ovation ' s profiteering on the backs of critically ill premature babies is not only immoral , it is illegal .
marathon pharmaceuticals is only 6 years old , but this week ' s uproar surrounding its $ 89 , 000 muscular dystrophy drug isn ' t the first time the company — or its ceo — has faced outrage over drug pricing .
“by acquiring its only competitor in the treatment of a serious heart condition affecting premature babies , ovation has been able to charge dramatically higher prices for its drugs , ” said acting ftc bureau of competition director david p . wales . “while ovation is profiting from its illegal acquisition , hospitals and ultimately consumers and american taxpayers are forced to pay millions of dollars a year more for these life - saving medications . the action taken today is intended to restore the lost competition and require ovation to give up its unlawful profits . ”
the u . s . federal trade commission alleged in december that ovation bought the only rival to its medicine treating babies with a rare heart defect and then charged “monopoly prices” for both products . the ftc asked a federal court to block ovation from owning the two drugs and to require the company disgorge all profits from the “unfair method of competition . ”
ovation pharma , headquartered in casablanca , morocco , is a fast growing specialty pharmaceutical company that in - licenses , promotes and markets prescriptions and otc products . ovation pharma ' s expertise in medical promotion , regulatory affairs and marketing strategy allows it to be a partner of choice for multinational corporations expecting to break into the moroccan pharmaceutical market with emerging products .
ovation also faced charges of inflating the prices of its products . at the time , aronin replied that it costs huge sums for his company to develop and market its products .
this letter and attachments are an update to the march 2007 xenazine® u . s . marketing plan prepared by prestwick pharmaceuticals . inc . (  prestwick  ) and the ovation pharmaceuticals , inc . ( ovation ) u . s . marketing plan letter , dated as of 30 july 2008 ( in the event the details of the original marketing plan and the two subsequent update letters conflict the terms of this update letter shall prevail ) . this update to the marketing plan incorporates the topics we discussed in our meeting held this week in chicago including our pricing strategy for xenazine and our plan for reimbursement and patient assistance . per your request , we are providing you with detail regarding our pricing assumptions and associated sales and quantity projections as well as detailed projections and estimates of gross to net adjustments associated with specialty pharmacy fees , patient assistance and co - pay assistance programs .
the company strongly disputes the claims in the complaint , strongly disputes the ftc ' s characterization of the facts and the propriety of seeking disgorgement ,
ovation said in a statement .
the commission’s complaint charges that ovation’s acquisition of neoprofen substantially reduced competition in violation of section 7 of the clayton act , and illegally maintained the company’s monopoly of drug treatments for patent ductus arteriosus in violation of section 5 ( a ) of the ftc act . the commission is seeking equitable relief , including divestiture and disgorgement of unlawfully obtained profits from ovation’s sales of indocin and neoprofen .
overall from 2002 to 2009 , gtcr and its management partners at ovation strategically transformed 10 separate acquisitions of pharmaceutical assets into a neurology - focused biopharmaceutical company with an excellent commercial platform and a portfolio of clinically unique drugs targeting largely unmet medical needs . in february 2009 , after a robust sale process , ovation announced an agreement to sell the company to lundbeck , an international pharmaceutical company .
closely - held ovation has 283 employees and expected earnings before interest and taxes of $ 32 million in 2008 . the deerfield , ill . , company develops drugs mainly for central nervous system disorders .
ovation ' s profiteering on the backs of critically ill premature babies is not only immoral , it is illegal ,
ftc commissioner jon leibowitz said in a statement issued separately from the lawsuit .
this marketing , distribution and supply agreement ( this  agreement  ) is dated as of september 16 , 2008 ( the  effective date  ) by and between prestwick pharmaceuticals , inc . , a company incorporated under the laws of the state of delaware and having a principal place of business at 1825 k street nw , suite 1475 , washington , d . c . 20006 (  prestwick  ) , and ovation pharmaceuticals , inc . , a company incorporated under the laws of the state of illinois and having a principal place of business at four parkway north , deerfield , illinois 60015 (  distributor  ) . prestwick and distributor are sometimes referred to herein individually as a  party  and collectively as the  parties  .
jeffrey aronin , ceo of northbrook - based marathon pharmaceuticals , is photographed in 2015 . after the price of his company ' s duchenne muscular dystrophy drug came under fire , aronin said feb . 13 , 2017 , that marathon would pause the commercial launch of the drug .
when ovation originally purchased the product from merck , it raised the price from $ 10 to $ 36 per vial , but after buying the competing drug in 2006 , the ftc says it raised the price of both indocin and neoprofen to nearly $ 500 per vial . the ftc is hoping that the federal court will prevent ovation ' s ownership from the competing products and spill the profits it gained in the interim .
under the terms of the agreement , biovail and ovation will jointly develop additional follow - on indications for xenazine and related products in the u . s . in conjunction with cambridge laboratories limited , the worldwide license holder of the drug . xenazine is the first and only fda - approved treatment for any hd - related disorders . ovation expects to launch the product in the u . s . by the end of this year .
lundbeck will pay $ 600 million immediately upon closing of the transaction , and will pay an additional up to $ 300 million within a year afterward if ovation achieves certain milestones related to regulatory approval of drug candidate sabril .
ovation pharmaceuticals may be in hot water . the company , which dedicates itself to drugs for rare medical conditions , purchased the rights to merck ' s indocin in 2005 , bought a rival drug in 2006 and then hiked the prices of both , according to allegations made by the federal trade commission . indocin is a medication used to treat a congenital condition called patent ductus arteriosus ( pda ) , which occurs in some premature babies and can be fatal without medication . about 30 , 000 newborns a year receive medication to treat a pda .
ovation will market xenazine® to u . s . specialists through a 48 - person sales force , which already markets a number of other products targeting cns disorders , including epilepsy and attention deficit disorder . as part of the agreement , biovail holds an option to co - promote xenazine® in the united states . should this option be exercised , biovail has the right to utilize ovations existing infrastructure to assist in the recruitment , training and operational management of a sales force .
jeffrey aronin , ceo of northbrook - based marathon pharmaceuticals , is photographed in 2015 . after the price of his company ' s duchenne muscular dystrophy drug came under fire , aronin said feb . 13 , 2017 , that marathon would pause the commercial launch of the drug . ( andrew a . nelles / chicago tribune )
the commission vote approving the complaint was 4 - 0 , with commissioners jon leibowitz and j . thomas rosch issuing separate concurring statements . in his statement commissioner leibowitz wrote , “ovation’s profiteering on the backs of critically ill premature babies is not only immoral , it is illegal . ovation’s behavior is a stark reminder of why america desperately needs health care reform and why vigorous antitrust enforcement is as relevant today as it was when the agency was created almost one hundred years ago in 1914 . ”
under the terms of the agreement , biovail will pay $ 100 million to acquire 100 % of prestwick pharmaceuticals and related license rights . beyond xenazine® , the acquisition also provides biovail with other early - stage products , including lisuride sub q ( advanced parkinsons disease ) , lisuride patch ( parkinsons disease ) and d - serine ( schizophrenia ) .
the commission said ovation bought the rights to indocin in august 2005 and then acquired the rights to neoprofen five months later . it set the price for the two medicines at about $ 500 . before the second acquisition , indocin was priced at $ 36 .
ovation is not some rogue drug company . its slimy behavior reflects the way the industry thinks , the way it behaves and the way it prefers to “compete . ” which is why it is crucial for the government to bring closer scrutiny to industry mega - mergers .
minnesota attorney general lori swanson made similar assertions when announcing the state’s claims . “ovation acquired a monopoly over the only two drugs that treat this particular heart problem in premature babies , then it unfairly increased the cost by nearly 1 , 300 % , ” swanson said .
when ovation acquired neoprofen , it already held the rights to indocin iv ( injectable indomethacin ) —the only drug available to treat pda in the united states . neoprofen had not yet been approved by the food and drug administration to treat pda but was used in europe to treat the disease .
noting ovations strong commercial capabilities to support the launch of xenazine , aronin added , we will be able to efficiently and effectively reach patients suffering from this devastating neurodegenerative and ultimately fatal disease . we are pleased that we can bring to these patients the first approved therapy to treat this disorder .
the commission said ovation knew it faced the threat of imminent entry from a new drug to treat the heart defect . it bought the u . s . rights to that competitor in january 2006 from abbott laboratories . the size of the transaction fell below the threshold for reporting to federal antitrust agencies .
as a result , hospitals have little choice but to pay ovation ' s monopoly price ,
the commission said in the lawsuit .
the artificially high prices that hospitals are forced to pay ultimately raise costs for families , tax - supported programs such as medicaid , and other public and private purchasers .
because there are no other drugs available to treat patent ductus arteriosus , hospitals treating babies with this critical condition have no choice but to pay ovation’s monopoly price . and ultimately , the artificially high prices paid by hospitals are passed on to families , government programs such as medicaid , and other public and private purchasers .
specialty pharmacy hub services fees will also be incurred as part of the specialty pharmacy management and distribution of xenazine . ovation is estimating these expenses to be approximately { * * * }  in 2008 , { * * * }  in 2009 and { * * * }  annually in 2010 and thereafter .
any time you have a drug company raising prices , they ' re going to talk about their patents and innovation ,
said michael carrier , a law professor at rutgers university who specializes in intellectual property and antitrust law in pharmaceuticals .
to the extent that this looks like an investment opportunity for a company coming in after all the hard work has already been done then that innovation - based argument seem less persuasive .
jeff and bill have built a truly unique and valuable biopharmaceutical business , and they have been fantastic partners for gtcr ,
commented dean mihas , principal of gtcr .
ovation has been an excellent investment for gtcr , and we look forward to investing additional capital in the pharmaceutical industry in partnership with outstanding management teams .
this is the fee - for - service portion of the specialty pharmacy program . contract negotiations have not been finalized yet , however . ovation is targeting achieving a low { * * * }  for this component . by comparison . traditional fee - for - service arrangements are typically in the { * * * }  range .
the fda finally convened its panel in january 2009 , and the panelists voted unanimously that sabril should be approved both for babies with infantile spasms and for adults who had run out of options . in february , lundbeck , a danish drug maker , bought ovation for $ 900 million . the press release announcing the deal trumpeted that sabril was in the final stages of fda review .
h . lundbeck a / s ( lun . co , lun dc , hluky ) is an international pharmaceutical company engaged in the research and development , production , marketing and sale of pharmaceuticals for the treatment of psychiatric and neurological disorders . in 2008 , the company ' s revenue was dkk 11 . 3 billion ( approximately eur 1 . 5 billion or usd 2 . 2 billion ) . the number of employees is approx 5 , 500 globally . for more information , please visit www . lundbeck . com .
bassam damaj , president and chief executive officer of innovus pharma commented ,
we are very excited about this major north african collaboration with ovation pharma and we look forward to expanding the reach of our circumserum product for reduced penile sensitivity in morocco . this is an important milestone in our strategy to make circumserum available worldwide and the successful continuation of the execution of our commercialization strategy of the company .
but pharmaceuticals is an industry that doesn ' t lend itself to traditional market analysis . because the bulk of profits in the industry come from temporary monopolies – government - granted patents – the current marketplace is not where the important competition takes place . rather , the real rivalry takes place “upstream , ” as companies compete to innovate , either by developing medicines in their labs or by buying up promising patents and biotech start - ups . and in that “market for innovation , ” it is hard to see how further consolidation would be good for consumers .
toronto , canada , september xx , 2008 - biovail corporation ( nyse , tsx : bvf ) today announced it has acquired prestwick pharmaceuticals , inc . , a privately held , u . s . - based pharmaceutical company that holds the canadian and u . s . licensing rights to xenazine® ( tetrabenazine tablets ) . xenazine® was recently approved by the united states food and drug administration ( fda ) for the treatment of chorea associated with huntingtons disease . xenazine® was granted orphan drug designation by the fda , which provides the product with seven years of market exclusivity in the united states .
unlike the controversy over , say , the dendreon cancer treatment provenge , there have been few protests and little noise made about the delay . even now , ovation ' s parent company , lundbeck , will probably make more from selling sabril to adult epileptics than to babies . figuring out how to help small groups of people who desperately need a drug without exposing the population at large to necessary risks may be the biggest challenge facing the fda .
obtaining the rights to xenazine in the u . s . adds another important growth driver to our series of multiple specialty product launches expected over the next several years ,  said jeffrey s . aronin , president and chief executive officer of ovation . this drug represents a strong strategic fit and complements our existing portfolio of central nervous system products , in addition to continuing our business strategy of pursuing opportunities to bring important new medicines to severely ill patients with unmet medical needs .
the marketing plan means the ovation second u . s . marketing plan letter , dated as of 11 september 2008 as attached below , ( in conjunction with the original march 2007 xenazine u . s . marketing plan prepared by prestwick , as modified by the first u . s . marketing plan letter , dated as of 30 july 2008 , each as attached below ) and as amended thereafter , subject to section 10 . 10 of this agreement , under the cambridge agreement .
note : schedule 6 contains the bottle quantity of binding purchases for year 1 . additionally , conversion to mgs is also provided . these amounts represent both demand and inventory build in the trade and at ovation . for minimum sales quantities , the unit of measure provided below is mgs per year . the exact strength mix of 12 . 5mg and 25mg will be determined by initial market uptake and titration . in subsequent years , when firm forecast are established per mutual agreement of the parties , strength detail can be provided .
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lundbeck , inc . , a biopharmaceutical company , engages in developing , manufacturing , and selling pharmaceutical products primarily in the united states . its products include methamphetamine hydrochloride tablets , mephobarbital tablets , pentobarbital sodium injections , ethotoin tablets , and clorazepate dipotassium and tetrabenazine tablets . the companyâ€™s products also include antithrombin , dactinomycin , asparaginase , mechlorethamine , and hemin injections ; and succimer , benztropine mesylate , indomethacin , and ibuprofen lysine injections . in addition , lundbeck offers sabril ( vigabatrin ) tablets and powder for oral solutions . its products are used for central nervous system , hematology , and oncology - related diseases and disorders , as well as used in hospitals .
the company markets its products in argentina , brazil , canada , costa rica , guatemala , honduras , mexico , australia , hong kong , korea , malaysia , new zealand , the philippines , singapore , taiwan , thailand , austria , belgium , bulgaria , the czech republic , denmark , estonia , finland , france , germany , iceland , ireland , italy , latvia , lithuania , luxembourg , the netherlands , norway , portugal , spain , sweden , switzerland , the united kingdom , and israel .
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it’s not quite pfizer buying wyeth , but two more drugmakers announced another deal monday designed to bolster an aging pipeline .
lundbeck , based in copenhagen , is preparing for the 2012 patent expiration of depression treatment lexapro / cipralex , which made up nearly two - thirds of lundbeck’s third - quarter sales . forest labs has turned lexapro into a blockbuster .
bonus bucks : well , we sort of thought lundbeck would be part of a deal , but figured it was more likely to be the prey . see our post on irresistible m & a targets from 2007 .
federal regulators alleged yesterday that an illinois - based company bought the only two medicines approved to treat premature babies born with a potentially life - threatening congenital heart defect and then increased prices nearly 1 , 300 percent .
the ftc said the only alternative to treating the heart defect , known as patent ductus arteriosus , is surgery , but that option carries a risk of serious complications and costs far more than treatment with drugs .
the lawsuit was filed in the u . s . district court in minnesota .
the ftc filed its complaint in the u . s . district court for the district of minnesota . indocin and neoprofen are the only two pharmaceutical treatments sold in the u . s . for a condition known as patent ductus arteriosus , a disorder that primarily affects very low birth - weight premature infants . in babies with this condition , the blood vessel connecting two major arteries of the heart fails to close on its own soon after birth . patent ductus arteriosus can be fatal if not treated . the only treatment other than drug therapy is surgery , which carries the risk of serious complications and costs far more than treatment with either indocin or neoprofen .
note : the commission authorizes the filing of a complaint when it has “reason to believe” that the law has or is being violated , and it appears to the commission that a proceeding is in the public interest . a complaint is not a finding or ruling that the defendants have actually violated the law .
copies of the commission’s complaint will be available soon from the ftc’s web site at urltoken and also from the ftc’s consumer response center , room 130 , 600 pennsylvania avenue , n . w . , washington , d . c . 20580 . the ftc’s bureau of competition works with the bureau of economics to investigate alleged anticompetitive business practices and , when appropriate , recommends that the commission take law enforcement action . to inform the bureau about particular business practices , call 202 - 326 - 3300 , send an e - mail to antitrust @ urltoken , or write to the office of policy and coordination , room 383 , bureau of competition , federal trade commission , 600 pennsylvania ave , n . w . , washington , dc 20580 . to learn more about the bureau of competition , read “competition counts” at urltoken / competitioncounts .
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lundbeck will make an up - front payment of $ 600 million ( or approximately dkk 3 . 5 billion ) immediately upon closing of the transaction . additional payments of up to $ 300 million ( or approximately dkk 1 . 7 billion ) within one year of closing are contingent upon the achievement of certain product regulatory milestones relating to the approvals of sabril® by the fda .
money will be used to advance new drug into clinical studies later this year and to further phase ii depression candidate .
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portions of this exhibit have been redacted pursuant to a request for confidential treatment under rule 24b - 2 of the general rules and regulations under the securities exchange act of 1934 , as amended . such redacted portions have been replaced with  { * * * }  in this exhibit . an unredacted version of this document has been filed separately with the securities and exchange commission along with the request for confidential treatment .
effect of termination by prestwick pursuant to sections 11 . 2 . 1 ( a ) or ( b ) or 11 . 3
effect of termination by distributor pursuant to section 11 . 2 . 3 or 11 . 3
effect of termination by prestwick pursuant to section 11 . 2 . 1 , 11 . 3 or 15 . 6 . 2 or by distributor in accordance with section 11 . 4 or 15 . 6 . 2 , or under section 11 . 5
whereas , distributor desires to be appointed the exclusive distributor for such product to commercialize such product in the territory to maximize the commercial value of such product .
1 . 2  a & p  means activities exclusively and directly related to the marketing and promotion of product in the territory to the relevant specialist audience , including promotional materials , and branded items for detailing activities , marketing publications , market research studies , non personal promotion and advertisements , public and professional relations ( including activities at local and national congresses in the territory and satellite symposia ) , medical education programs and promotional meetings . for purposes of clarity , a & p shall not include detailing .
1 . 3  affiliate  means any individual , corporation , company , partnership , trust , limited liability company , association or other business entity (  person  ) which directly or indirectly controls , is controlled by or is under common control with the party in question . as used in this
definition of affiliate ,  the term control shall mean , as to any person , ( a ) direct or indirect ownership of fifty percent ( 50 % ) or more of the voting interests or other ownership interests in the person in question ; ( b ) direct or indirect ownership of fifty percent ( 50 % ) or more of the interest in the income of the person in question ; or ( c ) possession , directly or indirectly , of the power to direct or cause the direction of management or policies of the person in question ( whether through ownership of securities or other ownership interests , by contract or otherwise ) . notwithstanding the foregoing , the direct or indirect owners of equity securities of a party such as financial institutions , venture capital funds and private equity investors ( and other direct or indirect portfolio companies or investments of such financial institutions , venture capital funds and private equity investors ) will not be its affiliates for purposes of this agreement .
1 . 4  business day  means any monday , tuesday , wednesday , thursday or friday that is not a day on which banking institutions in the state of new york are authorized by law to close .
1 . 5  calendar quarter  means that three ( 3 ) month period during the term of each calendar year ending march 31 , june 30 , september 30 and december 31 ; provided , however , that the calendar quarter in which this agreement expires or is terminated shall extend from the first day of such calendar quarter until the effective date of such expiration or termination of this agreement .
1 . 6  calendar year  means ( a ) for the calendar year this agreement is entered into , the period commencing on the effective date and ending on december 31 of the same year , ( b ) for each successive period beginning on january 1 and ending twelve consecutive calendar months later on december 31 , and ( c ) for the calendar year in which this agreement expires or is terminated , the period beginning on january 1 of such calendar year and ending on the effective date of the expiration or termination of this agreement .
1 . 7  cambridge agreement  means the second amended and restated agreement between prestwick and cambridge laboratories ( ireland ) limited (  licensor  ) dated november 18 , 2005 and any amendments thereto or modifications thereto .
1 . 8  cambridge amendment  means that certain amendment to the cambridge agreement , dated september 12 , 2008 , by and among licensor , prestwick holdings , inc . , prestwick , biovail americas corp . and distributor .
1 . 9  change of control  means , with respect to a party , ( a ) the acquisition ( directly or indirectly , whether by merger , consolidation , purchase and sale , share exchange or otherwise ) by a third party of a beneficial interest in the securities of such party representing more than fifty percent ( 50 % ) of the combined voting power of such partys then outstanding securities ; or ( b ) the transfer , sale or assignment of more than fifty percent ( 50 % ) of the assets of such party to a third party .
1 . 10  commercialization  means activities directed to the marketing , promotion , selling , or offering for sale of a product for an indication , including pre - marketing , advertising , educating , planning , obtaining pricing approvals , marketing , promoting , detailing , distributing and post - marketing safety surveillance and preparation of filings for reporting to the fda . when used as a verb ,  commercialize  means to engage in such activities .
1 . 11  commercialization plan  means the plan pursuant to which product shall be commercialized in a calendar year in the territory and at a minimum shall include the following : ( a ) market research , including market size , dynamics , growth , customer segmentation , competitive analysis , and product positioning , ( b ) annual sales forecasts broken down by calendar quarter , ( c ) advertising and promotion programs and strategies , ( d ) sales plans and activities , including sales force allocations , both in number of representatives and the deployment of such representatives , ( e ) phase 4 studies to be conducted , ( f ) number of and position of details to be performed in a calendar year (  detail requirements  ) and ( g ) budget for performing the above noted activities in a calendar year (  commercialization budget  ) . notwithstanding the foregoing , the commercialization plan for the current calendar year and following calendar year shall be the initial marketing plan .
1 . 12  commercially reasonable efforts  means carrying out of obligations or tasks consistent with the reasonable practices of the pharmaceutical industry for the development or commercialization of a pharmaceutical product having similar market potential or profit potential as product , based on conditions then prevailing .