VETOQUINOL Corporate brochure 2007 (year 2007)

#04 Activity report 2007 / Outstanding events Sept. 2007 Innovations Division Increase the capacity to innovate This new entity deals with innovation in medicinal and nutraceutical products, from the identification of medical needs which have not been met through to startup of product- project, via evaluation of ideas received. This new department is in line with Vétoquinol’s wish to increase its capacity and speed of innovation. 2007, momentum confirmed May 2007 Europe First steps for the Portuguese subsidiary The subsidiary created in Portugal in February has recorded its first sales. Annual growth is expected to be over 20%. Ten people are in charge of sales, marketing, technical support and legal affairs, liaising closely with the Spanish subsidiary. France 20 years of profit-sharing In 1987, Vétoquinol was one of the first companies in France to introduce a profit-sharing scheme. The aim of this measure, which was innovative at the time, is to ensure that salaried staff share in the company’s targets and results. In 20 years, the results have not been good enough to warrant redistribution in one year only, 1997. January 2007 Poland Industrial improvement As a result of the large investments made in several manufacturing departments in Poland, the site has succeeded in obtaining a certificate of compliance with Good Manufacturing Practice (GMP). Issued by the local authorities after an in-depth inspection, this certificate guarantees that facilities and quality systems comply with the current frame of reference in the pharmaceutical industry. Vétoquinol is the second Polish company to gain GMP certification: a guarantee of quality for Polish and foreign customers.