Lundbeck plans to establish a more flexible commercial organisation in Europe
· Lundbeck proposes to restructure its commercial organisation in Europe to build a more flexible commercial infrastructure and to maintain cost control · The initiative aims at paving the way for a successful and profitable transition of Lundbeck's product portfolio in Europe · This initiative is expected to involve the reduction of around 600 positions in our subsidiaries primarily in Europe · Guidance for 2012 EBITDA and EBIT is maintained before restructuring costs. The level of these non-recurring items are uncertain but could amount to up to DKK 500 million H. Lundbeck A/