Mar 10 2010

France's baby does not care crisis

Tag: Uncategorized, international, money, resources, specialadmin @ 2:02 am

The reproduction is better than output. In this season of activity budgets in 2009, from automobiles to zoos, most areas in the commune down. The numbers of births do not appear as brightest. INSEE has identified 821 000 last year, only 7 400 fewer than in 2008. This decline is described as "negligible" by demographers, not even "the line thickness. Especially that 2008 was a leap year, which was added mechanically 2 000 births, INSEE said.

The economic crisis it have no impact on family plans? "For the moment we receive no effect, confirming France Prioux, a researcher at the INED (National Institute of Demographic Studies). This is not the case in South Korea, which announced a fall of 4.4% of births in 2009."More and more people were delayed or canceled their wedding plans during the recession," he told AFP Kim Dong-hoy, head of population studies. The Land of the Morning Calm, with Singapore and Taiwan, who is experiencing the lowest fertility rates in the world (1.15 children per woman of childbearing age).

In the U.S., it is allowed since last summer that the crisis will lead, as is customary, by a decline in births. Only data for 2008 are known, and they show a decline of almost 2% over 2007 (4 247 000, a record 50 years), according to the National Center for Health Statistics. Across the Atlantic, economic cycles and demographic change strictly in parallel, as evidenced by the four previous recessions (1974, 1981, 1991 and 2001).

This determinism is understandable in societies where birth control is more the rule than the exception.The Ireland still offers a cons-almost perfect example. The country traditionally more pronatalist in Europe – 16.9 newborns per thousand inhabitants per year, against 13 in France and 8.3 in Germany – has suffered the most severe recession in the euro area. Despite a fall of 7.5% of GDP last year's births increased 1%, according to estimates by the Directorate of Health. Explanation of the Central Statistics Office: the baby-boom years of 1980, which followed the entry deDublin in the European Union, have become parents.

The problems of income and unemployment are not always the enemy of babies. Some even see an incentive. Gary Becker, Nobel Laureate 1992 and theoretician of the family economy, showed a woman who loses her job will be available to raise a child.And the "opportunity cost", as economists say – the income to which he must renounce – will be less than if she had voluntarily quit her job. Also in times of crisis, family values are rising and fertility recovered.

Demographers are nevertheless cautious about the resilience of the French birth rate. As the U.S. federal government last year amounted to 291 $ 570 "price" to raise a child to adulthood, our system of family assistance and public benefits makes probably the "investment" less risky for couples. History shows that despite all our demographic has always responded to crises. "The Great Depression of the 1930s had rarefied births, as the oil shock of 1973.The fertility rate (per woman) fell to its lowest level in post-war (1.66) during the economic recession of 1993, "says Ariane Pailhé in the social portrait of France (2009 edition ). Why would it do differently this time?

Let's bracket the explanation, very controversial, which gives dynamism to the French foreign families. False, according to Insee, "The share of children born to foreign parents, which amounted to 6.9% in 2008 has changed little from 1998 (6.6%). The reality is more mundane, as explained Gilles Pison, demographer at INED: "Since the baby boom of the postwar period, there is a fairly high stability of the predisposition of couples to have kids. What has changed is they have more later.Initially, it helped reduce the annual number of births, then do go through a process of catching up. "Thus the fertility rate is 1.66 children pressed in 1993 to nearly 2 today.

Economic Crisis Will it change the "desire for children? Another focal point on youth unemployment. "It could he delay the time when we" settled "and you have children? It is unfortunate that the records of Vital Statistics do not indicate the rank of new-born of each family. For on the number of first births that the crisis could have the greatest consequences, "warns France Prioux. It is unlikely that France soon lose its leadership position population of the European Union.It hosts over 800 000 babies a year when Germany's powerful product in less than 700 000, despite reproductive capacity but much more numerous untapped.

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Dec 24 2009

Sanofi-Aventis continues acquisitions

Tag: Uncategorized, money, opinions, special, top newsadmin @ 11:47 am

Fight against the invasion of generics has become the creed of Sanofi-Aventis. The pharmaceutical group multiplies acquisitions for several months to cope with the loss of patents on some of its drugs by 2014. Latest news dated from Voices? A stake of 19.9% in the Danish biotech company Zealand Pharma for 100 million euros. The interest of the maneuver is to get his hands on the ZP10, a treatment against diabetes and obesity currently in phase three clinical trials, the last before the placing on the market. It also aims to strengthen an existing partnership with the company valued at between 400 and 500 million euros. In exchange, the news caused investors to react moderately. The title takes Sanofi 1.68% to 56.33 euros.

The ZP10, is baptized by AVE0010 Sanofi, should be launched on the market in 2012.Sanofi wants to be the successor of Lantus insulin his star, who in 2008 has already generated 2.4 billion euros in sales and has raised a number of sales of laboratory medicine in the first nine months of 2009. The pharmaceutical group is already preparing the loss of patent for this drug in Europe and the United States in 2014. So in addition to the ZP10, Sanofi is testing a new version of Lantus. If it successfully passes the test, he could receive a patent until 2025.

Being on all fronts

Since the beginning of the year, Sanofi is trying every means to expand its portfolio. In addition to equity from Zealand Pharma, the group also focuses its activity in atrial fibrillation, a heart disorder.

On Monday, Sanofi announced the acquisition of Chattem, a leading drug sold without prescription in the United States, for 1.9 billion dollars.An operation that should allow him to become the No. 5 global counter medications. A segment very promising since it generated 86.6 billion dollars worldwide in 2008 with 20 billion in the United States. On this market alone, it was the fifth acquisition made by Sanofi-Aventis between 2008 and 2009, after the Australian Symbion, the Argentine Gramon, the French specialist food supplements and beauty products Kernpharm the Netherlands last month.

Other operations were performed in the generic (Medley, Kendrick, Zentiva), ophthalmology (Fovea), vaccine (Shantha) or in animal health with the purchase for 2.8 billion euros of the 50 % of its U.S. partner in the Merck Merial Veterinary Laboratory. Recently, market rumors evoked recovery of German Ratiopharm fourth generic manufacturer in the world, boosted as the stock market.

In total, Chris Viehbacher, head of Sanofi-Aventis since December 2008, launched 31 acquisitions and partnerships in 2009. And the movement should continue in 2010.

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Dec 07 2009

Free to new court

Tag: business, publications, resources, top news, worldadmin @ 8:16 pm

When prey is, UFC Que Choisir not let go. Just weeks after a complaint filed against the provider of Internet access (ISP) Free to improper billing of the hotline, the association of consumer advocacy attack again for collective redress "many and various unfair and unlawful" .

The UFC has assigned the Free interim High Court of Paris as part of an accelerated procedure. A decision motivated by complaints from several consumers who feel cheated by the rules of subscription and advertising provider. As the class action (editor's note: class actions in the courts) are impossible in France, is in his own name as the association claims 535,000 euros in damages.If Free is considered in the light of competition law, this amount could rise to 96 million, or 10% of the turnover of the company.

Unfair

Among the problems raised by clients and accepted by UFC, several relate to the conditions of sale. It is alleged the ISP to pre-check the option "Service Plus" in the subscription forms online so that this option costs EUR 9.99 per month. Worse, this addition does not appear in the sum total of the subscription rises to 39.98 euros per month and not 29.99 as stated. UFC has also criticized Free to impose a payment by debit to its subscribers. If they refuse, they are forced to pay a deposit of 400 euros to pay 4 euros per month extra.

And if the customer decides to cancel his subscription, it will take a period of one month instead of 10 days imposed by the Chatel Act. In addition, he must pay 96 euros less than 3 euros a month old. A change of address or request new equipment redo the note up to 96 euros automatically. "These practices are harmful. Free communicates on a price ceiling that is actually a floor price. Customers are direct victims, "indignant Catalina Chatellier, a lawyer specializing in new technologies at UFC Que Choisir.

Moreover, the association called for an end to the advertising campaign suggesting that provider with Free, the customer has all-inclusive. UFC said that in the € 29.99 that it cost to subscribe, like all other ISPs, calls to mobiles and special numbers are not included. Advertising can be misinterpreted.Similarly, the joint venture on so-called exclusive services actually are not as fast-Fi or parental control software.

"Most ISPs have policies effective sales and marketing as they come to pass in a few seconds a message of clarity and simplicity to consumers who actually is not," said Master Yann Lorang, Attorney at Law, Jakubowicz Mallet-Guy and Associates. "Today the drafting of terms of business of selling has become an art in that it must juggle the provisions protecting consumers while preserving the relationship of trust – and thus the imperative of return – between the operator and its customers, "said the lawyer.

Asked about the issue, Free declined to give his version."We do not comment on subpoenas in general and that it no longer," said a terse email from the Communications Department Iliad, the parent of Free.

History

Free is not his first assignment in the courts. Already in 2006, UFC Que Choisir had complained to protest the excessive taxation of calls to the hotline. In 2007, the ISP was forced to appeal a court decision sentencing him to repay three customers and remitted to the association 20 000 in damages for the same problem.

Last October, UFC Que Choisir was again to report a complaint hotline maintained an unfair price by 34 cents the minutes despite complaints. In November, the legal troubles continue with a historic decision of the Court of Cassation.This gave reason to a customer who complained Free to pay its entire supply Triplay (Internet, telephony and television) as he received no television. The court noted that the supplier is under an obligation of result when the services it offers. A decision should set a precedent.

Criticized for its lack of goodwill in the implementation of court decisions, Free found himself back on the wall. UFC Que Choisir hopes this time change its behavior. "They have everything to gain by giving a better image of themselves," says Catalina Chatellier.

More broadly, the decision to be taken following the hearing on March 9 should have a wider scope in the world of ISP. "Only the actions of this kind, not the individual claims mediators, can alter these contracts to more equality and fairness," said the lawyer Yann Lorang.

For Free, which should be awarded the fourth license at the end of the year, the new ads come in any involuntary case to a very bad time.