Filed by Schering-Plough Corporation The following fact sheet was made available on-line on March 9, 2009. MERCK AND SCHERING-PLOUGH TO COMBINE |
Description | Merck & Co., Inc. is a global research-driven | Schering-Plough is an innovation-driven, science- | ||
pharmaceutical company dedicated to putting | centered global health care company. Through its | |||
patients first. Established in 1891, Merck | own biopharmaceutical research and | |||
discovers, develops, manufactures and | collaborations with partners, Schering-Plough | |||
markets vaccines and medicines to address | creates therapies that help save and improve lives | |||
unmet medical needs. The Company devotes | around the world. The company applies its | |||
extensive efforts to increase access to | research-and-development platform to human | |||
medicines through far-reaching programs that | prescription, animal health and consumer health | |||
not only donate Merck medicines but help | care products. Schering-Plough's vision is to | |||
deliver them to the people who need them. | Earn Trust, Every Day with the doctors, patients, | |||
Merck also publishes unbiased health | customers and other stakeholders served by its | |||
information as a not-for-profit service. | colleagues around the world. | |||
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Website | www.merck.com | www.schering-plough.com | ||
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Employees | 55,200 | 51,000 | ||
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2008 Revenues | $23.9 billion | $18.5 billion | ||
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2008 Revenue by | United States - $13,371 million | United States - $5,556 million | ||
Geographic Region | Europe, Middle East and Africa - $5,774 | Europe and Canada - $8,903 million | ||
million | Latin America - $1,987 million | |||
Japan - $1,824 million | Asia Pacific - $2,056 million | |||
Other - $2,883 million | ||||
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2008 R&D | $4.8 billion | $3.5 billion | ||
Investment | ||||
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Headquarters | Whitehouse Station, New Jersey | Kenilworth, New Jersey | ||
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Cash and investments | $12 billion | $3.5 billion | ||
(as of 12/31/08) | ||||
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Major | Singulair (montelukast sodium) | Zetia (ezetimibe) and Vytorin | ||
pharmaceutical and | Zetia (ezetimibe) and Vytorin | (ezetimibe/simvastatin) | ||
vaccine products | (ezetimibe/simvastatin) | Remicade (infliximab) | ||
Cozaar (losartan potassium) and Hyzaar | Nasonex (mometasone furoate monohydrate) | |||
(losartan potassium and hydrochlorothiazide) | Temodar (temozolomide) | |||
Gardasil (human papillomavirus (HPV) | PEG-Intron (peginterferon alfa-2b) | |||
quadrivalent (types 6, 11, 16, 18) vaccine, | ||||
recombinant) | ||||
Januvia (sitagliptin) and Janumet | ||||
(sitagliptin/metformin hydrochloride) | ||||
Novel products in late | CV: MK-0859 (anacetrapib), MK-7418 | CV: SCH-530348 (thrombin receptor antagonist) | ||
stage development | (rolofylline), MK-524 A and B (extended- | and acadesine | ||
release niacin/laropiprant and extended- | Immunology: Simponi (golimumab) | |||
release niacin/laropiprant/simvastatin) | Infectious Diseases: vicriviroc and boceprevir | |||
Oncology: MK-8669 (deforolimus) | Women's Health: corifollitropin alfa, | |||
Neuroscience: MK-0974 (telcagepant) | esmirtazapine and NOMAC/E2 | |||
Women's Health: MK-0822 (odanacatib) and | Neuroscience: Saphris (asenapine), Bridion | |||
V-503 | (sugammadex) | |||
Respiratory: mometasone/formoterol, grass pollen | ||||
immunotherapy tablet | ||||
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Business segments | Prescription | Prescription | ||
Vaccine | Animal Health | |||
Animal Health joint venture (Merial) | Consumer Health (OTC) | |||
Consumer Health joint venture (J&J-Merck) | ||||
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Executive | Richard T. Clark, chairman, president and | Fred Hassan, chairman and chief executive officer | ||
Management Teams | chief executive officer | |||
Robert J. Bertolini, executive vice president and | ||||
Willie A. Deese, executive vice president and | chief financial officer | |||
president, Merck Manufacturing Division | ||||
Richard S. Bowles III, senior vice president, | ||||
Kenneth C. Frazier, executive vice president | Global Quality Operations | |||
and president, Global Human Health | ||||
C. Ron Cheeley, senior vice president, Global | ||||
Mirian Graddick-Weir, executive vice | Human Resources | |||
president, Human Resources | ||||
Carrie S. Cox, executive vice president and | ||||
Peter N. Kellogg, executive vice president | president, Global Pharmaceuticals | |||
and chief financial officer | ||||
Thomas P. Koestler, executive vice president and | ||||
Peter S. Kim, Ph.D., executive vice president | president, Schering-Plough Research Institute | |||
and president, Merck Research Laboratories | ||||
Raul E. Kohan, senior vice president and | ||||
Bruce N. Kuhlik, executive vice president | president, Global Animal Health | |||
and general counsel | ||||
Ian McInnes, senior vice president and president, | ||||
J. Chris Scalet, executive vice president, | Global Supply Chain | |||
Global Services, and chief information officer | ||||
Lori Queisser, senior vice president, Global | ||||
Compliance and Business Practices | ||||
Thomas J. Sabatino, Jr., executive vice president | ||||
and general counsel | ||||
Brent Saunders, senior vice president and | ||||
president, Consumer Health Care | ||||
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Forward-Looking Statements
This communication contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are based on both Mercks and Schering-Ploughs managements current expectations and involve risks and uncertainties, which may cause results to differ materially from those set forth in the statements. The forward-looking statements may include statements regarding product development, product potential or financial performance. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Merck and Schering-Plough undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Forward-looking statements in this communication should be evaluated together with the many uncertainties that affect either companies business, particularly those mentioned in the risk factors and cautionary statements set forth in Item 1A of either companies 10-K for the year ended December 31, 2008, and in their periodic reports on Form 10-Q and Form 8-K, which the companies incorporate by reference.
These reports are available at www.merck.com and www.schering-plough.com.
Additional Information
In connection with the proposed transaction, Schering-Plough will file a registration statement, including a joint proxy statement of Merck and Schering-Plough, with the Securities and Exchange Commission (the SEC). Investors are urged to read the registration statement and joint proxy statement (including all amendments and supplements to it) because they will contain important information. Investors may obtain free copies of the registration statement and joint proxy statement when they become available, as well as other filings containing information about Merck and Schering-Plough, without charge, at the SECs Internet site (www.sec.gov). These documents may also be obtained for free from Schering-Ploughs Investor Relations web site (www.schering-plough.com) or by directing a request to Schering-Plough Investor Relations at (908) 298-7436. Copies of Mercks filings may be obtained for free from Mercks Investor Relations web site (www.merck.com) or by directing a request to Mercks Office of the Secretary at (908) 423-1000.
Merck and Schering-Plough and their respective directors and executive officers and other members of management and employees are potential participants in the solicitation of proxies from Merck and Schering-Plough shareholders in respect of the proposed transaction.
Information regarding Schering-Ploughs directors and executive officers is available in Schering-Ploughs proxy statement for its 2008 annual meeting of shareholders, filed with the SEC on April 23, 2008, and information regarding Mercks directors and executive officers is available in Mercks preliminary proxy statement for its 2009 annual meeting of stockholders, filed with the SEC on February 25, 2009. Additional information regarding the interests of such potential participants in the proposed transaction will be included in the registration and joint proxy statement filed with the SEC in connection with the proposed transaction.
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