Exhibit 99.2
MERCK & CO., INC.
FRANCHISE / KEY PRODUCT SALES - SUPPLEMENTAL COMBINED NON-GAAP
FOURTH QUARTER AND FULL YEAR 2009
(AMOUNTS IN MILLIONS)
Table 4a
The following Table reflects Supplemental Combined Non-GAAP sales which are adjusted to reflect a full quarter and full year of Merck and Schering-Plough combined results as if the merger closed as of January 1, 2009.
For a reconciliation of GAAP sales to Supplemental Combined Non-GAAP sales see Table 4.
| | | | | | | | | | | | | | | | | | |
| | “3 + 3” | | “12 + 12” |
| | Supplemental Combined Non-GAAP | | Supplemental Combined Non-GAAP |
| | Global 4Q | | U.S. 4Q | | International 4Q | | Global Full Year | | U.S. Full Year | | International Full Year |
| | | | | | |
TOTAL SALES(1) | | $ | 12,216 | | $ | 5,535 | | $ | 6,681 | | $ | 45,964 | | $ | 21,269 | | $ | 24,695 |
| | | | | | | | | | | | | | | | | | |
HUMAN HEALTH(2) | | | 10,805 | | | 4,740 | | | 6,064 | | | 40,098 | | | 17,766 | | | 22,332 |
| | | | | | |
Bone, Resp., Imm., & Dermatology | | | | | | | | | | | | | | | | | | |
Singulair | | | 1,260 | | | 810 | | | 450 | | | 4,660 | | | 3,044 | | | 1,615 |
Remicade | | | 635 | | | | | | 635 | | | 2,327 | | | | | | 2,327 |
Nasonex | | | 286 | | | 157 | | | 129 | | | 1,179 | | | 648 | | | 530 |
Fosamax | | | 285 | | | 39 | | | 246 | | | 1,100 | | | 161 | | | 939 |
Clarinex | | | 155 | | | 55 | | | 100 | | | 719 | | | 249 | | | 470 |
Propecia | | | 123 | | | 38 | | | 84 | | | 440 | | | 148 | | | 293 |
Arcoxia | | | 98 | | | | | | 98 | | | 358 | | | | | | 358 |
Asmanex | | | 58 | | | 55 | | | 2 | | | 214 | | | 204 | | | 10 |
| | | | | | |
Cardiovascular | | | | | | | | | | | | | | | | | | |
Zetia | | | 614 | | | 343 | | | 271 | | | 2,244 | | | 1,296 | | | 948 |
Vytorin | | | 577 | | | 319 | | | 258 | | | 2,112 | | | 1,219 | | | 893 |
Integrilin | | | 72 | | | 67 | | | 5 | | | 295 | | | 275 | | | 19 |
| | | | | | |
Diabetes & Obesity | | | | | | | | | | | | | | | | | | |
Januvia | | | 558 | | | 390 | | | 168 | | | 1,922 | | | 1,404 | | | 518 |
Janumet | | | 202 | | | 136 | | | 66 | | | 658 | | | 472 | | | 187 |
| | | | | | |
Infectious Disease | | | | | | | | | | | | | | | | | | |
PegIntron | | | 216 | | | 23 | | | 193 | | | 844 | | | 110 | | | 735 |
Isentress | | | 234 | | | 113 | | | 121 | | | 752 | | | 370 | | | 382 |
Primaxin | | | 196 | | | 41 | | | 155 | | | 689 | | | 136 | | | 553 |
Cancidas | | | 175 | | | 19 | | | 156 | | | 617 | | | 73 | | | 543 |
Avelox | | | 118 | | | 115 | | | 4 | | | 368 | | | 353 | | | 15 |
Invanz | | | 88 | | | 43 | | | 45 | | | 293 | | | 152 | | | 141 |
Rebetol | | | 57 | | | | | | 57 | | | 254 | | | 1 | | | 253 |
Crixivan / Stocrin | | | 52 | | | 2 | | | 50 | | | 206 | | | 10 | | | 196 |
| | | | | | |
Mature Brands | | | | | | | | | | | | | | | | | | |
Cozaar / Hyzaar | | | 955 | | | 363 | | | 592 | | | 3,561 | | | 1,321 | | | 2,240 |
Zocor | | | 139 | | | 10 | | | 129 | | | 558 | | | 45 | | | 513 |
Claritin Rx | | | 109 | | | | | | 109 | | | 433 | | | | | | 433 |
Vasotec / Vaseretic | | | 85 | | | | | | 85 | | | 311 | | | | | | 311 |
Proscar | | | 72 | | | 2 | | | 71 | | | 291 | | | 6 | | | 285 |
Proventil | | | 56 | | | 54 | | | 2 | | | 225 | | | 220 | | | 5 |
| | | | | | |
Neurosciences & Ophthalmology | | | | | | | | | | | | | | | | | | |
Maxalt | | | 156 | | | 107 | | | 49 | | | 575 | | | 398 | | | 176 |
Cosopt / Trusopt | | | 134 | | | 7 | | | 127 | | | 503 | | | 39 | | | 464 |
Remeron | | | 60 | | | 3 | | | 57 | | | 234 | | | 10 | | | 224 |
Subutex / Suboxone | | | 56 | | | | | | 56 | | | 211 | | | | | | 211 |
| | | | | | |
Oncology | | | | | | | | | | | | | | | | | | |
Temodar | | | 292 | | | 103 | | | 189 | | | 1,073 | | | 387 | | | 686 |
Emend | | | 88 | | | 55 | | | 33 | | | 313 | | | 198 | | | 115 |
Caelyx | | | 70 | | | | | | 70 | | | 265 | | | | | | 265 |
Intron A | | | 54 | | | 29 | | | 25 | | | 231 | | | 121 | | | 110 |
| | | | | | |
Vaccines | | | | | | | | | | | | | | | | | | |
ProQuad, M-M-R II and Varivax | | | 333 | | | 310 | | | 22 | | | 1,369 | | | 1,288 | | | 81 |
Gardasil | | | 277 | | | 218 | | | 59 | | | 1,118 | | | 802 | | | 317 |
RotaTeq | | | 135 | | | 123 | | | 12 | | | 522 | | | 468 | | | 54 |
Pneumovax | | | 128 | | | 74 | | | 54 | | | 346 | | | 245 | | | 101 |
Zostavax | | | 76 | | | 76 | | | | | | 277 | | | 277 | | | |
Women’s Health & Endocrine | | | | | | | | | | | | | | | | | | |
Follistim / Puregon | | | 149 | | | 45 | | | 105 | | | 546 | | | 179 | | | 368 |
Nuvaring | | | 135 | | | 80 | | | 55 | | | 511 | | | 313 | | | 198 |
| | | | | | |
Other Human Health(3) | | | 1,186 | | | 318 | | | 869 | | | 4,376 | | | 1,123 | | | 3,253 |
| | | | | | |
ANIMAL HEALTH | | | 759 | | | 161 | | | 598 | | | 2,716 | | | 599 | | | 2,117 |
| | | | | | |
CONSUMER HEALTH(2) | | | 232 | | | 214 | | | 19 | | | 1,281 | | | 1,175 | | | 105 |
Claritin OTC | | | 63 | | | 62 | | | 1 | | | 406 | | | 390 | | | 16 |
| | | | | | |
Other Revenues(4) | | | 420 | | | 420 | | | | | | 1,870 | | | 1,729 | | | 141 |
(1) | Individual products with annual 2009 GAAP or Supplemental Combined Non-GAAP sales of >$200M are shown. Sales reflect the then current foreign exchange rates. |
(2) | Human Health includes worldwide prescription pharmaceutical sales and consumer product sales excluding the US and Canada. Consumer Health includes US and Canada consumer product sales. |
(3) | Includes Human Health products with annual 2009 GAAP or Supplemental Combined Non-GAAP sales of <$200M. |
(4) | Other revenues are primarily comprised of alliance revenue, miscellaneous corporate revenues and third party manufacturing sales. |
Note: The Company is providing Supplemental Combined Non-GAAP sales to reflect the revenues of the company’s product sales on a comparable basis to periods prior to the merger. Merck has defined Supplemental Combined Non-GAAP sales as GAAP sales adjusted to reflect a full year of Merck and Schering-Plough performance as if the merger closed at the beginning of the periods indicated in this table. This supplemental information is provided to enhance investors’ understanding of the company’s sales performance. This information should be considered in addition to, but not in lieu of, sales reported in accordance with GAAP.
MERCK & CO., INC.
FRANCHISE / KEY PRODUCT SALES - GAAP TO SUPPLEMENTAL COMBINED NON-GAAP RECONCILIATION FIRST QUARTER - THIRD QUARTER 2009
(AMOUNTS IN MILLIONS)
Table 4b
The following Table reflects Supplemental Combined Non-GAAP sales which are adjusted to reflect full quarters of Merck and Schering-Plough combined results as if the merger closed as of January 1, 2009.
| | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | “3 + 3” | | | | | | “3 + 3” | | | | | | “3 + 3” |
| | GAAP 1Q09 | | Adjustment 1Q09 | | Supp. Comb. Non-GAAP 1Q09 | | GAAP 2Q09 | | Adjustment 2Q09 | | Supp. Comb. Non-GAAP 2Q09 | | GAAP 3Q09 | | Adjustment 3Q09 | | Supp. Comb. Non-GAAP 3Q09 |
| | | | | | | | | |
TOTAL SALES(1) | | $ | 5,385 | | $ | 5,298 | | $ | 10,683 | | $ | 5,900 | | $ | 5,634 | | $ | 11,534 | | $ | 6,050 | | $ | 5,481 | | $ | 11,531 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | |
HUMAN HEALTH (2) | | | 5,019 | | | 4,215 | | | 9,235 | | | 5,470 | | | 4,488 | | | 9,956 | | | 5,676 | | | 4,425 | | | 10,101 |
| | | | | | | | | |
Bone, Resp., Imm., & Dermatology | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Singulair | | | 1,057 | | | | | | 1,057 | | | 1,257 | | | | | | 1,257 | | | 1,085 | | | | | | 1,085 |
Remicade | | | | | | 518 | | | 518 | | | | | | 565 | | | 565 | | | | | | 608 | | | 608 |
Nasonex | | | | | | 306 | | | 306 | | | | | | 321 | | | 321 | | | | | | 266 | | | 266 |
Fosamax | | | 261 | | | | | | 261 | | | 277 | | | | | | 277 | | | 276 | | | | | | 276 |
Clarinex | | | | | | 174 | | | 174 | | | | | | 226 | | | 226 | | | | | | 164 | | | 164 |
Propecia | | | 103 | | | | | | 103 | | | 106 | | | | | | 106 | | | 109 | | | | | | 109 |
Arcoxia | | | 81 | | | | | | 81 | | | 88 | | | | | | 88 | | | 90 | | | | | | 90 |
Asmanex | | | | | | 49 | | | 49 | | | | | | 54 | | | 54 | | | | | | 53 | | | 53 |
| | | | | | | | | |
Cardiovascular | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Zetia | | | 1 | | | 509 | | | 510 | | | 1 | | | 555 | | | 556 | | | 1 | | | 562 | | | 563 |
Vytorin | | | 16 | | | 462 | | | 477 | | | 21 | | | 511 | | | 532 | | | 20 | | | 505 | | | 525 |
Integrilin | | | | | | 76 | | | 76 | | | | | | 73 | | | 73 | | | | | | 74 | | | 74 |
| | | | | | | | | |
Diabetes & Obesity | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Januvia | | | 411 | | | | | | 411 | | | 462 | | | | | | 462 | | | 491 | | | | | | 491 |
Janumet | | | 128 | | | | | | 128 | | | 155 | | | | | | 155 | | | 173 | | | | | | 173 |
| | | | | | | | | |
Infectious Disease | | | | | | | | | | | | | | | | | | | | | | | | | | | |
PegIntron | | | | | | 216 | | | 216 | | | | | | 215 | | | 215 | | | | | | 198 | | | 198 |
Isentress | | | 148 | | | | | | 148 | | | 172 | | | | | | 172 | | | 197 | | | | | | 197 |
Primaxin | | | 165 | | | | | | 165 | | | 160 | | | | | | 160 | | | 168 | | | | | | 168 |
Cancidas | | | 139 | | | | | | 139 | | | 149 | | | | | | 149 | | | 155 | | | | | | 155 |
Avelox | | | | | | 109 | | | 109 | | | | | | 71 | | | 71 | | | | | | 70 | | | 70 |
Invanz | | | 62 | | | | | | 62 | | | 71 | | | | | | 71 | | | 73 | | | | | | 73 |
Rebetol | | | | | | 66 | | | 66 | | | | | | 67 | | | 67 | | | | | | 64 | | | 64 |
Crixivan / Stocrin | | | 49 | | | | | | 49 | | | 56 | | | | | | 56 | | | 49 | | | | | | 49 |
| | | | | | | | | |
Mature Brands | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Cozaar / Hyzaar | | | 839 | | | | | | 839 | | | 906 | | | | | | 906 | | | 861 | | | | | | 861 |
Zocor | | | 137 | | | | | | 137 | | | 141 | | | | | | 141 | | | 141 | | | | | | 141 |
Claritin Rx | | | | | | 132 | | | 132 | | | | | | 96 | | | 96 | | | | | | 95 | | | 95 |
Vasotec / Vaseretic | | | 77 | | | | | | 77 | | | 76 | | | | | | 76 | | | 73 | | | | | | 73 |
Proscar | | | 72 | | | | | | 72 | | | 79 | | | | | | 79 | | | 67 | | | | | | 67 |
Proventil | | | | | | 54 | | | 54 | | | | | | 56 | | | 56 | | | | | | 59 | | | 59 |
| | | | | | | | | |
Neurosciences & Ophthalmology | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Maxalt | | | 133 | | | | | | 133 | | | 141 | | | | | | 141 | | | 144 | | | | | | 144 |
Cosopt / Trusopt | | | 121 | | | | | | 121 | | | 125 | | | | | | 125 | | | 123 | | | | | | 123 |
Remeron | | | | | | 50 | | | 50 | | | | | | 50 | | | 50 | | | | | | 74 | | | 74 |
Subutex / Suboxone | | | | | | 50 | | | 50 | | | | | | 52 | | | 52 | | | | | | 53 | | | 53 |
| | | | | | | | | |
Oncology | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Temodar | | | | | | 247 | | | 247 | | | | | | 256 | | | 256 | | | | | | 278 | | | 278 |
Emend | | | 68 | | | | | | 68 | | | 76 | | | | | | 76 | | | 81 | | | | | | 81 |
Caelyx | | | | | | 61 | | | 61 | | | | | | 68 | | | 68 | | | | | | 67 | | | 67 |
Intron A | | | | | | 54 | | | 54 | | | | | | 67 | | | 67 | | | | | | 56 | | | 56 |
| | | | | | | | | |
Vaccines | | | | | | | | | | | | | | | | | | | | | | | | | | | |
ProQuad, M-M-R II and Varivax | | | 252 | | | | | | 252 | | | 322 | | | | | | 322 | | | 462 | | | | | | 462 |
Gardasil | | | 262 | | | | | | 262 | | | 268 | | | | | | 268 | | | 311 | | | | | | 311 |
RotaTeq | | | 134 | | | | | | 134 | | | 126 | | | | | | 126 | | | 127 | | | | | | 127 |
Pneumovax | | | 41 | | | | | | 41 | | | 47 | | | | | | 47 | | | 130 | | | | | | 130 |
Zostavax | | | 75 | | | | | | 75 | | | 42 | | | | | | 42 | | | 84 | | | | | | 84 |
| | | | | | | | | |
Women’s Health & Endocrine | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Follistim / Puregon | | | | | | 131 | | | 131 | | | | | | 145 | | | 145 | | | | | | 122 | | | 122 |
Nuvaring | | | | | | 115 | | | 115 | | | | | | 129 | | | 129 | | | | | | 131 | | | 131 |
| | | | | | | | | |
Other Human Health (3) | | | 185 | | | 838 | | | 1,023 | | | 146 | | | 909 | | | 1,056 | | | 183 | | | 928 | | | 1,111 |
| | | | | | | | | |
ANIMAL HEALTH | | | | | | 621 | | | 621 | | | | | | 672 | | | 672 | | | | | | 664 | | | 664 |
| | | | | | | | | |
CONSUMER HEALTH (2) | | | | | | 384 | | | 384 | | | | | | 381 | | | 381 | | | | | | 283 | | | 283 |
Claritin OTC | | | | | | 149 | | | 149 | | | | | | 108 | | | 108 | | | | | | 85 | | | 85 |
| | | | | | | | | |
Other Revenues (4) | | | 366 | | | 77 | | | 443 | | | 430 | | | 94 | | | 524 | | | 374 | | | 109 | | | 483 |
(1) | Individual products with annual 2009 GAAP or Supplemental Combined Non-GAAP sales of >$200M are shown. Sales reflect the then current foreign exchange rates. |
(2) | Human Health includes worldwide prescription pharmaceutical sales and consumer product sales excluding the US and Canada. Consumer Health includes US and Canada consumer product sales. |
(3) | Includes Human Health products with annual 2009 GAAP or Supplemental Combined Non-GAAP sales of <$200M. |
(4) | Other revenues are primarily comprised of alliance revenue, miscellaneous corporate revenues and third party manufacturing sales. |
Note: The Company is providing Supplemental Combined Non-GAAP sales to reflect the revenues of the company’s product sales on a comparable basis to periods prior to the merger. Merck has defined Supplemental Combined Non-GAAP sales as GAAP sales adjusted to reflect a full year of Merck and Schering-Plough performance as if the merger closed at the beginning of the periods indicated in this table. This supplemental information is provided to enhance investors’ understanding of the company’s sales performance. This information should be considered in addition to, but not in lieu of, sales reported in accordance with GAAP.
MERCK & CO., INC.
FRANCHISE / KEY PRODUCT SALES - SUPPLEMENTAL COMBINED NON-GAAP
FULL YEAR 2009
(AMOUNTS IN MILLIONS)
Table 4c
The following Table reflects Supplemental Combined Non-GAAP sales which are adjusted to reflect full quarters and a full year of Merck and Schering-Plough combined results as if the merger closed as of January 1, 2009.
For a reconciliation of GAAP sales to Supplemental Combined Non-GAAP sales see Tables 4 and 4b.
| | | | | | | | | | | | | | | |
| | | | | | | | | | “12 + 12” |
| | 2009 - Supplemental Combined Non-GAAP |
| | 1Q | | 2Q | | 3Q | | 4Q | | Full Year |
TOTAL SALES (1) | | $ | 10,683 | | $ | 11,534 | | $ | 11,531 | | $ | 12,216 | | $ | 45,964 |
| | | | | | | | | | | | | | | |
| | | | | |
HUMAN HEALTH (2) | | | 9,235 | | | 9,956 | | | 10,101 | | | 10,805 | | | 40,098 |
| | | | | |
Bone, Resp., Imm., & Dermatology | | | | | | | | | | | | | | | |
Singulair | | | 1,057 | | | 1,257 | | | 1,085 | | | 1,260 | | | 4,660 |
Remicade | | | 518 | | | 565 | | | 608 | | | 635 | | | 2,327 |
Nasonex | | | 306 | | | 321 | | | 266 | | | 286 | | | 1,179 |
Fosamax | | | 261 | | | 277 | | | 276 | | | 285 | | | 1,100 |
Clarinex | | | 174 | | | 226 | | | 164 | | | 155 | | | 719 |
Propecia | | | 103 | | | 106 | | | 109 | | | 123 | | | 440 |
Arcoxia | | | 81 | | | 88 | | | 90 | | | 98 | | | 358 |
Asmanex | | | 49 | | | 54 | | | 53 | | | 58 | | | 214 |
| | | | | |
Cardiovascular | | | | | | | | | | | | | | | |
Zetia | | | 510 | | | 556 | | | 563 | | | 614 | | | 2,244 |
Vytorin | | | 477 | | | 532 | | | 525 | | | 577 | | | 2,112 |
Integrilin | | | 76 | | | 73 | | | 74 | | | 72 | | | 295 |
| | | | | |
Diabetes & Obesity | | | | | | | | | | | | | | | |
Januvia | | | 411 | | | 462 | | | 491 | | | 558 | | | 1,922 |
Janumet | | | 128 | | | 155 | | | 173 | | | 202 | | | 658 |
| | | | | |
Infectious Disease | | | | | | | | | | | | | | | |
PegIntron | | | 216 | | | 215 | | | 198 | | | 216 | | | 844 |
Isentress | | | 148 | | | 172 | | | 197 | | | 234 | | | 752 |
Primaxin | | | 165 | | | 160 | | | 168 | | | 196 | | | 689 |
Cancidas | | | 139 | | | 149 | | | 155 | | | 175 | | | 617 |
Avelox | | | 109 | | | 71 | | | 70 | | | 118 | | | 368 |
Invanz | | | 62 | | | 71 | | | 73 | | | 88 | | | 293 |
Rebetol | | | 66 | | | 67 | | | 64 | | | 57 | | | 254 |
Crixivan / Stocrin | | | 49 | | | 56 | | | 49 | | | 52 | | | 206 |
| | | | | |
Mature Brands | | | | | | | | | | | | | | | |
Cozaar / Hyzaar | | | 839 | | | 906 | | | 861 | | | 955 | | | 3,561 |
Zocor | | | 137 | | | 141 | | | 141 | | | 139 | | | 558 |
Claritin Rx | | | 132 | | | 96 | | | 95 | | | 109 | | | 433 |
Vasotec / Vaseretic | | | 77 | | | 76 | | | 73 | | | 85 | | | 311 |
Proscar | | | 72 | | | 79 | | | 67 | | | 72 | | | 291 |
Proventil | | | 54 | | | 56 | | | 59 | | | 56 | | | 225 |
| | | | | |
Neurosciences & Ophthalmology | | | | | | | | | | | | | | | |
Maxalt | | | 133 | | | 141 | | | 144 | | | 156 | | | 575 |
Cosopt / Trusopt | | | 121 | | | 125 | | | 123 | | | 134 | | | 503 |
Remeron | | | 50 | | | 50 | | | 74 | | | 60 | | | 234 |
Subutex / Suboxone | | | 50 | | | 52 | | | 53 | | | 56 | | | 211 |
| | | | | |
Oncology | | | | | | | | | | | | | | | |
Temodar | | | 247 | | | 256 | | | 278 | | | 292 | | | 1,073 |
Emend | | | 68 | | | 76 | | | 81 | | | 88 | | | 313 |
Caelyx | | | 61 | | | 68 | | | 67 | | | 70 | | | 265 |
Intron A | | | 54 | | | 67 | | | 56 | | | 54 | | | 231 |
| | | | | |
Vaccines | | | | | | | | | | | | | | | |
ProQuad, M-M-R II and Varivax | | | 252 | | | 322 | | | 462 | | | 333 | | | 1,369 |
Gardasil | | | 262 | | | 268 | | | 311 | | | 277 | | | 1,118 |
RotaTeq | | | 134 | | | 126 | | | 127 | | | 135 | | | 522 |
Pneumovax | | | 41 | | | 47 | | | 130 | | | 128 | | | 346 |
Zostavax | | | 75 | | | 42 | | | 84 | | | 76 | | | 277 |
| | | | | |
Women’s Health & Endocrine | | | | | | | | | | | | | | | |
Follistim / Puregon | | | 131 | | | 145 | | | 122 | | | 149 | | | 546 |
Nuvaring | | | 115 | | | 129 | | | 131 | | | 135 | | | 511 |
| | | | | |
Other Human Health (3) | | | 1,023 | | | 1,056 | | | 1,111 | | | 1,186 | | | 4,376 |
| | | | | |
ANIMAL HEALTH | | | 621 | | | 672 | | | 664 | | | 759 | | | 2,716 |
| | | | | |
CONSUMER HEALTH (2) | | | 384 | | | 381 | | | 283 | | | 232 | | | 1,281 |
Claritin OTC | | | 149 | | | 108 | | | 85 | | | 63 | | | 406 |
| | | | | |
Other Revenues (4) | | | 443 | | | 524 | | | 483 | | | 420 | | | 1,870 |
(1) | Individual products with annual 2009 GAAP or Supplemental Combined Non-GAAP sales of >$200M are shown. Sales reflect the then current foreign exchange rates. |
(2) | Human Health includes worldwide prescription pharmaceutical sales and consumer product sales excluding the US and Canada. Consumer Health includes US and Canada consumer product sales. |
(3) | Includes Human Health products with annual 2009 GAAP or Supplemental Combined Non-GAAP sales of <$200M. |
(4) | Other revenues are primarily comprised of alliance revenue, miscellaneous corporate revenues and third party manufacturing sales. |
Note: The Company is providing Supplemental Combined Non-GAAP sales to reflect the revenues of the company’s product sales on a comparable basis to periods prior to the merger. Merck has defined Supplemental Combined Non-GAAP sales as GAAP sales adjusted to reflect a full year of Merck and Schering-Plough performance as if the merger closed at the beginning of the periods indicated in this table. This supplemental information is provided to enhance investors’ understanding of the company’s sales performance. This information should be considered in addition to, but not in lieu of, sales reported in accordance with GAAP.
MERCK & CO., INC.
EQUITY INCOME / JV SALES / OTHER (INCOME) EXPENSE - GAAP
FOURTH QUARTER
2009
Table 6
EQUITY INCOME FROM AFFILIATES (millions of dollars)
| | | | | | | | | | | | |
| | 4Q09 | | 4Q08 | | FY 2009 | | FY 2008 |
MERCK / SCHERING-PLOUGH(1) | | $ | 151.0 | | $ | 378.1 | | $ | 1,195.5 | | $ | 1,536.3 |
ASTRAZENECA LP | | | 191.7 | | | 266.8 | | | 674.3 | | | 598.4 |
Other(2) | | | 31.1 | | | 75.1 | | | 365.2 | | | 425.9 |
| | | | | | | | | | | | |
TOTAL | | $ | 373.8 | | $ | 720.0 | | $ | 2,235.0 | | $ | 2,560.6 |
| | | | | | | | | | | | |
(1) | Reflects equity income from the Merck/Schering-Plough partnership until the merger with Schering-Plough at which time the joint venture became wholly-owned by the Company. |
(2) | Primarily reflects results for Merial Limited (until disposition on September 17, 2009), Sanofi Pasteur MSD and Johnson & JohnsonºMerck Consumer Pharmaceuticals. |
JOINT VENTURE SALES DETAIL (millions of dollars)
All sales reported here are end-market JV sales, presented on a “NET” basis.
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Merial(1) | | 4Q09 | | 4Q08 | | Period from Jan. 1, 2009 until Sept. 17, 2009 | | FY 2008 |
FRONTLINE, other fipronil | | $ | — | | $ | 152.0 | | $ | 783.9 | | $ | 1,053.0 |
BIOLOGICALS | | | — | | | 208.8 | | | 524.5 | | | 789.7 |
IVOMEC, HEARTGARD, other avermectins | | | — | | | 96.8 | | | 341.4 | | | 511.8 |
Other Animal Health | | | — | | | 67.4 | | | 199.7 | | | 288.2 |
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TOTAL MERIAL SALES | | $ | — | | $ | 525.0 | | $ | 1,849.5 | | $ | 2,642.7 |
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(1) | On September 17, 2009, Merck sold its ownership interest in Merial Limited. Sales figures for 2009 are reported until the date of disposition. |
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Sanofi Pasteur MSD | | 4Q09 | | 4Q08 | | FY 2009 | | FY 2008 |
GARDASIL | | $ | 132.1 | | $ | 171.2 | | $ | 549.2 | | $ | 865.3 |
FLU VACCINES | | | 82.3 | | | 112.7 | | | 249.4 | | | 229.9 |
OTHER VIRAL VACCINES | | | 33.2 | | | 24.4 | | | 112.1 | | | 105.1 |
HEPATITIS VACCINES | | | 9.5 | | | 15.9 | | | 44.2 | | | 72.6 |
ROTATEQ | | | 12.7 | | | 7.2 | | | 42.2 | | | 28.4 |
Other Vaccines | | | 166.5 | | | 145.2 | | | 591.5 | | | 583.5 |
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TOTAL SANOFI PASTEUR MSD SALES | | $ | 436.3 | | $ | 476.6 | | $ | 1,588.6 | | $ | 1,884.8 |
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OTHER (INCOME) EXPENSE, NET (millions of dollars)
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| | 4Q09 | | | 4Q08 | | | FY 2009 | | | FY 2008 | |
INTEREST INCOME | | $ | (10.5 | ) | | $ | (147.2 | ) | | $ | (210.2 | ) | | $ | (631.4 | ) |
INTEREST EXPENSE | | | 167.0 | | | | 56.7 | | | | 458.0 | | | | 251.3 | |
EXCHANGE (GAINS) LOSSES | | | (9.4 | ) | | | 73.8 | | | | (12.4 | ) | | | 147.4 | |
Other, net(1) | | | (7,961.9 | ) | | | (10.1 | ) | | | (10,904.9 | ) | | | (2,085.4 | ) |
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TOTAL | | $ | (7,814.8 | ) | | $ | (26.8 | ) | | $ | (10,669.5 | ) | | $ | (2,318.1 | ) |
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(1) | Other, net in 2009 primarily reflects a $7.5 billion gain associated with the Merck/Schering-Plough partnership and a $3.2 billion gain on the sale of Merck’s ownership interest in Merial Limited. Other, net in 2008 primarily reflects a $2.2 billion gain on distribution from AstraZeneca LP. |