Teri Loxam | Senior Vice President of Investor Relations and Global Communications |
Kenneth Frazier | Chairman, Chief Executive Officer |
Robert Davis | Executive Vice President of Global Services & Chief Financial Officer |
Roger Perlmutter | Executive Vice President & President of Merck Research Laboratories |
Mike Nally | Chief Marketing Officer |
Frank Clyburn | Executive Vice President & Chief Commercial Officer |
Terence Flynn | Goldman Sachs |
Seamus Fernandez | Guggenheim |
Andrew Baum | Citi |
Chris Schott | JPMorgan |
Navin Jacob | UBS |
Umer Raffat | Evercore |
David Risinger | Morgan Stanley |
Tim Anderson | Wolfe Research |
Jason Gerberry | Bank of America |
Steve Scala | Cowen |
Louise Chen | Cantor |
Mara Goldstein | Mizuho |
Good morning, my name is Darla and I will be your conference operator today. At this time, I would like to welcome everyone to the Merck & Company Q2 Sales and Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.