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MRK Merck & Co. Inc. featured news, full reports, and detailed charts

Merck & Co. Inc. (MRK) Wrap Up:

Merck & Co., Inc. provides products for human and animal health primarily in the United States. The company?s Pharmaceutical segment offers human health pharmaceutical products, such as therapeutic and preventive agents. Its products comprise Singulair, a leukotriene receptor antagonist for the treatment of asthma and allergic rhinitis; Cozaar, Hyzaar, Vasotec, and Vaseretic, the hypertension and/or heart failure products; Fosamax and Fosamax Plus D for treating osteoporosis; Januvia and Janumet for type 2 diabetes; Cosopt and Trusopt, the ophthalmological products; Zocor, an atherosclerosis product; Maxalt for acute migraine; Propecia to treat male pattern hair loss; Arcoxia to treat arthritis and pain; Proscar to treat symptomatic benign prostate enlargement; and Emend for the prevention of chemotherapy-induced and post-operative nausea and vomiting. Merck & Co.?s Vaccines segment comprises human health vaccines, such as preventative pediatric, adolescent, and adult vaccines. Its products include Gardasil to prevent cervical cancer, pre-cancerous and low-grade lesions, vulvar and vaginal pre-cancers, and genital warts; Varivax to prevent chickenpox; ProQuad, a pediatric combination vaccine against measles, mumps, rubella, and varicella; M-M-R II, a vaccine against measles, mumps, and rubella; RotaTeq to protect against rotavirus gastroenteritis in children; Zostavax for preventing shingles; Primaxin and Cancidas, anti-bacterial/anti-fungal products; Isentress, Crixivan, and Stocrin, antiretroviral therapies for the treatment of HIV infection; and Invanz for the treatment of infection. Merck & Co. has research, collaboration, or licensing agreements with Neuromed Pharmaceuticals, Ltd.; ARIAD Pharmaceuticals, Inc.; GTX, Inc.; Idera Pharmaceuticals; Japan Tobacco Inc.; Galapagos NV; AstraZeneca plc; Metabasis Therapeutics Inc.; Addex Pharmaceuticals Ltd.; and Nuevolution A/S. The company was founded in 1891 and is headquartered in Whitehouse Station, New Jersey.
www.merck.com
55,200 Employees
Founded in 1891

Merck & Co. Inc. (MRK:NYSE)

LAST $36.46 USD
CHANGE TODAY +1.13 3.20%
VOLUME 36.4M
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Merck & Co. Inc. (MRK)

OPEN
$35.45
PREVIOUS CLOSE
$35.33
DAY HIGH
$36.67
DAY LOW
$35.33
52 WEEK HIGH
11/20/09 - $36.67
52 WEEK LOW
03/9/09 - $20.05
MARKET CAP
111.4B
AVERAGE VOLUME 3 mo
20.5M
DILUTED EPS TTM
$1.43
SHARES OUTSTANDING
3.1B
EX-DATE
09/2/09
P/E TTM
25.5x
DIVIDEND
$1.52
DIVIDEND YIELD
4.17%
K = Thousands  M = Millions  B = Billions
>

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MRK Top Compensated Officers

Mr. Richard T. Clark
Executive Chairman, Chief Executive Officer a...
Age: 63
Total Annual Compensation: $1.8M
Mr. Peter N. Kellogg
Chief Financial Officer and Executive Vice Pr...
Age: 52
Total Annual Compensation: $873.6K
Dr. Peter Kim Ph.D.
Executive Vice President and President of Mer...
Age: 50
Total Annual Compensation: $1.0M
Mr. Kenneth C. Frazier
Executive Vice President and President of Glo...
Age: 54
Total Annual Compensation: $1.0M
Mr. Bruce N. Kuhlik
Executive Vice president and General Counsel
Age: 52
Total Annual Compensation: $682.5K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Merck & Co. Inc. (MRK)

Merck Expresses Confidence in the Efficacy and Safety Profiles of ZETIA(R) (Ezetimibe) and VYTORIN(R)

Merck & Co. Inc. announced that it is confident in the safety and efficacy profiles of ZETIA(R) (ezetimibe) and VYTORIN(R) (ezetimibe/simvastatin), and issued the following comment in response to misinterpretation of results from a small 200-patient imaging study called ARBITER 6. The results of the small ARBITER 6 study do not, in any way, change its view of ZETIA and VYTORIN as effective medicines for fighting high LDL cholesterol. ZETIA and VYTORIN, when used as a supplement to a healthy diet, are effective in reducing LDL cholesterol. The results of ARBITER 6 were widely predicted because the study design favored niacin as the patient population selected had well-controlled LDL cholesterol and relatively low HDL cholesterol. Also, it is important to remember that ARBITER 6 is not an outcomes study, and does not have the rigor or size to provide meaningful insight into the effect of either niacin or ezetimibe on clinical outcomes. Merck has reviewed the data from 43 completed shorter-term clinical trials involving approximately 2,400 patients who received ezetimibe alone and 13,600 patients who received ezetimibe with statins, as well as two longer-term studies, and is confident that the data support the safety profiles of ZETIA and VYTORIN as described in their labels.

Merck & Co. Inc. Announces Completion of Patient Enrollment in Phase III TRA 2 P-TIMI 50 Trial of SCH 530348

Merck & Co. Inc. announced the completion of patient enrollment in the TRA 2 P-TIMI 50 clinical trial, a Phase III, randomized, double-blind, placebo-controlled, multinational study of SCH 530348, the company's investigational antiplatelet protease activated receptor-1 (PAR-1) inhibitor. The study, conducted by the Thrombolysis in Myocardial Infarction (TIMI) Study Group, reached its target of more than 26,000 patients. The trial will assess the ability of SCH 530348, a thrombin receptor antagonist, or PAR-1 inhibitor, to prevent major cardiovascular events when added to current antiplatelet regimens (aspirin or aspirin +ADP inhibitor) in patients who have previously experienced a heart attack or stroke or who have peripheral arterial disease. SCH 530348 is also being studied in the treatment of patients with acute coronary syndrome (ACS) in the ongoing Thrombin Receptor Antagonist for Clinical Event Reduction in Acute Coronary Syndrome (TRA-CER) trial, led by Duke Clinical Research Institute. Approximately 7.2 million people worldwide die each year from coronary heart disease, the most common cause of death in Europe and the United States. In spite of advances in antiplatelet and other preventive treatments, there remains a residual risk for further cardiovascular events in patients with established vascular disease.

Merck Eyeing Biotech Acquisitions

Richard Clark, the CEO of Merck & Co. said the company is "actively looking" to acquire biotechnology companies in the "single-digit" billions of dollars, but another major acquisition of the size of Schering-Plough is "off the table right now." In an interview, Mr. Clark said Merck is interested in either acquiring outright biotech companies with promising therapies or technologies, or opportunities to partner with them or license rights from them. "A large merger is off the table right now," Mr. Clark said. "There is so much potential and upside with the Merck and Schering-Plough combination, we need to concentrate on that, but certainly" buying a biotech company is a possibility, he said. Among the potential biotech targets for Merck are Incyte Corp. and AMAG Pharmaceuticals Inc., according to Seamus Fernandez, a Leerink Swann analyst.

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Takeda Pharmaceutical Co Ltd ¥3,540 JPY -10.00
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Industry Analysis

Valuation MRK Industry Range
Price/Earnings 9.6x
Price/Sales 3.3x
Price/Book 3.4x
Price/Cash Flow 13.8x
TEV/Sales 3.3x

MRK

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MRK transactions

Type
Date
Target
Merger/Acquisition
July 29, 2009
Merial Limited
Merger/Acquisition
July 24, 2009
Frosst Iberica S.A.
Merger/Acquisition
July 22, 2009
Istituto Gentili S.p.A.

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