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Schering-Plough Reports Financial Results for 2009 Second Quarter
Date:7/21/2009

mpact forward-looking statements, see Schering-Plough's Securities and Exchange Commission filings, including Part II, Item 1A "Risk Factors" in the company's first quarter 2009 10-Q, filed May 1, 2009.

Schering-Plough is an innovation-driven, science-centered global health care company. Through its own biopharmaceutical research and collaborations with partners, Schering-Plough creates therapies that help save and improve lives around the world. The company applies its research-and-development platform to human prescription, animal health and consumer health care products. Schering-Plough's vision is to "Earn Trust, Every Day" with the doctors, patients, customers and other stakeholders served by its colleagues around the world. The company is based in Kenilworth, N.J., and its Web site is www.schering-plough.com.


    SCHERING-PLOUGH CORPORATION
    U.S. GAAP report for the second quarter ended June 30 (unaudited):
    (Amounts in millions, except per share figures)

                                           Second Quarter       Six Months
                                           --------------       ----------
                                           2009       2008    2009       2008
                                           ----       ----    ----       ----
     Net sales                           $4,647     $4,921  $9,040     $9,577
     Cost of sales 1/                     1,620      1,908   3,019      4,044
    Selling, general and administrative   1,626      1,870   3,119      3,547
    Research and development                863        906   1,667      1,786
    Other expense/(income), net             106        134     194        229
    Special, merger and
     acquisition-related charges 2/          29         94     104        117
    Equity income 3/                       (370)      (493)   (770)    (1,010)
     
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SOURCE Schering-Plough Corporation
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