Mr. Poussot said the Company's solid performance was driven by continued growth in its core franchises, Enbrel, Prevnar and Nutritionals, and increased contribution from its newer products, Tygacil, Torisel, Pristiq and Relistor. This solid growth is helping to offset the expected declines of products with emerging generic competition. The Company will report its second quarter financial results on July 23, 2009.
In other business, Wyeth stockholders re-elected 11 current members of the Company's Board of Directors. Stockholders also ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2009.
In addition, Wyeth stockholders rejected a stockholder proposal regarding reporting on the Company's political contributions and trade association payments; and approved a stockholder proposal requesting the Board to adopt an amendment to Wyeth's bylaws to give holders of 10% of outstanding common stock the power to call special shareowner meetings. The votes on these two stockholder proposals were tabulated in the event the merger does not close and Wyeth continues as a publicly traded company.
Wyeth is one of the world's largest research-driven pharmaceutical and health care products companies. It is a leader in the discovery, development, manufacturing and marketing of pharmaceuticals, vaccines, biotechnology products, nutritionals and non-prescription medicines that improve the quality of life for people worldwide. The Company's major divisions include Wyeth Pharmaceuticals, Wyeth Consumer Healthcare and Fort Dodge Animal Health.
The statements in this press release that are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from thos
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