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Schering-Plough Reports Financial Results for 2009 First Quarter
Date:4/21/2009

higher sales in both the U.S. and international markets excluding foreign exchange.

Sales of PEGINTRON for hepatitis C decreased 4 percent (2 percent operational growth offset by 6 percent unfavorable foreign exchange impact) to $216 million in the 2009 first quarter, primarily due to the unfavorable impact of foreign exchange and lower sales in the U.S.

In women's health care, sales of FOLLISTIM/PUREGON, a fertility treatment, decreased 10 percent (1 percent operational decrease and 9 percent unfavorable foreign exchange impact) to $131 million as compared to the first quarter of 2008. Sales of NUVARING, a contraceptive product, in the first quarter of 2009 grew 19 percent (27 percent operational growth offset by 8 percent unfavorable foreign exchange impact) to $115 million as compared to $96 million in the first quarter of 2008, primarily due to growth in the U.S.

Global sales of CLARINEX, a nonsedating antihistamine, were $174 million, a decrease of 19 percent (9 percent operational decrease and 10 percent unfavorable foreign exchange impact) as compared to the first quarter of 2008.

Sales of prescription CLARITIN were $132 million, a 3 percent increase (6 percent operational growth offset by 3 percent unfavorable foreign exchange impact) compared to sales of $128 million in the first quarter of 2008.

Animal Health sales totaled $630 million in the 2009 first quarter, a 13 percent decrease as compared to $723 million in the first quarter of 2008. Excluding the unfavorable impact of foreign exchange of 13 percent, Animal Health sales would have been roughly flat as compared to the first quarter of 2008.

Consumer Health Care sales were $384 million in the 2009 first quarter, up 2 percent versus the 2008 period. The increase was primarily due to higher sales of OTC MIRALAX and the launch of CLARITIN LIQUI-GELS.

Overall, Schering-Plough sh
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SOURCE Schering-Plough Corporation
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