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Schering-Plough Reports Financial Results for Third Quarter of 2008
Date:10/21/2008

-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 and consumer products as well as to animal health 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 http://www.schering-plough.com.

SCHERING-PLOUGH CORPORATION

U.S. GAAP report for the Third quarter ended September 30 (unaudited):

(Amounts in millions, except per share figures)

Third Quarter Nine Months

2008 2007 2008 2007

---- ---- ---- ----

Net sales 1/ $4,576 $2,812 $14,154 $8,965

Cost of sales 2/ 1,737 925 5,782 2,838

Selling, General and

administrative 1,660 1,262 5,208 3,833

Research and

development 3/ 893 669 2,679 2,071

Other expense/(income),

net 4/ (39) (390) 189 (451)

Special and acquisition-

related charges 5/. 101 20 218 32

Equity income 6/ (434) (506) (1,444) (1,483)

----- ----- ------- -------

Income before income

taxes 658 832 1,522 2,125

Income tax expense 69 82 207 272

-- -- --- ---


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SOURCE Schering-Plough Corporation
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