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

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

Total special and

acquisition-related items,

pre-tax 101 (294) 218 (250)

Income tax benefit 16 - 25 -

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

Total Special and

acquisition-related items $85 $(294) $193 $(250)

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

Other specified items:

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

Gain on sale of

previously announced

divestiture of

certain Animal Health

products (d) $(160) $- $(160) $-

Income from

respiratory JV

termination (f) (19) - (83) -

Gain on sale of

manufacturing plant (d) - - (17) -

Upfront R&D

payments (c) - 20 - 176

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

Total other specified

items, pre-tax (179) 20 (260) 176

Income tax expense 11 - 16 -

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

Total other specified items $(168) $20 $(244) $176

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

Total purchase accounting

adjustments, special and

acquisition-related items

and other specified items $88 $(274) $1,031 $(74)

=== ====== ====== =====

(a) Included in Cost of sales

(b) Included in Cost of sales, Selling, general and administrative and

Research and development

(c) Inclu
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SOURCE Schering-Plough Corporation
Copyright©2008 PR Newswire.
All rights reserved

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