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Schering-Plough Highlights R&D Pipeline Progress, Innovation and Breadth of Research Projects
Date:11/24/2008

KENILWORTH, N.J., Nov. 24 /PRNewswire-FirstCall/ -- Leaders of Schering-Plough Corporation (NYSE: SGP) today provided an update for investors on the company's research pipeline, highlighting a rich and innovative portfolio that includes 46 new entities in clinical trials or under regulatory review and 29 in preclinical studies.

"Research and development is adding strength and breadth to Schering-Plough as we continue our transformation," said Fred Hassan, chairman and CEO. "Our scientists have built a pipeline that we believe is the best in our history and one of the best in the industry, with nine new molecular entities (NMEs) in Phase III plus three in pre-registration." He said the new medicines that emerge from this pipeline will join a geographically diverse portfolio, with expected market exclusivity for most key prescription products continuing well into the next decade.

"Our goal remains the same: Deliver high performance for the long term," said Hassan. "We believe that having this robust pipeline, including several potential first-in-class and/or best-in-class compounds, is a key step toward achieving that goal."

Thomas P. Koestler, Ph.D., executive vice president and president of Schering-Plough Research Institute, said, "Our R&D innovation is visible in our pipeline projects, six of which have been designated 'fast track' by the U.S. Food and Drug Administration." He added, "We are pleased that R&D now has the potential to add enormous value to the company's already well-protected marketed product portfolio."

R&D Pipeline and Discovery Highlights

In reviewing the company's portfolio, presenters highlighted the following projects in the company's pipeline:

  • Thrombin Receptor Antagonist (TRA), a
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SOURCE Schering-Plough Corporation
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