We said goodbye to
Wyeththree weeks ago,
Pfizer (NYSE: PFE) took it from our sight.
Today it's Schering-Plough's heave-ho,
Merck (NYSE: MRK) closed the deal last
night.
Technically, Schering lives on as a quirk;
It was a
reverse merger, after all.
But after Schering bought Merck
As "Merck," it answers the call.
Change in control or reverse merger deal?
Only an arbiter will decide.
Non-U.S. Remicade sales are on appeal;
Johnson & Johnson (NYSE: JNJ) no longer
wants to divide.
Like
Bristol-Myers Squibb (NYSE: BMY)-Medarex and
Eli Lilly (NYSE: LLY)-ICOS,
Partners can be acquired.
Using Vytorin-plus-Zetia to get close
Actually may have backfired.
But Schering's pipeline also has gusto.
Merck's is a bit of a mess.
Many weren't developed by Schering, though,
But through Organon BioSciences' largesse.
Only $14 billion that deal was costing;
It came with lots of drugs to boot
Which made Merck's acquisition exhausting,
Organon brought animal-health product loot.
You see, Merial was Merck's joint-venture bride,
With
sanofi-aventis (NYSE: SNY) it paired.
But Merck having something of its own on the side?
"
Absolutement non!" Sanofi declared.
Merck, its half of Merial did sell
To Sanofi, the partner, it went.
But the previous partners could once
again gel;
Sanofi has the option to relent. Continued... |