Merck & Co. Inc. / Schering-Plough Corporation (joint venture, ezetimibe)
2000 · Co-Development · Complete
Announcement Sentiment
75
Strongly positive
Merck and Schering-Plough formed a 50/50 joint venture (Merck/Schering-Plough Pharmaceuticals) in May 2000 to co-develop and co-market ezetimibe in the US and combination products with Merck's simvastatin. Resulted in Zetia (2002) and Vytorin (2004). Foundation for the 2009 Merck-Schering-Plough merger.