The right balance between Pharmaceuticals and Chemicals as well as innovation and tradition Ð thatÕs what we stand for at Merck. Around 33,000 employees worldwide are pursuing the ÒSustain. Change. Grow.Ó strategy to continue the Merck success story Ð and improve quality of life for people everywhere. At Merck Serono, we are actively committed to bringing therapeutic innovations to patients. We specialize in the treatment of cancer, neurodegenerative diseases, infertility, endocrine and metabolic disorders, cardiovascular diseases and other conditions with unmet medical needs.Around the world, over 17,000 employees work to discover, develop, manufacture and commercialize Merck SeronoÕs prescription therapies, available in over 150 countries.We are internationally recognized as a biotechnology leader, with innovative and successful products along with a well-stocked and promising development pipeline. Specialized know-how in research and production means that we are able to ensure absolutely high-quality manufacturing, a key success factor especially in the biopharmaceutical industry.In 2007, sales of Merck Serono products generated total revenues of Û 4.5 billion. We devote 20% of these earnings to the pursuit of innovative new therapies through our own research and development, strategic alliances and agreements.