Merck Provides Update on EU Marketing Authorization Application for Ridaforolimus

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November 29, 2012 8:00 am ET

Merck, known as MSD outside the U.S. and Canada, announced today that it
has formally notified the European Medicines Agency (EMA) of Merck’s
decision to withdraw the Marketing Authorisation Application (MAA) for
ridaforolimus.

The application for Marketing Authorisation for ridaforolimus was
accepted by the EMA in August 2011. At the time of the withdrawal it was
under review by the Agency’s Committee for Medicinal Products for Human
Use (CHMP). In its letter to the EMA, Merck said that the withdrawal of
ridaforolimus was based on the provisional view of the CHMP that the
data available to date and provided in the Marketing Authorisation
Application were not sufficient to permit licensure of ridaforolimus in
the European Union for the maintenance treatment of patients with soft
tissue sarcoma or primary malignant bone tumor.

Although the application for these uses was withdrawn, Merck is studying
ridaforolimus in combination with other drugs in other tumor types. The
withdrawal of the European application of ridaforolimus for the
maintenance treatment of patients with soft tissue sarcoma or primary
malignant bone tumor does not change Merck’s commitment to the ongoing
clinical trials with ridaforolimus.

About Ridaforolimus

Ridaforolimus is an investigational small-molecule inhibitor of the
protein mTOR, a protein that acts as a central regulator of protein
synthesis, cell proliferation, cell cycle progression and cell survival,
integrating signals from proteins, such as PI3K, AKT and PTEN, known to
be important to malignancy.

Merck’s Commitment to Oncology

Merck is committed to advancing all aspects of cancer care – prevention,
treatment and supportive care. Through strong internal research
capabilities, selective alliances and acquisitions, and enabling
technologies, Merck is looking to lead in the discovery, development and
delivery of anticancer therapies.

About Merck

Today’s Merck is a global healthcare leader working to help the world be
well. Merck is known as MSD outside the United States and Canada.
Through our prescription medicines, vaccines, biologic therapies, and
consumer care and animal health products, we work with customers and
operate in more than 140 countries to deliver innovative health
solutions. We also demonstrate our commitment to increasing access to
healthcare through far-reaching policies, programs and partnerships. For
more information, visit www.merck.com
and connect with us on Twitter, Facebook and YouTube.

Merck Forward-Looking Statement

This news release includes “forward-looking statements” within the
meaning of the safe harbor provisions of the United States Private
Securities Litigation Reform Act of 1995. Such statements may include,
but are not limited to, statements about the benefits of the merger
between Merck and Schering-Plough, including future financial and
operating results, the combined company’s plans, objectives,
expectations and intentions and other statements that are not historical
facts. Such statements are based upon the current beliefs and
expectations of Merck’s management and are subject to significant risks
and uncertainties. Actual results may differ from those set forth in the
forward-looking statements.

The following factors, among others, could cause actual results to
differ from those set forth in the forward-looking statements: the
possibility that all of the expected synergies from the merger of Merck
and Schering-Plough will not be realized, or will not be realized within
the expected time period; the impact of pharmaceutical industry
regulation and health care legislation in the United States and
internationally; Merck’s ability to accurately predict future market
conditions; dependence on the effectiveness of Merck’s patents and other
protections for innovative products; and the exposure to litigation
and/or regulatory actions.

Merck undertakes no obligation to publicly update any forward-looking
statement, whether as a result of new information, future events or
otherwise. Additional factors that could cause results to differ
materially from those described in the forward-looking statements can be
found in Merck’s 2011 Annual Report on Form 10-K and the company’s other
filings with the Securities and Exchange Commission (SEC) available at
the SEC’s Internet site (www.sec.gov).

Merck
Media:
Pam Eisele, +1 908-423-5042
Catherine Cantone, +1 908-423-5399
or
Investors:
Carol Ferguson, +1 908-423-4465

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