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Major events of 2008
Objectives were largely achieved
Operating result rose by 16%
Pharmaceuticals increased contribution
Financial indicators remain very solid
Three new approvals for Erbitux
Strengthened biotech research
Slowdown hits Liquid Crystals
Solid balance sheet
Good development of net equity
Total revenues
Operating result
by business sector
€ million
by business sector
€ million
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Important key figures
Merck 2008 at a glance
Letter from
Karl-Ludwig Kley
Corporate governance
and Board
Merck shares
Management Report
Pharmaceuticals
Chemicals
Financial Statements
Notes
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