Merck & Co Inc (NYSE:MRK)
$ 129.575 -0.805 (-0.62%) Market Cap: 328.19 Bil Enterprise Value: 358.83 Bil PE Ratio: 143.97 PB Ratio: 8.13 GF Score: 85/100

Q1 2021 Merck & Co Inc Earnings Call Transcript

Apr 29, 2021 / 12:00PM GMT
Release Date Price: $70.26 (-4.42%)
Operator

Good morning. My name is Lara, and I will be your conference operator today. At this time, I would like to welcome everyone to Merck & Co. Q1 sales and earnings conference call. (Operator Instructions) I would now like to turn the call over to Peter Dannenbaum, Vice President, Investor Relations. Sir, please go ahead.

Peter Dannenbaum
Merck & Co., Inc. - VP of IR

Thank you, Lara, and good morning. Welcome to Merck's First Quarter 2021 Conference Call. Today, I'm joined by Ken Frazier, our Chairman and Chief Executive Officer; Rob Davis, our President; Dr. Dean Li, President of Merck Research Labs; Frank Clyburn, President of Human Health; and Caroline Litchfield, Chief Financial Officer.

Before we get started, I'd like to point out a few items. You will see that we have items in our GAAP results such as acquisition-related charges, restructuring costs and certain other items. You should note that we have excluded these from our non-GAAP results and provided a reconciliation in our press release. I would also like to remind you that some of the

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